RHIRobert Half Inc.
RHI Options Overview
IV is elevated. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
RHI Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 75.5% — elevated vs history
IV/HV 1.36x — IV premium over HV
Sector percentile 76% — above sector median
Front/Back 0.89x — contango
Put/Call IV 1.16x — elevated
ATM IV 49.4% — normal range
Effective IV 99.8% (ATM 49.4% + spread 25.2% + bias) — expensive
Total drag 35.39% (spread 25.21% + slippage 10.18%) — high friction
Vega efficiency 3.89 (vega 9.812 / spread 25.21%) — spread drag
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: -27% (bearish) — Raw: -24%
|OI skew| 4.9% — balanced
Vol skew -2.9%, OI skew +4.9% — divergent (opposite)
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: +100%, ATM: -60%, OTM: -19% — strong bullish (ITM/ATM divergent)
Sector P/C percentile 77% — very bearish vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 0.1x avg — normal
Vol/OI 0.5% — normal turnover
1 day(s) elevated — may be one-day event
OI change -3.6% (5d) — unwinding
Sector activity percentile 26% — below sector avg
Large trade volume 0% — mostly retail
Aggressive execution 44% — patient
Conviction -27 (bearish) — mixed
Liquidity
Can I trade efficiently?
Evaluates
Spread 25.2% — wide
OI 13,438 — adequate
Volume 68/day — thin
$1.26 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 85% — much wider than sector
Depth 122.1 contracts (bid:57.5 ask:64.6) — adequate
Avg slippage 10.18% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope -10.8% — contango
IV percentile 76% — seller opportunity
IV kink -3.6pts — no clear event
θ/ν ratio 417.52 — favors income trades
3 liquid expirations — flexible
safe window: No events detected
Spread ratio 1.00x — stable
Flow -27% @ 65% consistency — moderate (bearish)
Score 30 (ITM 20% + inst 0%) — retail dominated
Directional Strategy Fit
For educational purposes only. Not investment advice.
The Options Desk tracks the move options price into every US earnings report the week of Aug 31, next to how much each stock has actually moved on its past prints — plus the SPY, QQQ and IWM expected ranges and the gamma walls that box them in.