
SLGSL Green Realty Corp.
SLG Options Overview
Mixed signals. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
SLG Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 61.6% — elevated vs history
IV/HV 1.31x — IV premium over HV
Sector percentile 81% — above sector median
Front/Back 0.94x — contango
Put/Call IV 1.16x — elevated
ATM IV 38.7% — normal range
Effective IV 68.5% (ATM 38.7% + spread 14.9% + bias) — fair
Total drag 21.43% (spread 14.88% + slippage 6.55%) — high friction
Vega efficiency 7.33 (vega 10.908 / spread 14.88%) — efficient
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: -16% (bearish) — Raw: -10%
|OI skew| 7.3% — balanced
Vol skew -7.7%, OI skew +7.3% — divergent (opposite)
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: -10%, ATM: +50%, OTM: -25% — bullish (ITM/ATM divergent)
Sector P/C percentile 76% — very bearish vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 0.2x avg — normal
Vol/OI 0.2% — normal turnover
1 day(s) elevated — may be one-day event
OI change +2.4% (5d) — building
Sector activity percentile 14% — quiet vs sector
Large trade volume 0% — mostly retail
Aggressive execution 9% — patient
Conviction -16 (bearish) — mixed
Liquidity
Can I trade efficiently?
Evaluates
Spread 14.9% — wide
OI 49,960 — adequate
Volume 78/day — thin
$0.74 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 91% — much wider than sector
Depth 96.69999999999999 contracts (bid:50.8 ask:45.9) — thin
Avg slippage 6.55% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope -5.9% — contango
IV percentile 62% — neutral
IV kink -2.1pts — no clear event
θ/ν ratio 396.64 — favors income trades
4 liquid expirations — flexible
safe window: No events detected
Spread ratio 1.00x — stable
Flow -16% @ 58% consistency — unclear
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.