AInvestOption Pilot Program
Options/TD
TD logo

TDToronto Dominion Bank

Options Analysis Report
Market Cap $198.7B|NYSE
● 2026-08-31$121.25
BEARISH
Analysis: 2026-08-28 EOD data
1Y +62.7%YTD +28.3%7D +4.0%
1,166
30D
±5.7%
18%

TD Options Overview

IV is low with bearish flow. Conditions favor option buyers.

REWARDS

RISK ANALYSIS

5.1VALUESENTIMENTACTIVITYLIQUIDITYTIMING

Snowflake Analysis

Favorable conditions for option buyers

Learn
Loading score history...

TD Gamma Walls

Loading gamma walls...

Value

Is IV priced right?

7.8
ExpensiveCheap

Measures whether options are cheap, fair, or rich relative to historical and peer

levels.

Risk Checks7/9 checks passed
≤35%

IV Rank 25.1% — cheap vs history

<1.05x

IV/HV 1.06x — IV premium over HV

Sector Relative≤50%

Sector percentile 43% — below sector median

<1.1x

Front/Back 0.89x — contango

<1.25x

Put/Call IV 1.16x — elevated

<80%

ATM IV 21.3% — normal range

<80%

Effective IV 39.0% (ATM 21.3% + spread 8.8% + bias) — excellent value

<3.0%

Total drag 15.33% (spread 8.83% + slippage 6.50%) — high friction

≥5.0

Vega efficiency 19.66 (vega 17.355 / spread 8.83%) — efficient

Sentiment

Bullish or bearish?

2.9
BearishBullish

Analyzes

,
, and flow direction to determine market bias.

Risk ChecksBearish - Strong signal (Conviction: -22%, Raw: -18%)
|net sentiment| ≥25%

Conviction-weighted: -22% (bearish) — Raw: -18%

≥15%

|OI skew| 7.0% — balanced

Same sign, |vol skew| ≥10%

Vol skew -26.2%, OI skew -7.0% — aligned

≥2/3 conditions

0-DTE 0%, far-OTM 15%, avg DTE 30

|change| ≥3%

OI change +0.0% (5d) — stable

|weighted flow| ≥20%

ITM: -45%, ATM: +1%, OTM: -20% — strong bearish (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 92% — very bearish vs sector

Activity

Unusual activity?

3.5
QuietActive

Detects volume surges,

, and unusual options activity that may signal moves.

Risk Checks1/8 checks passed
≥1.5x

Volume 0.9x avg — normal

≥15%

Vol/OI 1.8% — normal turnover

≥2 days

1 day(s) elevated — may be one-day event

≥5%

OI change +5.9% (5d) — building

Sector Relative≥60%

Sector activity percentile 45% — neutral vs sector

≥30%

Large trade volume 17% — mixed

≥60%

Aggressive execution 35% — patient

≥30

Conviction -22 (bearish) — mixed

Liquidity

Can I trade efficiently?

4.0
IlliquidLiquid

Evaluates

, volume depth, and open interest for trade execution quality.

Risk Checks4/8 checks passed
≤5.0%

Spread 8.8% — wide

≥10,000

OI 63,874 — deep

≥500

Volume 1,166/day — adequate

≤$0.50

$0.44 to cross — cheap

≥5 strikes

1 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 57% — neutral vs sector

≥100 contracts

Depth 124.1 contracts (bid:60.1 ask:64.0) — adequate

<1.0%

Avg slippage 6.50% — poor

Timing

Is now a good time?

7.1
RiskyFavorable

Considers earnings proximity,

, and event calendar for optimal entry timing.

Risk Checks7/9 checks passed
|slope| ≥5%

Slope -11.2% — contango

<30 or >70

IV percentile 25% — buyer opportunity

≥10pts kink

IV kink -0.9pts — no clear event

<0.5 or >2.0

θ/ν ratio 488.88 — favors income trades

≥3 expirations

3 liquid expirations — flexible

≥60% (safe)

safe window: No events detected

<1.2 ratio

Spread ratio 1.00x — stable

≥25% strength + ≥50% consistency

Flow -22% @ 61% consistency — unclear

≥40 composite score

Score 47 (ITM 20% + inst 17%) — moderate institutional

Directional Strategy Fit

Option Buyers
Long Calls5.4
bullishIV cheap, bearish flow
Long Puts7.6
bearishIV cheap, bearish flow
Premium Sellers
Cash-Secured Put3.5
bullishIV too cheap, bearish flow
Covered Call5.0
bearishIV too cheap, bearish flow

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.

More on TD

TD gamma wallsTD max painTD IV rankTD options flow