bullish flow. No clear edge detected.
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 64.1% — elevated vs history
IV/HV 1.15x — IV premium over HV
Sector percentile 25% — below sector median
Front/Back 1.13x — backwardation
Put/Call IV 1.16x — elevated
ATM IV 39.8% — normal range
Effective IV 69.8% (ATM 39.8% + spread 15.0% + bias) — fair
Total drag 21.68% (spread 15.02% + slippage 6.66%) — high friction
Vega efficiency 36.85 (vega 55.352 / spread 15.02%) — efficient
Bullish or bearish?
Analyzes
Conviction-weighted: +0% (neutral) — Raw: +10%
|OI skew| 39.5% — put-heavy
Vol skew +69.7%, OI skew -39.5% — divergent (opposite)
0-DTE 17%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: -20%, ATM: -3%, OTM: +14% — bearish (ITM/ATM aligned)
Sector P/C percentile 5% — very bullish vs sector
Unusual activity?
Detects volume surges,
Volume 0.2x avg — normal
Vol/OI 1.0% — normal turnover
Top 3 strikes = 50% — dispersed
1 day(s) elevated — may be one-day event
OI change +2.6% (5d) — building
Sector activity percentile 7% — quiet vs sector
Large trade volume 0% — mostly retail
Aggressive execution 44% — patient
Conviction +0 (bullish) — mixed
Can I trade efficiently?
Evaluates
Spread 15.0% — wide
OI 34,092 — adequate
Volume 330/day — thin
$0.75 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 26% — tighter than sector
Depth 35.4 contracts (bid:14.4 ask:21.0) — thin
Avg slippage 6.66% — poor
Is now a good time?
Considers earnings proximity,
Slope +13.5% — backwardation
IV percentile 64% — neutral
IV kink 5.2pts — no clear event
θ/ν ratio 591.99 — favors income trades
3 liquid expirations — flexible
caution advised: Earnings in 5d (elevated risk)
Spread ratio 1.00x — stable
Flow +0% @ 50% consistency — unclear
Score 30 (ITM 20% + inst 0%) — retail dominated
For educational purposes only. Not investment advice.