TMOThermo Fisher Scientific, Inc.
Options Analysis Report•MEASURING & CONTROLLING DEVICES, NEC
Market Cap $195.7B|NYSE
● 2026-04-17$526.60
NEUTRAL
Analysis: 2026-04-16 EOD data
1Y +24.8%YTD -11.1%7D +6.1%
Options Vol
857
30D
Implied Move
±11.8%
IV Rank
42%
TMO Options Overview
Mixed signals. No clear edge detected.
REWARDS
RISK ANALYSIS
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Value
Is IV priced right?
3.9
ExpensiveCheap
Measures whether options are cheap, fair, or rich relative to historical and peer
IV
levels.Risk Checks4/9 checks passed
IV Rank
≤35%IV Rank 63.1% — elevated vs history
IV/HV Ratio
<1.05xIV/HV 1.39x — IV premium over HV
Sector Relative≤50%
Sector percentile 62% — above sector median
Term Structure
<1.1xFront/Back 1.72x — backwardation
Skew Normal
<1.25xPut/Call IV 1.16x — elevated
Absolute IV
<80%ATM IV 39.6% — normal range
Spread-Adjusted Value
<80%Effective IV 59.6% (ATM 39.6% + spread 10.0% + bias) — good value
Execution Efficiency
<3.0%Total drag 17.02% (spread 9.99% + slippage 7.03%) — high friction
Vega Efficiency
≥5.0Vega efficiency 192.46 (vega 192.270 / spread 9.99%) — efficient
Sentiment
Bullish or bearish?
5.0
BearishBullish
Analyzes
put/call ratios
, open interest skew
, and flow direction to determine market bias.Risk ChecksNeutral - Weak signal (Conviction: -5%, Raw: -8%)
Flow Direction
|net sentiment| ≥25%Conviction-weighted: -5% (neutral) — Raw: -8%
OI Skew Magnitude
≥15%|OI skew| 9.9% — balanced
Volume-OI Alignment
Same sign, |vol skew| ≥10%Vol skew +13.4%, OI skew -9.9% — divergent (opposite)
Conviction Quality
≥2/3 conditions0-DTE 24%, far-OTM 15%, avg DTE 30
OI Momentum
|change| ≥3%OI change +0.0% (5d) — stable
Smart Money Flow
|weighted flow| ≥20%ITM: -13%, ATM: -1%, OTM: -10% — neutral (ITM/ATM aligned)
Sector Relative≤40% or ≥60%
Sector P/C percentile 47% — neutral vs sector
Activity
Unusual activity?
2.6
QuietActive
Detects volume surges,
block trades
, and unusual options activity that may signal moves.Risk Checks0/9 checks passed
Volume Surge
≥1.5xVolume 0.2x avg — normal
Turnover Rate
≥15%Vol/OI 1.8% — normal turnover
Strike Concentration
≥60%Top 3 strikes = 50% — dispersed
Multi-Day Persistence
≥2 days1 day(s) elevated — may be one-day event
OI Build
≥5%OI change +5.0% (5d) — building
Sector Relative≥60%
Sector activity percentile 39% — below sector avg
Trade Quality
≥30%Large trade volume 0% — mostly retail
Execution Urgency
≥60%Aggressive execution 38% — patient
Flow Conviction
≥30Conviction -5 (bearish) — mixed
Liquidity
Can I trade efficiently?
3.6
IlliquidLiquid
Evaluates
bid-ask spreads
, volume depth, and open interest for trade execution quality.Risk Checks3/8 checks passed
Tradeable Spread
≤5.0%Spread 10.0% — wide
Adequate OI
≥10,000OI 48,453 — adequate
Active Volume
≥500Volume 857/day — adequate
Reasonable Cost
≤$0.50$0.50 to cross — cheap
Strike Coverage
≥5 strikes0 liquid strikes — limited options
Sector Relative≤40%
Sector spread percentile 64% — wider than sector
Order Book Depth
≥100 contractsDepth 42.5 contracts (bid:22.8 ask:19.7) — thin
Execution Quality
<1.0%Avg slippage 7.03% — poor
Timing
Is now a good time?
7.1
RiskyFavorable
Considers earnings proximity,
time decay
, and event calendar for optimal entry timing.Risk Checks5/9 checks passed
Term Structure Clarity
|slope| ≥5%Slope +71.8% — backwardation
IV Percentile Clarity
<30 or >70IV percentile 63% — neutral
Event Detection
≥10pts kinkIV kink 19.0pts — event priced
Theta/Vega Clarity
<0.5 or >2.0θ/ν ratio 1707.55 — favors income trades
Expiration Distribution
≥3 expirations5 liquid expirations — flexible
Event Risk
≥60% (safe)caution advised: Earnings in 6d (elevated risk)
Spread Momentum
<1.2 ratioSpread ratio 1.00x — stable
Flow Momentum
≥25% strength + ≥50% consistencyFlow -5% @ 52% consistency — unclear
Smart Money Timing
≥40 composite scoreScore 30 (ITM 20% + inst 0%) — retail dominated
Directional Strategy Fit
Option Buyers
Long Calls4.7
bullishIV expensive, mixed flow
Long Puts4.7
bearishIV expensive, mixed flow
Premium Sellers
Cash-Secured Put5.4
bullishIV rich premium, mixed flow
Covered Call5.4
bearishIV rich premium, mixed flow
For educational purposes only. Not investment advice.