What to look at
Front ATM IV minus next. A gap of 5 or more vol points is inverted. Event premium sits in the front expiry.
IV crush candidate 23.9 pts
Daily
Overlay
- Call and put walls, flip, max pain, and dealer-gamma peak and trough.
- Faint green and red wash behind the candles is net dealer gamma by strike.
Profile
- Green and red fill on the right is open interest through next Friday.
- Grey outline is next Friday alone.
Bottom panel
- Implied move, option IV, realized vol, and IV versus the stock. An earnings week adds a second row: EPS est., the print, surprise, beat or miss, and IV crush when that gap is large.
±2.07
3.79%
45.3%
27.8%
18.7%
+9.2
$1.11
23.9
pts
Greek Exposure
What to look at
Above zero at spot, dealer hedging resists. Below, it chases. A flip near spot is the pin.
Term structure
What to look at
Front versus back. A downward slope is event vol. The dashed line is leftover vol after the event.
Skew
What to look at
Puts richer than calls is the crash bid. Compare the two expiries. Event-dated smiles steepen.
Open Interest
What to look at
Puts below spot are a cushion. Calls above are a lid. Max pain near spot on 0–2 DTE is pin risk.
Trades
| Template | Net | Max profit | Max loss | Profit% | EV |
|---|---|---|---|---|---|
| Long put 55P 11 DTE | -$140 | ~+$202 | $140 | 38% | +$1 |
| Long call 55C 11 DTE | -$104 | ~+$166 | $104 | 32% | +$1 |
| OTM long put (est.) 54P 1 DTE | -$27 | ~+$44 | $27 | 26% | +$0 |
| OTM long call (est.) 56C 1 DTE | -$10 | ~+$251 | $10 | 12% | -$0 |
| Put spread 55P 52P 11 DTE | -$106 | +$194 | $106 | 42% | +$5 |
| Call spread 55C 58C 11 DTE | -$84 | +$216 | $84 | 34% | -$2 |
| Long straddle 55C 55P 11 DTE | -$244 | ~+$62 | $244 | 43% | +$3 |
| Long strangle 52P 58C 11 DTE | -$54 | ~+$266 | $54 | 25% | -$0 |
| Cash-secured put 52P 11 DTE | +$34 | +$34 | $5166 | 83% | +$4 |
| Covered call 55C 11 DTE | -$5354 | +$145 | $5354 | 63% | -$1 |
| Collar 52P 57C 11 DTE | -$5454 | +$246 | $254 | 50% | -$6 |
| Short straddle 55C 55P 11 DTE | +$244 | +$244 | unlimited | 57% | -$3 |
| Short strangle 52P 58C 11 DTE | +$54 | +$54 | unlimited | 75% | +$0 |
| Action | Right | Expiry | Qty | Strike | Mid | Δ |
|---|
What to look at
Compare EV on the same expiry. Click a row to load the calculator. Switch 5m, 30m, or Daily candles on the left of the P/L profile; hover for price and dollars.
snapshot · fresh until