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 33.4 pts
OI anomaly
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, IV versus the stock, and EPS when the earnings week sidecar has it.
±9.45
4.79%
57.3%
31.0%
14.0%
+17.0
$1.35
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 197.5P 11 DTE | -$535 | ~+$809 | $535 | 35% | -$1 |
| Long call 197.5C 11 DTE | -$545 | ~+$819 | $545 | 34% | -$1 |
| OTM long put (est.) 192.5P 1 DTE | -$73 | ~+$77 | $73 | 19% | +$3 |
| OTM long call (est.) 200C 1 DTE | -$99 | ~+$182 | $99 | 24% | +$15 |
| Put spread 197.5P 190P 11 DTE | -$287 | +$462 | $287 | 43% | +$13 |
| Call spread 197.5C 200C 11 DTE | -$130 | +$120 | $130 | 45% | -$17 |
| Long straddle 197.5C 197.5P 11 DTE | -$1080 | ~+$276 | $1080 | 42% | -$1 |
| Long strangle 190P 200C 11 DTE | -$662 | ~+$732 | $662 | 39% | +$2 |
| Cash-secured put 190P 11 DTE | +$248 | +$248 | $18752 | 77% | +$14 |
| Covered call 197.5C 11 DTE | -$19143 | +$607 | $19143 | 67% | +$1 |
| Collar 190P 207.5C 11 DTE | -$19748 | +$1002 | $748 | 49% | -$19 |
| Short straddle 197.5C 197.5P 11 DTE | +$1080 | +$1080 | unlimited | 58% | +$1 |
| Short strangle 190P 200C 11 DTE | +$662 | +$662 | unlimited | 61% | -$2 |
| 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