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 32.6 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.
±6.58
4.25%
101.7%
61.3%
59.3%
+2.0
$0.32
$0.32
+8.09%
Beat
32.6
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 155P 8 DTE | -$675 | ~+$1020 | $675 | 36% | -$0 |
| Long call 155C 8 DTE | -$678 | ~+$1023 | $678 | 33% | -$0 |
| OTM long put 148P 1 DTE | -$108 | ~+$19 | $108 | 16% | -$22 |
| OTM long call 162.5C 1 DTE | -$66 | ~+$7 | $66 | 16% | +$21 |
| Put spread 155P 135P 8 DTE | -$534 | +$1466 | $534 | 39% | +$63 |
| Call spread 155C 172.5C 8 DTE | -$560 | +$1190 | $560 | 35% | -$39 |
| Long straddle 155C 155P 8 DTE | -$1352 | ~+$345 | $1352 | 42% | -$0 |
| Long strangle 135P 172.5C 8 DTE | -$258 | ~+$1771 | $258 | 20% | -$24 |
| Cash-secured put 135P 8 DTE | +$141 | +$141 | $13359 | 90% | +$63 |
| Covered call 155C 8 DTE | -$14822 | +$678 | $14822 | 64% | +$0 |
| Collar 147P 162.5C 8 DTE | -$15524 | +$726 | $824 | 47% | -$73 |
| Short straddle 155C 155P 8 DTE | +$1352 | +$1352 | unlimited | 58% | +$0 |
| Short strangle 135P 172.5C 8 DTE | +$258 | +$258 | unlimited | 80% | +$24 |
| 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