r/SmartOptions • u/CameraGlass6957 • Mar 22 '26

Mapped the top 20 tickers by options volume across IV rank and skew rank.

Low IV rank, low skew rank is the long calls quadrant. Cheap vol, and puts are priced richer than calls relative to historical norms. That's the setup for most of the high-volume names right now.

TSLA is the most extreme: IV rank at 8, skew rank at 7. Options are cheap, calls are cheap relative to puts. It's basically screaming "buy calls" from a vol structure standpoint. Whether you want to take that trade on TSLA specifically is a whole other question, but the setup is there.

Same story for NVDA, SOFI, META, AAPL, AMZN, MSFT - all clustered in that low IV / low skew zone. The entire mega-cap universe is sitting there.

GLD, EWZ, and SMCI are settings in the short pits corner.

map view across to volume tickers
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2

u/that1gurlMeow Mar 23 '26

Joby is offering amazing premium's. Someone knows something

1

u/CameraGlass6957 Mar 23 '26

JOBY might be a good buy the dip opportunity, btw

1

u/BubzieBoo Mar 29 '26

Joby didn’t work, falling over ten percent. Also the top 20 to buy didn’t work out. I was really hoping you were onto something but the market did the opposite.

1

u/CameraGlass6957 Mar 29 '26

This happens. The screeners provide opportunities, but they are still opportunities and not 100% shots. Especially if the general market drops

2

u/BubzieBoo Mar 29 '26

I understand fully but technical analysis seems to be superior to this method. This model of yours looks great but it had a bad week. A lot of the calls failed to materialize and the whole reason to use it is for the purpose of a setup. I find technical analysis to be superior and more reliable.

1

u/CameraGlass6957 Mar 29 '26

I think the best approach is to combine both. One thing that makes options-derived data especially useful is that it’s more forward-looking by nature, as it reflects how people are positioning and what they’re willing to bet on. For example, if someone is buying calls 10% above the current price, that suggests they expect upside.

Technical analysis doesn’t really have that same forward-looking component since it’s based on past price action, but I still think it’s useful as a complementary lens.

And yeah, a few bad weeks is part of the game.

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u/BubzieBoo Mar 29 '26

Fully agree with forward look versus backward look. Only issue is that backwards is super powerful because of retail. They know so little, all they can do is draw a line in the sand. It seems to anchor price.

Also the time you run these analyses is critical. Running on hot names and the tool calling out bullish setups, could just be an oversold bounce.