Trading Activity: Track the number of trades, volume, and notional value to gauge the liquidity and interest in the contract.
Price Analysis: View the VWAP price, high, low, and last price to understand the price action and range.
Implied Volatility: Analyze the VWAV, high, low, and last implied volatility to assess the relative value of the option and identify potential opportunities.
Mark-to-Market Comparison: Compare the current bid/ask IV and prices with the previous day's close to understand how the market is valuing the option.
Benefits:
Informed Decision Making: Gain a deeper understanding of option contract activity and valuation.
Identify Opportunities: Spot potential trading opportunities based on implied volatility and price trends.
Risk Management: Assess the liquidity and risk associated with specific option contracts.
