options-flow-analyzer

Options Flow Analyzer

Analyze options chain data with real vs lottery call separation — the key insight that prevents P/C ratio misinterpretation. Uses Polygon.io API.

When to Use

• Use when raw put/call ratios appear bullish or bearish but may be distorted by cheap deep OTM contracts.
• Use when comparing options flow across watchlists, holdings, sectors, or event-driven names.
• Use when you need to separate institutional hedging from speculative lottery-ticket activity.
• Use when tracking options anomalies against a recent baseline.

What it does

Standard P/C ratio analysis is misleading. A P/C of 0.35 looks "extremely bullish" but may be 84% lottery calls ($0.01-$0.09 OTM options).

This skill separates:

• Real calls: Strike price within 5% of stock price, meaningful premium
• Lottery calls: Deep OTM, cheap premium, speculative bets
• Real puts: Actual hedging activity
• Lottery puts: Cheap downside bets

Analysis Output

For each ticker:

• Real P/C ratio (excludes lottery noise)
• Lottery percentage (what % of volume is speculation)
• Per-expiry breakdown (weekly vs monthly vs LEAPS)
• Anomaly detection: P/C shifts >0.3, Call OI surges >30%, IV spikes >20%
• Sentiment classification: Bullish/Bearish/Neutral with confidence

Example Output

Options Flow Summary — 2026-05-13

HOLDINGS:
CEG  $299.69 | Raw P/C: 1.06 | Lottery: 61% | Adj P