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AAPL

Apple Inc.Close $290.55EOD only
Max Pain
$305.00
Next expiry Jun 10, 2026
Expected Move
±$4.02
1.4% from close
Price Gap
+14.45
Distance to max pain
IV Rank
46
Middle-high premium
P/C OI
0.71
Slightly call-heavy
Consensus
8.5/10
Bullish tilt
Published snapshot: Jun 9, 2026 close
End-of-day snapshot

This page reflects AAPL options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jun 9, 2026 close
AAPL Earnings Report
Analysis based on market close June 10, 2026
DirectionalTheta GangFlowEarningsConsensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Earnings Verdict

Bullish earnings setup: 100% beat rate, strong call flow, max pain $295. Next earnings July 30.

Confidence:
8.5 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +0.5 spot 1.2% from MP
Most important: Call flow dominance and historical beats support upside despite macro selloff.
📈Call volume ratio 0.67 indicates strong bullish flow.
🎯Max pain $295 pinning action expected.
📊100% beat rate over 5 quarters supports continued upside.

Regime Classification

Vol Regime
Normal
Gamma Regime
Pinning
Flow Regime
Bullish
Spot vs MP
Below
Gamma flip: ~$240.00 — Approx — based on put OI concentration of 59,688 (17.7% below spot)

Earnings Overview

Next earnings: 2026-07-30 (50 days)explicit

Expected moves:

  • 2026-06-12 (2d): ±$5.80 (2.0%)
  • 2026-06-15 (5d): ±$7.28 (2.5%)
  • 2026-06-17 (7d): ±$8.95 (3.1%)

IV Setup

Term structure: Slight contango; near-term IV elevated (0DTE >30%), Jul 24 call IV 27.1%.

Crush estimate: Pre-earnings IV ~27%; typical crush 30-50% post-event.

Skew: Call skew elevated; unusual call volume at 290 and 295 strikes.

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: N/A (only beat rate available: 100%).

Directional bias: Bullish: consistent beats and call flow.

Key Levels

1$240.00 gamma flip
2EM guardrails: 2d $285.78/$297.38; 1w $284.30/$298.85
3Max pain pins: $295 (2026-06-10); $295 (2026-06-12); $295 (2026-06-15)

Flow Highlights

Unusual call buying: Jun 15 $290 call (26.2x vol/OI) and Jul 24 $300 call (15.4x vol/OI).

Positioning for near-term and pre-earnings upside.

Strategies

Earnings Straddle on AAPL
Buy 2026-08-21 $300.00 put + buy $300.00 call
Debit: $25.83-$31.57
Max loss: $31.57
Max gain: Unlimited
BE: 268.43 / 331.57
Trigger: Exit before earnings to avoid crush; set stop-loss at 1.5x premium paid.
Only viable candidate; straddle captures expected volatility given 100% beat rate and elevated IV.
Outperforms: Non-directional play on earnings volatility expansion; bought put and call at $300 strike.
Underperforms: Under-realized move and IV crush hurt long-vol thesis.

Risk Assessment

!Macro selloff: SPY -1.58%, QQQ -2.0%, VIX 22.2.
!Gamma flip risk at $240 if spot declines.
!Call OI wall $310-$350 may cap rallies.

What to Watch

?Support $280.8, resistance $295 (max pain) and $300.
?Macro catalysts and VIX direction.
?Continuation of unusual call flow.
How to Use These Reports
This earnings reflects the market close on June 10, 2026.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.