Home Options AAPLReports

AAPL

Apple Inc.Close $298.01EOD only

Max Pain

$295.00

Next expiry Jun 22, 2026

Expected Move

±$3.78

1.3% from close

Price Gap

-3.01

Distance to max pain

IV Rank

100

High premium

P/C OI

0.73

Slightly call-heavy

Consensus

8.0/10

Bullish tilt

Published snapshot: Jun 18, 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 18, 2026 close

AAPL Flow Report

Analysis based on market close June 18, 2026

Directional Theta Gang Flow Earnings Consensus

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

Flow Verdict

Confidence:

8 / 10

base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 12.5% from MP; +1 VIX 16

Watch next session: Monitor $302.5 call activity; Check for put unwinding

Flow Summary

Net premium: +$234.3M bullish

P/C volume ratio: 0.62

P/C OI ratio: 0.73

Aggressive call buying dominates, net premium +$234M. GEX +$406.9M supports pinning near $300. Low VIX and regime point to upside bias.

Notable Prints

AAPL 2026-06-18 $297.50 Put

Vol: 93,380

OI: 5,562

Vol/OI: 16.8x

IV: 6.0%

Notional: ~$1.1M

Intent: Speculative put buying or hedging near ATM

Dual read: Could be part of a straddle with call

Read-through: Bearish

AAPL 2026-06-24 $290.00 Put

Vol: 12,866

OI: 987

Vol/OI: 13.0x

IV: 19.5%

Notional: ~$720K

Intent: Bearish directional bet

Read-through: Bearish

AAPL 2026-06-18 $297.50 Call

Vol: 105,493

OI: 8,779

Vol/OI: 12.0x

IV: 6.0%

Notional: ~$6.0M

Intent: Large institutional position, possibly hedging

Dual read: Could be part of a reversal trade

Read-through: Neutral

AAPL 2026-06-24 $302.50 Call

Vol: 4,171

OI: 347

Vol/OI: 12.0x

IV: 19.0%

Notional: ~$526K

Intent: Speculative upside call buying

Read-through: Bullish

AAPL 2026-06-22 $302.50 Call

Vol: 11,478

OI: 1,021

Vol/OI: 11.2x

IV: 13.6%

Notional: ~$494K

Intent: Speculative call buying

Read-through: Bullish

Institutional Positioning

Call additions: Heavy call volume at $297.5 and $302.5 for 6/18 expiry, plus later-dated calls at $290-$302.5.

Put additions: Large put volume at $295 and $297.5 for 6/18, likely hedging; also $297.5 puts for 6/22.

GEX/DEX consistency: Yes; GEX +$406M, DEX +147M shares, net premium $234M all align with bullish flow.

OI clusters: Largest OI: $302.5 call (13,061), $295 put (12,596), $297.5 call/put (~8K each).

Hedging evidence: Large put volume at $297.5 and $295 on expiry day with low IV suggests protective hedging or rolling.

Max pain context: Spot above MP; gamma pinning and positive GEX imply pinning near $300-302.5.

Signal vs Noise

~High put volume at $295 on expiry with $0.01 premium is noise (likely closing worthless).

~Large call volume at $297.5 and $302.5 with low IV signals real bullish positioning.

~Positive GEX and net premium confirm institutional accumulation.

~VIX at 16 is normal, not a signal.

Key Conclusions

📈Strong call flow and positive gamma support bullish pinning near $300-302.5.

⚠️Expiry-day put volume at $297.5 may be hedging; watch for unwinding.

📊Net premium $234M and GEX +$406M confirm institutional call buying.

How to Use These Reports

This flow reflects the market close on June 18, 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.