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AAPL

Apple Inc.Close $308.82EOD only
Max Pain
$300.00
Next expiry May 26, 2026
Expected Move
±$3.54
1.1% from close
Price Gap
-8.82
Distance to max pain
IV Rank
36
Middle-high premium
P/C OI
0.71
Slightly call-heavy
Consensus
8.0/10
Bullish tilt
Published snapshot: May 22, 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
May 22, 2026 close
AAPL AI Consensus Report
Analysis based on market close April 9, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from April 9, 2026. A newer ai consensus report is available for May 22, 2026.

View latest report
Conviction
6.0

out of 10

Score 6 because structural dealer gamma and concentrated call OI meaningfully increase odds of a stable pin into near expiries, but conviction is capped by (1) the spot sitting above multi-expiry max pain (creates asymmetric downside), (2) concentrated near-term expiries that can unwind violently, and (3) a looming event/earnings fragility that can flip positioning quickly.

Where Perspectives Agree

Market positioning and dealer gamma are creating a pinning environment between roughly $255–$265, making a short-premium/defined-risk income stance the consensus — skew and flow favor call-side congestion while downside remains the larger tail risk relative to current spot.

Where They Diverge

Earnings and flow notes imply mixed signals: flow shows institutional call accumulation that supports continued pinning, while the (earnings) event posture warns of a binary move that could vaporize short premium; this creates a direct conflict because the very institutional accumulation that sustains the pin is vulnerable to an earnings-driven repricing that would invalidate short-premium profitability.

Top Trade
via theta

Sell Apr 24 iron-condor: sell 2026-04-24 255/250 put and sell 270/275 call — collect credit (~$1.00 expected)

Key Risk

A break and close below $254.43 (EM lower bound) removes dealer long-gamma support — triggers rapid downside repricing toward $240–$245 and would invalidate the short-premium pin trade.

How to Use These Reports
This ai consensus reflects the market close on April 9, 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.