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AAPL

Apple Inc.Close $263.40EOD only
Max Pain
$257.50
Next expiry Apr 17, 2026
Expected Move
±$2.84
1.1% from close
Price Gap
-5.90
Distance to max pain
IV Rank
100
High premium
P/C OI
0.71
Slightly call-heavy
Consensus
6.0/10
Consensus signal
Published snapshot: Apr 16, 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
Apr 16, 2026 close
AAPL AI Consensus Report
Analysis based on market close April 15, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
6.0

out of 10

Score 6 because positioning, GEX concentration, and flow alignment favor the pin and create predictable dealer-driven behavior, but near-term expiration flow and a binary earnings event in ~15 days present a substantial single-point failure mode that lowers conviction — strong structural support exists, but event risk prevents a higher score.

Where Perspectives Agree

Market positioning and dealer gamma create a short-gamma pin into the $270–$280 magnet: collective signals point to limited near-term downside and a bias for reversion toward that band, with dealers' hedging amplifying any decisive move.

Where They Diverge

Earnings-term dynamics and near-dated expiries directly contradict each other: the pin/short-gamma setup supports consolidation into late April, while the earnings calendar and associated IV term-structure make a strong post-event repricing (IV spike and/or rapid IV collapse) likely, which could invalidate the pin; this is a direct tactical conflict where the event can overturn the positioning. Additionally, some flow signals (institutional accumulation) support continuation but would be undermined if earnings trigger a large directional unwind.

Top Trade
via theta

Sell 2026-04-17 $262.50/$260.00 put spread for ~ $0.35 credit (theta play)

Key Risk

A break and close below $255 on increasing volume (trigger: price breach of $255 with sustained flow) flips dealer positioning from pinning to directional selling — removes gamma support and accelerates downside toward the $248 gap/support area, invalidating the consolidation thesis.

Read the AI Analyst Consensus for AAPL for 2026-04-15. This synthesis report combines directional, theta, flow, and earnings perspectives into one conviction view with setup, trigger, and invalidation context.