thetaOwl
HomeOptionsAAPLReports

AAPL

Apple Inc.Close $311.23EOD only
Max Pain
$305.00
Next expiry Jun 5, 2026
Expected Move
±$3.17
1.0% from close
Price Gap
-6.23
Distance to max pain
IV Rank
38
Middle-high premium
P/C OI
0.70
Slightly call-heavy
Consensus
8.5/10
Bullish tilt
Published snapshot: Jun 4, 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 4, 2026 close
AAPL AI Consensus Report
Analysis based on market close April 20, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from April 20, 2026. A newer ai consensus report is available for June 4, 2026.

View latest report
Conviction
6.5

out of 10

6.5 because positioning and dealer gamma support a controlled pin higher, but conviction is limited by event/earnings risk and the single large-flow reversal scenario that would rapidly negate the thesis.

Where Perspectives Agree

Bullish pin toward the $265–$275 band — dealer gamma and net bullish flow are collectively biasing AAPL higher into the next 1–2 week resistance zone.

Where They Diverge

Earnings/event timing and any sudden vol reprice could directly reverse the pinning dynamic; likewise a rapid institutional sell program (flow) would flip dealer hedges and invalidate the near-term upside — these are mutually exclusive end states (continuation vs. binary reversal).

Top Trade
via theta

Sell May 15 $260/$245 put spread for ~ $0.75 credit (defined-risk bullish income).

Key Risk

A decisive break and close below $260 on elevated selling (institutional flow or market shock) that forces dealer delta rebalancing — consequence: gamma flip and quick extension toward $250 support, invalidating the pin thesis.

How to Use These Reports
This ai consensus reflects the market close on April 20, 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.