thetaOwl

AAPL

Apple Inc.Close $302.25EOD only
Max Pain
$292.50
Next expiry May 22, 2026
Expected Move
±$4.44
1.5% from close
Price Gap
-9.75
Distance to max pain
IV Rank
22
Low premium
P/C OI
0.70
Slightly call-heavy
Consensus
8.0/10
Bullish tilt
Published snapshot: May 20, 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 20, 2026 close
AAPL AI Consensus Report
Analysis based on market close May 15, 2026

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

You are viewing an older report from May 15, 2026. A newer ai consensus report is available for May 20, 2026.

View latest report
Conviction
7.5

out of 10

7.5 not 8.0 because spot is 7% above max pain ($280) and resistance at $310 may cap upside; but strong flow and gamma support maintain high conviction.

Where Perspectives Agree

Bullish pin near $300-$305 with dealer long gamma, strong flow, and rich theta premium for defined-risk income.

Where They Diverge

Directional sees resistance at $310 (upper guardrail) conflicting with flow's bullish accumulation, while earnings perspective notes low IV with no catalyst, undermining upside continuation.

Top Trade
via theta

Sell 2026-06-05 $290/$280 put spread for $2.00 credit — defined risk, profits from pin, expires pre-earnings.

Key Risk

Break below $280 invalidates pinning thesis and opens door to mean reversion toward max pain ($280) and further to $240 gamma flip zone.

How to Use These Reports
This ai consensus reflects the market close on May 15, 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.