Home Options AAPLReports

AAPL

Apple Inc.Close $283.78EOD only

Max Pain

$280.00

Next expiry Jun 29, 2026

Expected Move

±$4.81

1.7% from close

Price Gap

-3.78

Distance to max pain

IV Rank

Low premium

P/C OI

0.67

Slightly call-heavy

Consensus

8.5/10

Bullish tilt

Published snapshot: Jun 26, 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 26, 2026 close

AAPL Theta Report

Analysis based on market close June 29, 2026

Directional Theta Gang Flow Earnings Consensus

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

Theta Verdict

Confidence:

9 / 10

base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 spot 0.6% from MP; +1 VIX 18

IV Environment

IV Regime

Normal

IV vs VIX

Elevated (32.4% vs VIX 17.6)

Favorable?

Yes

Term structure: Short-dated put skew extreme; term structure upward sloping

📊IV elevated vs VIX, put skew 0 DTE extreme

📌Max pain pins $280-$282, pinning risk high

💰Dealer long gamma $193.7M supports stability

Pin Risk Assessment

Spot vs MP: At

GEX regime: Pinning ($+193.7M)

Gamma flip: ~$240.00 — Approx — based on put OI concentration of 59,425 (14.8% below spot)

OI concentrations: Put OI at $240 (14.8% below spot); call wall $300-$350

Verdict: High pinning risk near expiration with max pain clusters

Premium Opportunities

Iron condor

Sell 2026-07-31 $270.00/$265.00 put wing and $295.00/$305.00 call wing

Sell put spread at $270/$265 and call spread at $295/$305; profit if AAPL stays between $270-$295 by expiry.

Credit: $3.22-$3.94

Max loss: $6.06

BE: 266.06 / 298.94

Mgmt: Close at 50% max gain or if AAPL breaches $270 or $295; adjust wings if volatility spikes.

Put credit spread

Sell 2026-07-31 $265.00/$250.00 put spread

Sell $265/$250 put spread, profiting if AAPL stays above $265; max gain $2.24.

Credit: $1.84-$2.24

Max loss: $12.76

BE: $262.76

Mgmt: Exit if AAPL breaks below $280; consider rolling if test of $265 before expiry.

Risk Alerts

!Extreme put skew on 0 DTE

!Max pain pins $280-$282

!Gamma flip approx $240

How to Use These Reports

This theta reflects the market close on June 29, 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.