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ASML

ASML Holding N.V. - New York ReClose $1651.44EOD only
Max Pain
$1680.00
Next expiry Jul 31, 2026
Expected Move
±$49.80
3.0% from close
Price Gap
+28.56
Distance to max pain
IV Rank
19
Low premium
P/C OI
1.27
Slightly put-heavy
Consensus
5.0/10
Bearish tilt
Published snapshot: Jul 30, 2026 close
End-of-day snapshot

This page reflects ASML options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jul 30, 2026 close
ASML Flow Report
Analysis based on market close June 15, 2026
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You are viewing an older report from June 15, 2026. A newer flow report is available for June 29, 2026.

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Flow Verdict

BiasMixed
Confirmation: Price consolidates near gamma flip (1400) with sustained put volume and high VIX
Invalidation: Price breaks above recent highs with net call premium increase and falling VIX
Confidence:
8 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 24.5% from MP; +1 VIX 16

Watch next session: Put OI at 1750 and 1730; Gamma flip 1400; Net premium direction

Flow Summary

Net premium: +$162.2M bullish

P/C volume ratio: 1.26

P/C OI ratio: 1.31

ASML has net put premium $162M and high put/call ratios, but dealers are long gamma (pinning) and market rallied. Unusual put prints suggest near-term bearish bets. High confidence base aligns GEX/flow, but spot 26% above gamma flip. Mixed bias: pinning vs bearish flow.

Notable Prints

#1
ASML 2026-06-18 $1750.00 Put
Vol: 261
OI: 146
Vol/OI: 1.8x
IV: 59.7%
Notional: ~$148K
Intent: Bearish hedge or speculation
Dual read: Possible put selling if high IV

Read-through: Institutional hedging despite high vol

#2
ASML 2026-06-18 $1730.00 Put
Vol: 245
OI: 162
Vol/OI: 1.5x
IV: 60.9%
Notional: ~$105K
Intent: Downside protection
Dual read: Could be part of spread

Read-through: Adds to bearish tilt

Institutional Positioning

Call additions: Net premium positive ($162M) suggests call buying, but put/call volume ratio >1 indicates mixed.

Put additions: Unusual put prints at $1750 and $1730 (vol/oi >1.5) signal new hedging.

GEX/DEX consistency: GEX +5.3M, DEX +5.5M shares; positive gamma aligns with pinning but flow mixed.

OI clusters: Large put OI concentration ~26% below spot (likely $1730-$1750); gamma flip at $1400.

Hedging evidence: Put additions and high put OI ratio (1.31) indicate downside protection.

Max pain context: Spot above MP; positive GEX supports pinning, but put skew suggests resistance.

Signal vs Noise

~Unusual put prints ($1750/$1730) are real hedging flow, not noise.
~Net premium positive despite put dominance reflects large call notional—watch for unwinding.

Key Conclusions

🛡️Institutions adding put hedges near $1750; mixed flow with bullish GEX/DEX.
How to Use These Reports
This flow reflects the market close on June 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.