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ASML

ASML Holding N.V. - New York ReClose $1863.55EOD only
Max Pain
$1500.00
Next expiry Jun 18, 2026
Expected Move
±$103.60
5.6% from close
Price Gap
-363.55
Distance to max pain
IV Rank
100
High premium
P/C OI
1.41
Slightly put-heavy
Consensus
6.0/10
Bullish tilt
Published snapshot: Jun 12, 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
Jun 12, 2026 close
ASML Theta Report
Analysis based on market close June 15, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Theta Verdict

Attractiveness8 / 10
Sizing: Aggressive
Primary: N/A
Invalidation: Spot breaks below gamma flip at 1400 or above resistance 2081
Confidence:
4 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 24.5% from MP; +1 VIX 16

IV Environment

IV Regime
High
IV vs VIX
Avg IV 66% far above VIX 16, extremely rich
Favorable?
Yes

Term structure: Flat with front-month extreme put skew (188 vs call 110)

📈Pinning regime and high IV favor premium selling
⚠️Front-month put skew extreme, watch for event risk

Pin Risk Assessment

Spot vs MP: Above

GEX regime: Pinning ($+5.3M)

Gamma flip: ~$1400.00 — Approx — based on put OI concentration of 3,315 (26.0% below spot)

OI concentrations: Call wall $2200-$2300, put floor $1150-$1700, max pain pins $1520

Verdict: Elevated pin risk: high put OI below spot and dealer long gamma ($+5.3M) support pinning

Premium Opportunities

#1
Put credit spread
Sell 2026-06-18 $1705.00/$1685.00 put spread
Sell put spread above 1705 to capture high premium from elevated volatility.
Credit: $0.58-$0.71
Max loss: $19.29
BE: $1704.29
Mgmt: Close if spot approaches 1705 or IV contracts. Liquidity warning: Liquidity constraints: short_put: Wide spread (55%).; long_put: Wide spread (76%).
#2
Iron condor
Sell 2026-06-18 $1705.00/$1685.00 put wing and $2080.00/$2100.00 call wing
Sell iron condor wide wings to profit from theta and IV contraction.
Credit: $1.44-$1.76
Max loss: $18.24
BE: 1703.24 / 2081.76
Mgmt: Manage if spot breaks 1705-2080 or before earnings. Liquidity warning: Liquidity constraints: short_put: Wide spread (55%).; long_put: Wide spread (76%).

Risk Alerts

!Expiry in 3 days (2026-06-18) with extreme skew
!Spot 24.5% from max pain $1520
!High IV may contract post-event
How to Use These Reports
This theta 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.