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DIA

SPDR Dow Jones Industrial Average ETFClose $511.10EOD only
Max Pain
$515.00
Next expiry Oct 9, 2026
Expected Move
±$6.49
1.3% from close
Price Gap
+3.90
Distance to max pain
IV Rank
0
Low premium
P/C OI
1.13
Slightly put-heavy
Consensus
7.0/10
Bullish tilt
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

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

Published Snapshot
Oct 2, 2026 close
DIA AI Consensus Report
Analysis based on market close June 26, 2026
DirectionalTheta GangFlowEarningsConsensus

Consensus-supported lens with chain history and key metrics in the rail.

Conviction
7.0

out of 10

7 not 8 because heavy put flow dampens upside conviction despite strong GEX support; a break below $506 would invalidate pin thesis and flip conviction to 3.

Where Perspectives Agree

Bullish pin near $517 max pain with potential upside to $526, reinforced by dealer gamma pinning and positive GEX, but capped by heavy institutional put hedging.

Where They Diverge

Flow's heavy put volume near spot implies downside protection that caps upside, conflicting with directional's bullish call spread targeting above $526.

Top Trade
via theta

Sell 2026-07-17 $515/$510 put spread and $520/$525 call spread (iron condor) for net credit ~$1.20.

Key Risk

Break below $506.27 support triggers dealer gamma flip and accelerates downside to $500, invalidating the pin thesis and all bullish/neutral trades.

How to Use These Reports
This ai consensus reflects the market close on June 26, 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.