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DIA

SPDR Dow Jones Industrial Average ETFClose $521.44EOD only
Max Pain
$495.00
Next expiry Jun 18, 2026
Expected Move
±$5.40
1.0% from close
Price Gap
-26.44
Distance to max pain
IV Rank
100
High premium
P/C OI
1.88
Slightly put-heavy
Consensus
7.0/10
Bullish tilt
Published snapshot: Jun 16, 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
Jun 16, 2026 close
DIA AI Consensus Report
Analysis based on market close June 17, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
7.5

out of 10

All three personas give confidence 8/10, but the hedging signals from theta and flow suggest lower conviction than 8, hence 7.5.

Where Perspectives Agree

Bullish pin between $514 and $522 with dealer gamma support, theta decay opportunity, and net institutional buying.

Where They Diverge

Near-term put IV above 80% and heavy put volume at 522/523 signal hedging that could cap upside, but this doesn't directly contradict the bullish pin thesis.

Top Trade
via theta

Sell 2026-07-24 $510/$508 put spread for $0.65 credit

Key Risk

Break below $500 or above $521.72; below $500 flips dealer gamma long and accelerates to $495 support; above $521.72 ends pin and triggers short gamma squeeze to $525.

How to Use These Reports
This ai consensus reflects the market close on June 17, 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.