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EEM

iShares MSCI Emerging Markets ETFClose $65.88EOD only
Max Pain
$66.00
Next expiry May 29, 2026
Expected Move
±$2.38
3.6% from close
Price Gap
+0.12
Distance to max pain
IV Rank
60
Middle-high premium
P/C OI
1.76
Slightly put-heavy
Consensus
5.0/10
Bearish tilt
Published snapshot: May 22, 2026 close
End-of-day snapshot

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

Published Snapshot
May 22, 2026 close
EEM AI Consensus Report
Analysis based on market close April 9, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from April 9, 2026. A newer ai consensus report is available for May 22, 2026.

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Conviction
6.0

out of 10

Score 6 because positioning and positive GEX create a credible near-term magnet, but conviction is capped by the concentrated put-floor and expiry proximity — both are single-event risks (gamma flip or vol spike/crush) that could invalidate the directional outcome quickly.

Where Perspectives Agree

Market positioning and dealer gamma concentration create a near-term pin in the low $60s — the balance of flow and option positioning favors mean reversion toward the $61–$63 magnet and compresses realized upside movement absent a macro shock.

Where They Diverge

The bullish pin thesis is directly contested by the structural put-floor and a weakening max-pain trend: sizable put-side OI sitting in the $50–$57 band creates a protective floor and a path for rapid deleveraging if spot slips, which would nullify the pin and convert dealer positioning into a forced unwind. Additionally, front-loaded short-dated IV and the proximity of expiry mean a vol collapse or a short-term surge in realized volatility can produce opposite P/L dynamics that undermine defined-risk bullish entries.

Top Trade
via directional

Sell 2026-04-17 $58/$55 put spread for credit (defined-risk bearish-to-neutral income)

Key Risk

A break and sustained close below $50 triggers the dealer gamma flip — dealers move from short- to long-gamma hedges, removing the pin and accelerating downside toward the next liquidity band near $45–$48, which invalidates the bullish mean-reversion thesis.

How to Use These Reports
This ai consensus reflects the market close on April 9, 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.