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EEM

iShares MSCI Emerging Markets ETFClose $65.82EOD only
Max Pain
$67.50
Next expiry Jun 12, 2026
Expected Move
±$2.42
3.7% from close
Price Gap
+1.68
Distance to max pain
IV Rank
100
High premium
P/C OI
1.79
Slightly put-heavy
Consensus
6.0/10
Bearish tilt
Published snapshot: Jun 9, 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
Jun 9, 2026 close
EEM Theta Report
Analysis based on market close June 10, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Theta Verdict

Attractiveness6 / 10
Sizing: Conservative
Primary: N/A
Invalidation: Spot breaks below 55
Confidence:
6.5 / 10
base 5; +2 GEX/flow strongly aligned; -0.5 spot 4.2% from MP

IV Environment

IV Regime
Normal
IV vs VIX
Avg IV 49% vs VIX 22%, elevated by 27%, favorable for premium selling.
Favorable?
Yes

Term structure: Term structure downward sloping, with extreme put skew near term (Jun18 put IV 82%), indicating bearish hedging pressure.

📊IV elevated vs VIX; term structure skewed puts.

Pin Risk Assessment

Spot vs MP: Below

GEX regime: Trending ($-22.1M)

Gamma flip: ~$55.00 — Approx — based on put OI concentration of 172,253 (14.9% below spot)

OI concentrations: Put OI heavy $47-$60; call wall $70; max pain $68 (Jun12), $62 (Jun18), $67 (Jun26).

Verdict: Spot $64.67 straddles multiple max pain levels; bearish gamma and high put OI suggest risk of pin near $62.

Premium Opportunities

#1
Call credit spread
Sell 2026-07-10 $71.50/$79.00 call spread
Sells upside calls to capture premium decay as spot is pressured
Credit: $1.16-$1.42
Max loss: $6.08
BE: $72.92
Mgmt: Close if spot nears 65 invalidation Liquidity warning: Liquidity constraints: short_call: Open interest below 25.; long_call: Open interest below 25.
#2
Iron condor
Sell 2026-07-10 $59.00/$55.00 put wing and $73.00/$79.00 call wing
Limits risk between put and call wings around expected range
Credit: $2.33-$2.84
Max loss: $3.16
BE: 56.16 / 75.84
Mgmt: Adjust wings if spot breaches boundaries Liquidity warning: Liquidity constraints: short_put: Wide spread (163%).; long_put: Wide spread (100%).; short_call: Open interest below 25.; long_call: Open interest below 25.

Risk Alerts

!Dealer net negative gamma (-$22M) and negative premium (-$29M) amplify spot moves.
!Put/call volume ratio 1.98 indicates aggressive put buying; bearish flow.
!Spot below Jun12 max pain $68 and gamma flip at 55 increases downside vulnerability.
How to Use These Reports
This theta reflects the market close on June 10, 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.