F
Ford Motor CompanyClose $13.06EOD onlyThis page reflects F options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Historical consensus-supported lens with full content, report chain context, and metric rail.
Flow Verdict
Watch next session: $11.50 PUT OI buildup for 4/10; Any call buying to defend $12.00 level
Flow Summary
Net premium: +$2.9M (mixed, skewed by deep OTM calls)
P/C volume ratio: 1.09 — slight put lean
P/C OI ratio: 1.14 — moderate put lean
Notable Prints
Read-through: High IV (44%) and massive volume/OI spike suggests new bearish bets. The $13 strike is well above spot, targeting a move lower or hedging a long position against a decline.
Read-through: Expires just before earnings (4/29). This is a near-the-money put (spot $11.54) with significant volume. Likely a hedge against a pre-earnings drop or a bet on continued weakness toward the $11.50 max pain level for that week.
Read-through: Massive notional premium but 0% IV indicates these are deep, deep OTM calls bought for pennies. This is speculative, low-probability bullish betting, not a near-term directional signal. Distorts net premium metric.
Read-through: Another put strike with elevated volume on the 5/8 expiry, reinforcing the bearish flow in that monthly cycle. Targets a break below the key $11.50 level.
Institutional Positioning
Call additions: Deep OTM $4.82-$5.00 calls in Dec'26/Jan'27 (speculative, low IV). Minimal near-term call buying.
Put additions: $11.50-$13.00 puts across Apr'26 and May'26 expiries. Meaningful premium spent.
GEX/DEX consistency: Yes — Negative GEX (-$38.2M) aligns with put-heavy, bearish flow. Market is in a 'trending' gamma regime, favoring continuation of the current move (spot below max pain).
OI clusters: Major PUT walls at $7.67-$8.00 (70k+ OI) and $10.00 (53k+ OI). Major CALL wall at $14.85 (53k OI). Current spot ($11.54) sits between the $10 put wall and $14.85 call wall.
Hedging evidence: Yes. The concentrated put OI at $7.67-$8.00 (70k+ contracts) is a massive, long-dated protective position. Combined with near-term put buying, suggests institutional books are defensively positioned.
Max pain context: Spot ($11.54) is below nearest max pain ($12.00 for 3/27). The overall max pain trend is falling ($12 → $10), indicating put-heavy positioning is increasing over time, pressuring spot lower.
Signal vs Noise
Key Conclusions
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.
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