thetaOwl

FXI

iShares China Large-Cap ETFClose $35.29EOD only
Max Pain
$38.00
Next expiry Jun 18, 2026
Expected Move
±$0.94
2.6% from close
Price Gap
+2.71
Distance to max pain
IV Rank
70
High premium
P/C OI
0.84
Slightly call-heavy
Consensus
6.0/10
Range bias
Published snapshot: Jun 12, 2026 close
End-of-day snapshot

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

Published Snapshot
Jun 12, 2026 close
FXI Flow Report
Analysis based on market close June 12, 2026

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

Flow Verdict

BiasBullish
Confirmation: Sustained call activity above $30 and DEX positive
Invalidation: Break below $25 or put volume surge
Confidence:
6 / 10
base 5; -1 GEX/flow contradict; +1 spot 0.8% from MP; +1 VIX 18

Watch next session: Price above $32; Gamma flip above 32

Flow Summary

Net premium: +$1.6M bullish

P/C volume ratio: 1.03

P/C OI ratio: 0.84

Aggressive near-dated call buying fuels net premium positive and bullish DEX. However, negative GEX and mixed flow regime caution against overconfidence. Watch for confirmation above resistance at $32.

Notable Prints

#1
FXI 2026-06-18 $31.00 Call
Vol: 1,545
OI: 184
Vol/OI: 8.4x
IV: 93.9%
Notional: ~$610K
Intent: Bullish speculation

Read-through: Aggressive call buying expecting move above 31.

#2
FXI 2026-06-18 $20.00 Call
Vol: 660
OI: 125
Vol/OI: 5.3x
IV: 187.5%
Notional: ~$996K
Intent: Synthetic long stock
Dual read: Possible covered call write

Read-through: Leveraged bullish position via deep ITM calls.

#3
FXI 2026-06-18 $30.00 Call
Vol: 1,320
OI: 460
Vol/OI: 2.9x
IV: 184.0%
Notional: ~$672K
Intent: Bullish speculation

Read-through: Call buying expecting upside above 30.

#4
FXI 2026-06-18 $29.00 Call
Vol: 660
OI: 252
Vol/OI: 2.6x
IV: 74.2%
Notional: ~$402K
Intent: Bullish speculation

Read-through: Similar call buying for near-term rally.

#5
FXI 2026-07-17 $41.00 Put
Vol: 4,064
OI: 1,616
Vol/OI: 2.5x
IV: 106.1%
Notional: ~$2.6M
Intent: Bearish speculation or hedge
Dual read: Could be put selling for premium

Read-through: Large put buying for anticipated decline or protective hedge.

Institutional Positioning

Call additions: Unusual calls at 20-31 strikes, high vol/OI ratios

Put additions: Unusual put at 41 strike, 4064 vol

GEX/DEX consistency: GEX negative, DEX positive; mixed signals

OI clusters: Put OI cluster ~9.3% below spot; call OI scattered

Hedging evidence: Put at 41 suggests downside hedge

Max pain context: Spot near max pain per regime; pinning likely

Signal vs Noise

~Unusual call volume in weekly expirations is signal
~Low put/call OI ratio (0.84) is noise given mixed flow

Key Conclusions

📞Mixed call flow with hedging, cautious bullish
🛡️Put at 41 strike may hedge downside
How to Use These Reports
This flow reflects the market close on June 12, 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.