thetaOwl

FXI

iShares China Large-Cap ETFClose $36.24EOD only
Max Pain
$37.00
Next expiry May 22, 2026
Expected Move
±$0.58
1.6% from close
Price Gap
+0.76
Distance to max pain
IV Rank
26
Middle-high premium
P/C OI
0.89
Slightly call-heavy
Consensus
4.0/10
Bullish tilt
Published snapshot: May 20, 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
May 20, 2026 close
FXI AI Consensus Report
Analysis based on market close May 15, 2026

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

You are viewing an older report from May 15, 2026. A newer ai consensus report is available for May 20, 2026.

View latest report
Conviction
8.0

out of 10

8 not 9 because while signals align strongly, a sudden positive China policy catalyst could reverse the bearish flow, and the gamma flip at $32 introduces acceleration risk that lowers certainty.

Where Perspectives Agree

All three personas converge on a bearish thesis for FXI: negative dealer gamma, heavy put flow, and spot below max pain reinforce downside to $32.

Where They Diverge

No significant conflicts; all personas align on bearish direction and defined-risk structures.

Top Trade
via theta

Sell 2026-06-05 $35.00/$33.50 put spread for $0.75 credit — defined risk, profits from downside but stops at gamma flip.

Key Risk

Break below $32 flips dealer gamma long and invalidates bearish positioning, accelerating downside to $30 support.

How to Use These Reports
This ai consensus reflects the market close on May 15, 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.