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HOOD

Robinhood Markets, Inc.Close $76.75EOD only
Max Pain
$78.00
Next expiry May 15, 2026
Expected Move
±$3.31
4.3% from close
Price Gap
+1.25
Distance to max pain
IV Rank
41
Middle-high premium
P/C OI
0.70
Slightly call-heavy
Consensus
7.0/10
Bullish tilt
Published snapshot: May 13, 2026 close
End-of-day snapshot

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

Published Snapshot
May 13, 2026 close
HOOD Earnings Report
Analysis based on market close May 13, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

HOOD earnings 77d out; high near-term IV, mixed flow, 80% beat rate. Key support $75, resistance $78.

Confidence:
6.5 / 10
base 5; -1 GEX/flow contradict; +1 GEX positive (pinning); +0.5 spot 1.6% from MP; +1 VIX 18
Most important: Front-loaded IV and $78 call OI wall are pivotal.
🚨Unusual $71 put buying signals downside concern
📈Large $78 call buying targets resistance
📊Inverted IV term structure; front-end premium high

Regime Classification

Vol Regime
High
Gamma Regime
Pinning
Flow Regime
Mixed
Spot vs MP
Below
Gamma flip: ~$70.00 — Approx — based on put OI concentration of 18,480 (8.8% below spot)

Earnings Overview

Next earnings: 2026-07-29 (77 days)explicit

Expected moves:

  • 2026-05-15 (2d): ±$3.31 (4.3%)
  • 2026-05-22 (9d): ±$5.98 (7.8%)
  • 2026-05-29 (16d): ±$7.60 (9.9%)

IV Setup

Term structure: Downward sloping; front ~60% IV, back ~47%.

Crush estimate: Post-earnings crush ~20-30%.

Skew: Call-skewed; put/call vol 0.59, OI 0.70.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: Not available; 80% beat rate suggests favorable moves.

Directional bias: Slightly bullish historically.

Key Levels

1$70.00 gamma flip
2EM guardrails: 2d $73.44/$80.06; 1w $70.77/$82.73
3Max pain pins: $78 (2026-05-15); $78 (2026-05-22); $76 (2026-05-29)

Flow Highlights

Unusual put vol on $71 (9506 vs 2162 OI)

Bearish hedge or speculation; potential gamma pressure.

Unusual call vol on $78 (5750 vs 1339 OI)

Bullish bet; resistance test anticipated.

Strategies

Iron Condor
Sell 2026-06-12 $75.00/$70.00 put wing and $78.00/$80.00 call wing
Credit: $2.34-$2.86
Max loss: $2.14
Max gain: $2.86
BE: 72.14 / 80.86
Trigger: Close at 50% max gain or adjust on breach.
Defined risk; term structure favors short premium; strikes at support/resistance.
Outperforms: Sell put and call spreads to profit from IV crush.
Underperforms: Move outside short strikes invalidates range thesis.
Short Strangle
Sell 2026-06-12 $70.00 put + sell $80.00 call
Credit: $5.83-$7.12
Max loss: Unlimited
Max gain: $7.12
BE: 62.88 / 87.12
Trigger: Monitor gamma, widen or roll on approach.
Higher credit but unlimited risk; suitable for high IV crush.
Outperforms: Sell naked $70 put and $80 call for premium decay.
Underperforms: Break outside short strikes invalidates short-vol thesis.

Risk Assessment

!Gamma flip near $70 (put OI)
!Resistance $78-$82 (call OI wall)
!High IV may compress, catching traders offside.

What to Watch

?Support $75, resistance $78
?Unusual put/call volume persistence
?EM guardrails $73.44/$80.06
How to Use These Reports
This earnings reflects the market close on May 13, 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.