thetaOwl
HomeOptionsHOODReports

HOOD

Robinhood Markets, Inc.Close $88.33EOD only
Max Pain
$82.00
Next expiry Jun 5, 2026
Expected Move
±$2.97
3.4% from close
Price Gap
-6.33
Distance to max pain
IV Rank
56
Middle-high premium
P/C OI
0.63
Slightly call-heavy
Consensus
8.5/10
Bullish tilt
Published snapshot: Jun 4, 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
Jun 4, 2026 close
HOOD Earnings Report
Analysis based on market close June 4, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

Aggressive call flow, high IV, bullish sentiment. Spot near resistance, pinning risk.

Confidence:
8 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 7.7% from MP; +1 VIX 15
Most important: Concentrated call buying with low put activity indicates strong bullish conviction.
📈Call/Put vol 0.16 – extreme bullish flow
⚠️Spot $88.7 vs MP $82 – pinning risk
📊Historical beat rate 80% – high odds of positive surprise

Regime Classification

Vol Regime
High
Gamma Regime
Pinning
Flow Regime
Bullish
Spot vs MP
Above
Gamma flip: ~$75.00 — Approx — based on put OI concentration of 16,926 (15.1% below spot)

Earnings Overview

Next earnings: 2026-07-29 (55 days)explicit

Expected moves:

  • 2026-06-05 (1d): ±$2.97 (3.4%)
  • 2026-06-12 (8d): ±$7.38 (8.3%)
  • 2026-06-18 (14d): ±$9.75 (11.0%)

IV Setup

Term structure: Downward sloping; near-term IV 54% vs 14d 47%.

Crush estimate: N/A – earnings 55 days out; typical post-event crush ~30-50%.

Skew: Call skew elevated; put/call OI ratio 0.63.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: Beat rate 80%; moves align with surprises.

Directional bias: Bullish bias.

Key Levels

1$75.00 gamma flip
2EM guardrails: 2d $85.36/$91.30; 1w $80.96/$95.71
3Max pain pins: $82 (2026-06-05); $83 (2026-06-12); $78 (2026-06-18)

Flow Highlights

6/12 $91C 9.6x OI, $87C 8.4x OI – bulls target $87-$91.

Aggressive call positioning for upside.

6/5 $90C 48.7k vol, $86C 42.8k vol – short-term speculative push.

Near-term call activity, likely driving spot toward resistance.

Strategies

Bull Call Spread on HOOD
Buy 2026-08-21 $85.00/$95.00 call spread
Debit: $3.78-$4.62
Max loss: $4.62
Max gain: $5.38
BE: $89.62
Trigger: Exit if spot breaches $82 support; consider profit-taking near $95 resistance.
Only eligible candidate; defined-risk upside play aligned with bullish call flow and resistance break.
Outperforms: Buy 2026-08-21 $85/$95 call spread to capture move through $90-95 resistance with max loss capped.
Underperforms: Loss of support weakens upside continuation thesis.

Risk Assessment

!1. IV decay if stock range-bounds.
!2. Spot 8.5% above max pain for 6/5 expiry.
!3. Low put volume limits downside hedge.
!4. Macro risk from VIX 15.

What to Watch

?1. Max pain pin levels $82 (6/5), $83 (6/12).
?2. Resistance $90-$95, support $82.
?3. Call OI wall $95-$120 – gamma squeeze trigger.
?4. GEX flip level ~$75.
How to Use These Reports
This earnings reflects the market close on June 4, 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.