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HOOD

Robinhood Markets, Inc.Close $83.77EOD only
Max Pain
$83.00
Next expiry Jun 12, 2026
Expected Move
±$5.20
6.2% from close
Price Gap
-0.77
Distance to max pain
IV Rank
63
High premium
P/C OI
0.65
Slightly call-heavy
Consensus
9.0/10
Bullish tilt
Published snapshot: Jun 9, 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 9, 2026 close
HOOD Earnings Report
Analysis based on market close June 9, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

Bullish flow and GEX pinning support near-term upside, but 50-day wait to earnings adds uncertainty.

Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 spot 0.9% from MP; +0.5 VIX 20
Most important: Aggressive call buying at $90 and $92 strikes for 6/12 expiry suggests momentum expected to continue through week.
🐂Call buying at $90/$92 for 6/12 shows momentum bets.
⚠️Gamma flip at 70%: put-heavy OI could cause pin near $80-83.

Regime Classification

Vol Regime
High
Gamma Regime
Pinning
Flow Regime
Bullish
Spot vs MP
At
Gamma flip: ~$70.00 — Approx — based on put OI concentration of 15,934 (16.4% below spot)

Earnings Overview

Next earnings: 2026-07-29 (50 days)explicit

Expected moves:

  • 2026-06-12 (3d): ±$5.20 (6.2%)
  • 2026-06-18 (9d): ±$7.95 (9.5%)
  • 2026-06-26 (17d): ±$10.15 (12.1%)

IV Setup

Term structure: Steep contango: 3d IV ~74%, 9d ~71%, 17d ~69%.

Crush estimate: Post-earnings IV crush likely 20-30% from current levels.

Skew: Low put/call volume ratio (0.25) indicates strong call demand, puts cheap relative to calls.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: Historical moves average near expected; beat rate 80%.

Directional bias: Bullish bias from recent flow and positive gamma.

Key Levels

1$70.00 gamma flip
2EM guardrails: 2d $78.57/$88.97; 1w $75.82/$91.72
3Max pain pins: $83 (2026-06-12); $80 (2026-06-18); $80 (2026-06-26)

Flow Highlights

Massive call volume on HOOD 6/12 $90 Call (25,550 vs OI 13,522).

Aggressive bullish bets targeting $90 by Friday, indicating high conviction.

Strategies

Bull Call Spread
Buy 2026-08-21 $90.00/$105.00 call spread
Debit: $3.60-$4.40
Max loss: $4.40
Max gain: $10.60
BE: $94.40
Trigger: Monitor $90 support; exit if spot below $83 invalidation.
Cost-effective bullish play with defined risk, leveraging positive gamma and 80% beat rate.
Outperforms: Expresses bullish bias with limited capital, reducing IV crush impact.
Underperforms: Loss of support weakens upside continuation thesis.
Long Strangle
Buy 2026-08-21 $70.00 put + buy $110.00 call
Debit: $7.47-$9.13
Max loss: $9.13
Max gain: Unlimited
BE: 60.87 / 119.13
Trigger: Close before earnings to avoid IV crush.
Captures volatility but costlier; inferior due to higher premium decay.
Outperforms: Hedges directional uncertainty but suffers from IV crush.
Underperforms: Insufficient realized move reduces long-strangle edge.

Risk Assessment

!Gamma flip at 70%: put OI concentration could pin price if maker hedge unwinds.
!Market drag: QQQ -1.15%, VIX ~20 may cap upside.
!IV crush post-earnings: long premium positions face decay.

What to Watch

?6/12 expiry: $90 call wall and $83 max pain.
?Spot vs $83 support; break above $90 could trigger short squeeze.
How to Use These Reports
This earnings reflects the market close on June 9, 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.