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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 10, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

High-vol, bullish-flow regime with strong call buying and 80% beat rate.

Confidence:
7.5 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -0.5 spot 4.0% from MP
Most important: $72M net premium, aggressive calls up to $106; put floor at $75-$83.
🛡️Put buying at $86-$89 suggests hedging; may cap upside.
📈Call OI wall at $100-$105; speculative demand at high strikes.
⚡Net premium +$72M; flow strongly bullish.

Regime Classification

Vol Regime
High
Gamma Regime
Pinning
Flow Regime
Bullish
Spot vs MP
Above
Gamma flip: ~$70.00 — Approx — based on put OI concentration of 15,818 (18.9% below spot)

Earnings Overview

Next earnings: 2026-07-29 (49 days)explicit

Expected moves:

  • 2026-06-12 (2d): ±$4.93 (5.7%)
  • 2026-06-18 (8d): ±$8.18 (9.5%)
  • 2026-06-26 (16d): ±$10.68 (12.4%)

IV Setup

Term structure: Front-end elevated (2d IV ~77-87%, 1w ~75-82%); backwardation expected.

Crush estimate: Significant post-earnings crush, ~30-50% drop.

Skew: Put skew elevated near spot; high-strike calls show speculative IV (99-102%).

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: Moves match options pricing; beat rate 80%.

Directional bias: Upward bias from beat rate and flow.

Key Levels

1$70.00 gamma flip
2EM guardrails: 2d $81.43/$91.30; 1w $78.19/$94.54
3Max pain pins: $83 (2026-06-12); $80 (2026-06-18); $80 (2026-06-26)

Flow Highlights

Unusual put volume at $88 (4445 vs 270 OI) and $89 (4038 vs 174 OI).

Hedging or positioning; may cap upside.

Aggressive call buying up to $106 strike.

Speculative bullish sentiment despite high IV.

Strategies

Call Calendar
Sell 2026-06-18 $90.00 call / buy 2026-07-10 $90.00 call
Debit: $2.52-$3.07
Max loss: $3.07
Max gain: Variable
BE: Path-dependent
Trigger: Close if stock breaks below $83 or if IV differential narrows sharply.
Best exploits front-end IV crush and bullish flow; limited risk with upside potential.
Outperforms: Sell near-term call, buy later-term call to profit from vol term structure and time decay.
Underperforms: Loss of support or adverse vol term shift weakens thesis.
Iron Condor
Sell 2026-06-18 $83.00/$82.00 put wing and $90.00/$91.00 call wing
Credit: $0.59-$0.72
Max loss: $0.28
Max gain: $0.72
BE: 82.28 / 90.72
Trigger: Exit early if stock approaches $83 or $90 to avoid gamma risk.
Captures high IV with defined risk; aligns with 80% beat rate and max pain pin.
Outperforms: Non-directional range play using put and call credit spreads at key levels.
Underperforms: Move outside short strikes invalidates range thesis.
Short Strangle
Sell 2026-06-18 $83.00 put + sell $90.00 call
Credit: $4.68-$5.71
Max loss: Unlimited
Max gain: $5.71
BE: 77.29 / 95.71
Trigger: Roll or hedge if stock breaks below $75 or above $105.
High premium but unlimited upside risk conflicts with bullish flow; lower priority.
Outperforms: Sell naked put and call to collect premium in high IV environment.
Underperforms: Break outside short strikes invalidates short-vol thesis.

Risk Assessment

!Earnings 49 days out; IV crush may impact longer-dated options.
!Spot 4% from MP pin at $83; high vol environment.
!Heavy put buying near spot could act as resistance.

What to Watch

?Key levels: $83 (2d max pain), $90 resistance, $100-$105 call wall.
?VIX at 22; watch gamma flip at $70.
?Flow in 2d/1w expirations for continuation.
How to Use These Reports
This earnings reflects the market close on June 10, 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.