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HOOD

Robinhood Markets, Inc.Close $93.19EOD only
Max Pain
$81.00
Next expiry Jun 18, 2026
Expected Move
±$6.70
7.2% from close
Price Gap
-12.19
Distance to max pain
IV Rank
85
High premium
P/C OI
0.62
Slightly call-heavy
Consensus
7.5/10
Bullish tilt
Published snapshot: Jun 12, 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 12, 2026 close
HOOD Earnings Report
Analysis based on market close June 11, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 11, 2026. A newer earnings report is available for June 12, 2026.

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Earnings Verdict

HOOD far from earnings (48 days), but heavy bullish call flow and pinning to $84 MP suggest near-term upside bias. High vol regime adds risk.

Confidence:
7.5 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 9.8% from MP; +0.5 VIX 19
Most important: Call OI wall at $100-$105 and $94 Call block trade indicate aggressive bullish positioning for next week.
🐂Bullish flow dominates: net premium $132M, put/call vol ratio 0.23.
⚠️Spot $92.50 far from $84 MP; gamma flip risk at 70% OI below.
💡$185 Call 8/21: 10.6x vol/OI ratio signals speculative long bet.

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 15,745 (24.1% below spot)

Earnings Overview

Next earnings: 2026-07-29 (48 days)explicit

Expected moves:

  • 2026-06-12 (1d): ±$3.70 (4.0%)
  • 2026-06-18 (7d): ±$8.03 (8.7%)
  • 2026-06-26 (15d): ±$10.78 (11.7%)

IV Setup

Term structure: Elevated short-dated (60-70% IV) but no earnings-specific term skew; longer-dated IV >80% reflecting vol regime.

Crush estimate: N/A (no imminent earnings)

Skew: Put/call OI ratio 0.64 shows call dominance. Skew neutral-to-bullish with high put IV on far OTM puts ($55).

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: Beat rate 80% historically, but next event 48 days away; near-term moves driven by flow, not earnings.

Directional bias: Bullish flow and gamma pinning $84 support upside bias.

Key Levels

1$70.00 gamma flip
2EM guardrails: 2d $88.54/$95.93; 1w $84.21/$100.26
3Max pain pins: $84 (2026-06-12); $80 (2026-06-18); $80 (2026-06-26)

Flow Highlights

$94 Call 6/18 block: 4,751 vol vs 401 OI (11.8x), $3.27 premium.

Large bullish bet targeting $94+ by next week.

$185 Call 8/21: 1,815 vol vs 172 OI (10.6x), $0.64 premium.

Speculative long-dated call, possibly earnings play.

Heavy call buying at $92 and $93 strikes for 6/12 expiry.

Aggressive near-term bullish positioning ahead of weekend.

Strategies

Upside Call Spread
Buy 2026-08-21 $90.00/$105.00 call spread
Debit: $5.04-$6.16
Max loss: $6.16
Max gain: $8.84
BE: $96.16
Trigger: Exit near $105 OI wall or at 50% loss.
Bullish flow and pinning to $84 MP support upside; spread reduces vega in high IV.
Outperforms: Buy $90/$105 call spread to capture upside with capped risk.
Underperforms: Loss of support weakens upside continuation thesis.
Volatility Straddle
Buy 2026-08-21 $100.00 put + buy $100.00 call
Debit: $23.15-$28.30
Max loss: $28.30
Max gain: Unlimited
BE: 71.70 / 128.30
Trigger: Sell if IV contracts or after 30% loss.
Long vega benefits if catalyst expands IV; 48 days to event allows time.
Outperforms: Buy $100 straddle to profit from large move in either direction.
Underperforms: Under-realized move and IV crush hurt long-vol thesis.
Wide Strangle
Buy 2026-08-21 $85.00 put + buy $115.00 call
Debit: $11.99-$14.66
Max loss: $14.66
Max gain: Unlimited
BE: 70.34 / 129.66
Trigger: Adjust strikes if trend emerges; exit at 50% loss.
Less precise than straddle; lower cost but needs larger move.
Outperforms: Buy $85 put + $115 call for cheap exposure to big move.
Underperforms: Insufficient realized move reduces long-strangle edge.

Risk Assessment

!Spot 9.8% above max pain ($84); risk of pinning down.
!High VIX (19.4) could amplify any downside.
!Call OI wall at $100-$105 may cap upside if tested.

What to Watch

?$84 max pain pin for 6/12 expiry.
?$94 Call block: hold or cover.
?Put flow below $88 for downside hedging.
How to Use These Reports
This earnings reflects the market close on June 11, 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.

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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.