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HOOD

Robinhood Markets, Inc.Close $108.15EOD only
Max Pain
$97.00
Next expiry Jun 26, 2026
Expected Move
±$8.35
7.7% from close
Price Gap
-11.15
Distance to max pain
IV Rank
100
High premium
P/C OI
0.68
Slightly call-heavy
Consensus
7.5/10
Bullish tilt
Published snapshot: Jun 18, 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 18, 2026 close
HOOD Earnings Report
Analysis based on market close June 18, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

Strong bullish flow and 80% beat rate, but earnings 41 days out limits direct event impact.

Confidence:
8 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 21.5% from MP; +1 VIX 16
Most important: Monster net premium and call volume; $120-$130 call wall is key resistance.
📈Net premium $186M, call volume ratio 0.37, extremely bullish
⚠️Spot $104 vs max pain $89; 21.5% above; reversion risk

Regime Classification

Vol Regime
High
Gamma Regime
Pinning
Flow Regime
Bullish
Spot vs MP
Above

Earnings Overview

Next earnings: 2026-07-29 (41 days)explicit

Expected moves:

  • 2026-06-26 (8d): ±$8.35 (7.7%)
  • 2026-07-02 (14d): ±$11.50 (10.6%)
  • 2026-07-10 (22d): ±$14.05 (13.0%)

IV Setup

Term structure: Front-end IV low (35% on 6/18 calls), back-end elevated (70% on 9/18 135C).

Crush estimate: Earnings far; minimal crush near-term, possible back-end IV contraction after event.

Skew: Put skew elevated at $90 strike for 7/24, likely hedging.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: Historically moves in line with expectations.

Directional bias: Bullish from 80% beat rate.

Key Levels

1EM guardrails: 1w $99.80/$116.50
2Max pain pins: $89 (2026-06-18); $97 (2026-06-26); $87 (2026-07-02)

Flow Highlights

HOOD 2026-07-24 $90 Put 16.6x OI volume

Potential protective hedge ahead of earnings.

Heavy call buying $106-$109 strikes for 6/18

Bullish momentum, pinning near $107 max pain.

Strategies

Short Strangle
Sell 2026-07-02 $98.00 put + sell $120.00 call
Credit: $3.41-$4.17
Max loss: Unlimited
Max gain: $4.17
BE: 93.83 / 124.17
Trigger: Close at 50% max profit or before earnings if IV rises.
Liquid, high probability, collects premium before earnings. Bullish flow supports tight range.
Outperforms: Sell $98 put and $120 call, 14 DTE, capitalizing on IV decay.
Underperforms: Break outside short strikes invalidates short-vol thesis.
Long Strangle
Buy 2026-08-21 $100.00 put + buy $115.00 call
Debit: $16.47-$20.13
Max loss: $20.13
Max gain: Unlimited
BE: 79.87 / 135.13
Trigger: Sell before earnings to avoid crush; adjust if IV collapses.
Earnings 41 days away; back-end IV 70% offers upside. Cheaper than straddle.
Outperforms: Buy $100 put and $115 call expiring post-earnings to capture IV expansion.
Underperforms: Insufficient realized move reduces long-strangle edge.
Iron Condor
Sell 2026-07-02 $98.00/$91.00 put wing and $120.00/$130.00 call wing
Credit: $1.87-$2.29
Max loss: $7.71
Max gain: $2.29
BE: 95.71 / 122.29
Trigger: Close if stock nears wings; use limit orders. Liquidity warning: Liquidity constraints: long_put: Wide spread (61%).
Defined risk, uses call wall $120-$130. However, liquidity is low.
Outperforms: Sell $98/$91 put and $120/$130 call wing for 14 DTE.
Underperforms: Move outside short strikes invalidates range thesis.

Risk Assessment

!Spot 21.5% above max pain; pinning risk
!Call wall $120-$130 may cap upside
!Earnings 41 days out; IV could expand

What to Watch

?$90 put OI growth for hedging signals
?Call OI at $120-$130 for resistance
?7/24 expiration ahead of earnings
How to Use These Reports
This earnings reflects the market close on June 18, 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.