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HOOD

Robinhood Markets, Inc.Close $103.25EOD only
Max Pain
$100.00
Next expiry Jun 26, 2026
Expected Move
±$5.95
5.8% from close
Price Gap
-3.25
Distance to max pain
IV Rank
19
Low premium
P/C OI
0.66
Slightly call-heavy
Consensus
7.0/10
Bullish tilt
Published snapshot: Jun 23, 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 23, 2026 close
HOOD Earnings Report
Analysis based on market close June 24, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

HOOD 35 days from earnings; elevated IV; bullish flow with put floor. 80% beat rate.

Confidence:
8.5 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +0.5 VIX 19
Most important: Aggressive call buying deep OTM; put wall near $90 provides support.
📈Deep OTM call buying signals aggressive bullish sentiment.
🛡️Put OI wall at $90 acts as strong floor support.
⚖️Max pain pinning suggests range-bound near $92-$100.

Regime Classification

Vol Regime
High
Gamma Regime
Pinning
Flow Regime
Bullish
Spot vs MP
Below
Gamma flip: ~$90.00 — Approx — based on put OI concentration of 12,954 (7.4% below spot)

Earnings Overview

Next earnings: 2026-07-29 (35 days)explicit

Expected moves:

  • 2026-06-26 (2d): ±$4.92 (5.1%)
  • 2026-07-02 (8d): ±$8.62 (8.9%)
  • 2026-07-10 (16d): ±$11.35 (11.7%)

IV Setup

Term structure: Upward sloping; near-term IV high (5.1% 2d move), longer-term elevated.

Crush estimate: Significant crush post-earnings; current IV reflects event premium.

Skew: Call skew steep; deep OTM calls 190%+ IV; puts lower.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: In line with implied moves historically.

Directional bias: Bullish; high beat rate (80%) and post-earnings gains.

Key Levels

1$90.00 gamma flip
2EM guardrails: 2d $92.27/$102.11; 1w $88.57/$105.82
3Max pain pins: $100 (2026-06-26); $90 (2026-07-02); $92 (2026-07-10)

Flow Highlights

Unusual $66-$67 calls with 20x vol/OI ratio.

Aggressive directional bet; possible speculative positioning.

Put OI wall at $55-$90; max pain near $92.

Provides downside floor; stock likely stays above $90.

Strategies

Bull Call Spread
Sell 2026-07-17 $105.00 call / buy 2026-08-21 $110.00 call
Debit: $2.56-$3.13
Max loss: $3.13
Max gain: Variable
BE: Path-dependent
Trigger: Exit if stock drops below $90.
Bullish bias, put support, and 80% beat rate support upside.
Outperforms: Buy $90 call, sell $100 call for defined-risk bullish play.
Underperforms: Loss of support or adverse vol term shift weakens thesis.
Call Diagonal
Sell 2026-07-17 $105.00 call / buy 2026-08-21 $110.00 call
Debit: $2.56-$3.13
Max loss: $3.13
Max gain: Variable
BE: Path-dependent
Trigger: Roll short if price approaches $105 early.
Captures elevated near-term IV selling, buys longer call for upside.
Outperforms: Sell July $105 call, buy Aug $110 call for time spread.
Underperforms: Loss of support or adverse vol term shift weakens thesis.
Iron Condor
Sell 2026-07-17 $90.00/$80.00 put wing and $110.00/$120.00 call wing
Credit: $3.26-$3.99
Max loss: $6.01
Max gain: $3.99
BE: 86.01 / 113.99
Trigger: Monitor for breakout; adjust wings if needed.
Elevated IV and defined range make short premium attractive.
Outperforms: Sell $90/$80 put and $110/$120 call for range-bound strategy.
Underperforms: Move outside short strikes invalidates range thesis.
Long straddle
Buy 2026-08-21 $100.00 put + buy $100.00 call
Debit: $20.36-$24.89
Max loss: $24.89
Max gain: Unlimited
BE: 75.11 / 124.89
High beat rate, bullish flow, elevated IV offers cheap long vol.
Outperforms: Capture large post-earnings move with elevated IV.
Underperforms: Under-realized move and IV crush hurt long-vol thesis.

Risk Assessment

!High IV may cause large swings in option prices.
!Gamma risk near weekly expiry (June 26).
!Earnings 5 weeks away; time decay accelerates.

What to Watch

?Price action around $92-$100 max pain zone.
?Open interest shifts in weekly $90 puts and $110 calls.
?Crypto correlation; any regulatory news.
How to Use These Reports
This earnings reflects the market close on June 24, 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.