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HOOD

Robinhood Markets, Inc.Close $93.47EOD only
Max Pain
$99.00
Next expiry Jun 26, 2026
Expected Move
±$3.16
3.4% from close
Price Gap
+5.53
Distance to max pain
IV Rank
20
Low premium
P/C OI
0.68
Slightly call-heavy
Consensus
5.0/10
Upside lean
Published snapshot: Jun 25, 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 25, 2026 close
HOOD Earnings Report
Analysis based on market close June 26, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

Bullish flow & 80% beat rate; IV elevated, expected move ~15%+

Confidence:
8 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -0.5 spot 3.9% from MP; +0.5 VIX 18
Most important: Call OI wall $110-$130, put floor $55-$90, gamma flip at $90
🚀Heavy call volume at $96-$98 strikes suggests bullish positioning
⚠️Gamma flip at $90: put OI concentration 8.8% below spot

Regime Classification

Vol Regime
High
Gamma Regime
Pinning
Flow Regime
Bullish
Spot vs MP
Above
Gamma flip: ~$90.00 — Approx — based on put OI concentration of 14,229 (8.8% below spot)

Earnings Overview

Next earnings: 2026-07-29 (33 days)explicit

Expected moves:

  • 2026-07-02 (6d): ±$6.85 (6.9%)
  • 2026-07-10 (14d): ±$9.93 (10.1%)
  • 2026-07-17 (21d): ±$12.65 (12.8%)

IV Setup

Term structure: Front-end elevated; 6d ~7%, 21d ~13% implied moves

Crush estimate: Expected ~30-40% post-earnings IV crush

Skew: Call skew dominant; put/call OI ratio 0.67

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: Beat rate 80% suggests avg move often exceeds implied

Directional bias: Bullish; net premium +$35M, call volume 2.2x puts

Key Levels

1$90.00 gamma flip
2EM guardrails: 1w $91.84/$105.54
3Max pain pins: $95 (2026-06-26); $90 (2026-07-02); $93 (2026-07-10)

Flow Highlights

Heavy call buying 6/26 expiry $96-$98 strikes; vol/OI >8x

Aggressive near-term upside bets; potential gamma squeeze

Strategies

Iron Condor
Sell 2026-07-31 $90.00/$89.00 put wing and $105.00/$108.00 call wing
Credit: $0.63-$0.77
Max loss: $2.23
Max gain: $0.77
BE: 89.23 / 105.77
Trigger: Close at 50% max gain or adjust near wings. Liquidity warning: Liquidity constraints: short_put: Wide spread (63%).; long_put: Wide spread (52%).
High IV & neutral bias collect credit; wings outside expected move. Defined risk safer than short strangle.
Outperforms: Sells put spread $90/$89 & call spread $105/$108, collect premium with high win rate.
Underperforms: Move outside short strikes invalidates range thesis.
Short Strangle
Sell 2026-07-31 $90.00 put + sell $108.00 call
Credit: $8.71-$10.64
Max loss: Unlimited
Max gain: $10.64
BE: 79.36 / 118.64
Trigger: Close at 50% profit or roll if tested; monitor gamma. Liquidity warning: Liquidity constraints: short_put: Wide spread (63%).
High IV premium sale; strikes beyond expected move but unlimited risk. Lower probability than iron condor.
Outperforms: Sells $90 put & $108 call, collect substantial premium from elevated IV.
Underperforms: Break outside short strikes invalidates short-vol thesis.

Risk Assessment

!Market tail risk; VIX 18
!Gamma flip at $90 could accelerate move
!Earnings miss risk despite high beat rate

What to Watch

?Price action at $95 support / $100 resistance
?Gamma flip level $90
?IV crush magnitude post-earnings
How to Use These Reports
This earnings reflects the market close on June 26, 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.