thetaOwl
HomeOptionsHOODReports

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 Theta Report
Analysis based on market close June 12, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Theta Verdict

Attractiveness8 / 10
Sizing: Aggressive
Primary: Premium Selling
Invalidation: Spot below $70 gamma flip
Confidence:
8 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 9.6% from MP; +1 VIX 18

IV Environment

IV Regime
High
IV vs VIX
IV 76% vs VIX 18, elevated
Favorable?
Yes

Term structure: 0DTE low, front week 65%, flattish thereafter

🔥IV elevated, high premium decay opportunity
📊Term structure supports short vega

Pin Risk Assessment

Spot vs MP: Above

GEX regime: Pinning ($+156.1M)

Gamma flip: ~$70.00 — Approx — based on put OI concentration of 15,883 (24.9% below spot)

OI concentrations: Max pain pins $85, $81, $80; put OI heavy below spot

Verdict: Elevated pin risk near $85 this week

Premium Opportunities

#1
Put credit spread
Sell 2026-07-10 $85.00/$84.00 put spread
Sell $85/$84 put spread, credit 0.18-0.21, expiry 7/10
Credit: $0.18-$0.21
Max loss: $0.79
BE: $84.79
Mgmt: Close if spot breaks $85; take profit at 50% credit
#2
Call diagonal
Sell 2026-07-10 $100.00 call / buy 2026-08-21 $95.00 call
Sell 7/10 $100 call, buy 8/21 $95 call, net debit ~6-7.45
Debit: $6.10-$7.45
Max loss: $7.45
BE: Path-dependent
Mgmt: Roll short leg if tested; exit if spot <$85

Risk Alerts

!Spot 9.6% above max pain, caution mean reversion
!Gamma flip at $70, break could trigger sharp move
How to Use These Reports
This theta reflects the market close on June 12, 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.