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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 Theta Report
Analysis based on market close June 26, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Theta Verdict

Attractiveness8 / 10
Sizing: Aggressive
Primary: Bull put spread
Invalidation: Spot closes below $90
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

IV Environment

IV Regime
High
IV vs VIX
IV (avg 75%) vs VIX (18) is elevated, favoring sellers
Favorable?
Yes

Term structure: Front-month ATM IV 15% due to expiry; back-month 62-70% elevated above VIX

📊Put skew elevated; market pricing downside fear

Pin Risk Assessment

Spot vs MP: Above

GEX regime: Pinning ($+72.3M)

Gamma flip: ~$90.00 — Approx — based on put OI concentration of 14,229 (8.8% below spot)

OI concentrations: Call wall $110-$130 (large OI), put floor $55-$90; max pain $95 today, $90 next week

Verdict: High pin risk at $95 (today) and $90 (next week); puts concentrated at strikes below

Premium Opportunities

#1
Put credit spread
Sell 2026-07-17 $95.00/$90.00 put spread
Sell $95/$90 put spread to collect premium with moderate downside risk.
Credit: $1.49-$1.82
Max loss: $3.18
BE: $93.18
Mgmt: Close if spot nears $95 or after earnings IV crush.

Risk Alerts

!Gamma flip around $90; potential acceleration below
!Front-month expiry may distort IV readings
How to Use These Reports
This theta 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.