thetaOwl

HYG

iShares iBoxx High Yield Corporate Bond ETFClose $79.35EOD only
Max Pain
$79.50
Next expiry May 22, 2026
Expected Move
±$0.23
0.3% from close
Price Gap
+0.15
Distance to max pain
IV Rank
0
Low premium
P/C OI
3.74
Slightly put-heavy
Consensus
8.0/10
Bearish tilt
Published snapshot: May 19, 2026 close
End-of-day snapshot

This page reflects HYG options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
May 19, 2026 close
Consensus-ledMay 19, 2026 close8.0/10 conviction

AI Consensus

Bias
Bearish
Neutral to slightly bullish
Best Fit
Defined risk

Buy 2026-06-05 $79/$77 bear put spread for $0

Key Levels
80 / 79 / 80
Magnet / spot / breakout
Main Risk
Event sensitivity

Break below $79 support flips dealer gamma long, triggering stop-loss selling and acceleration to $77 gap fill

One-line synthesis

Bearish tilt

Highest-conviction setup

Buy 2026-06-05 $79/$77 bear put spread for $0

Main disagreement

Flow indicates aggressive put buying targeting $79, while theta's high confidence in put credit spread at $79/$78 assumes the pin holds — i…

Persona support grid

Earnings

Event premium and IV crush

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Contribution

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Full Report

Coverage for this persona has not published yet.

Not available yet
How to Use These Reports
This hub collects the active report lenses so you can compare how each persona reads the same market-close snapshot.
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.