thetaOwl

HYG

iShares iBoxx High Yield Corporate Bond ETFClose $79.91EOD only
Max Pain
$80.00
Next expiry May 15, 2026
Expected Move
±$0.18
0.2% from close
Price Gap
+0.09
Distance to max pain
IV Rank
52
Middle-high premium
P/C OI
5.26
Slightly put-heavy
Consensus
5.5/10
Consensus signal
Published snapshot: May 13, 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 13, 2026 close
HYG AI Consensus Report
Analysis based on market close May 14, 2026

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

Conviction
5.0

out of 10

5 not 6 because Theta bearish skew undermines bullish consensus; if flow dominance persists, conviction could rise to 7.

Where Perspectives Agree

Range-bound near $80 with bullish flow and support at $79, but upside capped by resistance and negative dealer gamma.

Where They Diverge

Theta's bearish put debit spread directly contradicts bullish flow and neutral directional outlook.

Top Trade
via directional

Buy 2026-05-29 $80.00/$81.00 call spread for $0.35 debit

Key Risk

Break below $79 flips dealer gamma long, triggering downside cascade to $78 gap fill.

How to Use These Reports
This ai consensus reflects the market close on May 14, 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.