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HYG

iShares iBoxx High Yield Corporate Bond ETFClose $79.94EOD only
Max Pain
$80.00
Next expiry Jun 18, 2026
Expected Move
±$0.32
0.4% from close
Price Gap
+0.06
Distance to max pain
IV Rank
30
Middle-high premium
P/C OI
3.84
Slightly put-heavy
Consensus
7.0/10
Bearish tilt
Published snapshot: Jun 12, 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
Jun 12, 2026 close
HYG AI Consensus Report
Analysis based on market close June 11, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 11, 2026. A newer ai consensus report is available for June 12, 2026.

View latest report
Conviction
8.5

out of 10

8.5 not 9 because while all personas align bearish, the extreme put skew and low vol environment could lead to a pin near $80 before a move; higher conviction requires confirmation of a break below $79.

Where Perspectives Agree

All three perspectives converge on a bearish bias with $79 as critical support; flow confirms extreme put positioning, and dealer gamma is negative, amplifying downside breaks.

Where They Diverge

Theta's bear put spread is lower risk than Directional's long put, but flow shows massive put volume already positioned — no fundamental conflict, only structural preference for defined vs undefined risk.

Top Trade
via theta

Buy 2026-07-10 $79.00/$78.50 bear put spread for $0.25 debit

Key Risk

Break below $79 flips dealer gamma to long, removing the short-gamma amplification and potentially reversing the bearish thesis toward a bounce to $80.50.

How to Use These Reports
This ai consensus reflects the market close on June 11, 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.