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HYG

iShares iBoxx High Yield Corporate Bond ETFClose $80.01EOD only
Max Pain
$79.50
Next expiry Jun 26, 2026
Expected Move
±$0.31
0.4% from close
Price Gap
-0.51
Distance to max pain
IV Rank
100
High premium
P/C OI
3.75
Slightly put-heavy
Consensus
6.5/10
Bearish tilt
Published snapshot: Jun 18, 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 18, 2026 close
HYG AI Consensus Report
Analysis based on market close June 18, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
6.5

out of 10

6.5 not 7.5 because the pin thesis conflicts with bearish flow and gamma flip risk below $79.70—if pin holds, conviction rises to 8.

Where Perspectives Agree

Bearish bias with max pain pin at $80; dealer short gamma and heavy put flow reinforce rangebound downside risk.

Where They Diverge

Theta's premium-selling around $80 depends on pin holding, but directional and flow anticipate breakdown below $79.70, creating conflicting trade structures.

Top Trade
via directional

Buy 2026-07-02 $79.50/$78.50 put spread for $0.45 debit

Key Risk

Break below $79.70 flips dealer gamma long, accelerating selloff to $78.50 and invalidating the pin thesis.

How to Use These Reports
This ai consensus reflects the market close on June 18, 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.