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IWM

iShares Russell 2000 ETFClose $290.43EOD only
Max Pain
$289.00
Next expiry Jun 1, 2026
Expected Move
±$2.92
1.0% from close
Price Gap
-1.43
Distance to max pain
IV Rank
21
Low premium
P/C OI
2.65
Slightly put-heavy
Consensus
6.5/10
Bullish tilt
Published snapshot: May 29, 2026 close
End-of-day snapshot

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

Published Snapshot
May 29, 2026 close
IWM AI Consensus Report
Analysis based on market close April 14, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from April 14, 2026. A newer ai consensus report is available for May 26, 2026.

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Conviction
6.5

out of 10

6.5 because dealer gamma and concentrated call positioning provide a reliable short-term pin, and theta-friendly premiums improve odds for defined-risk sells, but conviction is capped by (a) clear institutional protective flow that can override the pin during stress and (b) a gamma flip trigger near $245 and a series of max-pain levels below spot that create meaningful asymmetric downside.

Where Perspectives Agree

Market is effectively pinned into the mid-260s with dealer gamma and concentrated option positioning creating a short-term bullish magnet around $268–$270; premium-rich environment makes defined-risk selling the highest-probability edge.

Where They Diverge

Flow intelligence shows sizable institutional put accumulation and protective buying at lower strikes, which directly contradicts the pure pin/bull continuation implied by GEX — if institutions are hedging, that increases tail downside despite dealer pinning. Theta recommends aggressive front-month premium sales while Flow and Directional warn that concentrated institutional protection creates asymmetric blowout risk on a linked stop-run.

Top Trade
via theta

Sell 2026-05-01 262/257 put spread for a net credit (defined-risk theta sell).

Key Risk

A sustained break and close below $245 on high volume that removes dealer short-gamma (gamma flip) — consequence: immediate acceleration lower into $240 area and rapid put repricing that invalidates the pin and wipes out short-put positions.

How to Use These Reports
This ai consensus reflects the market close on April 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.