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IWM

iShares Russell 2000 ETFClose $290.51EOD only
Max Pain
$281.00
Next expiry May 27, 2026
Expected Move
±$2.68
0.9% from close
Price Gap
-9.51
Distance to max pain
IV Rank
21
Low premium
P/C OI
2.68
Slightly put-heavy
Consensus
6.5/10
Bullish tilt
Published snapshot: May 26, 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 26, 2026 close
IWM AI Consensus Report
Analysis based on market close April 17, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from April 17, 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 short-dated decay favor consolidation, but spot sits materially above the mean and event/flow risk can still generate a directional break that invalidates the pin.

Where Perspectives Agree

Consensus is modestly bullish/range-biased: dealer long-gamma supports a near-term pin/consolidation in the mid-270s rather than a clean trend extension.

Where They Diverge

Potential conflicts arise because short-dated theta strategies want to harvest decay into the pin while flow/earnings (where present) could be positioning for a post-event directional move; if institutional flow is one-way it would undercut the dealer-driven pin thesis.

Top Trade
via theta

Sell May 15 271/267 put spread for a net credit (defined-risk put spread to collect theta into expected consolidation).

Key Risk

Break and close below $271 (sustained through a daily close) triggers rapid dealer delta unwind and removes the pin, accelerating downside toward the $260 area.

How to Use These Reports
This ai consensus reflects the market close on April 17, 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.