thetaOwl
HomeOptionsIWMReports

IWM

iShares Russell 2000 ETFClose $282.67EOD only
Max Pain
$281.00
Next expiry May 14, 2026
Expected Move
±$2.50
0.9% from close
Price Gap
-1.67
Distance to max pain
IV Rank
46
Middle-high premium
P/C OI
2.72
Slightly put-heavy
Consensus
7.0/10
Bullish tilt
Published snapshot: May 13, 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 13, 2026 close
IWM AI Consensus Report
Analysis based on market close May 14, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
8.0

out of 10

8 not 9 because flow's bearish put buying introduces uncertainty, but strong alignment between GEX, theta, and max pain keeps conviction high.

Where Perspectives Agree

All personas converge on a pin at $282-284 — directional sees GEX support, theta identifies premium selling opportunity, and flow confirms positive dealer gamma.

Where They Diverge

Flow's heavy put buying at $285P suggests institutional hedging or bearish bet, conflicting with directional's bullish pin expectation.

Top Trade
via theta

Sell 2026-06-18 $276/$269 put spread for $1.00 credit — defined risk, profits from pin, and benefits from elevated put IV.

Key Risk

Break below $258 gamma flip invalidates pin and accelerates selling to $275 support.

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.