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IWM

iShares Russell 2000 ETFClose $285.12EOD only

Max Pain

$279.00

Next expiry May 26, 2026

Expected Move

±$3.67

1.3% from close

Price Gap

-6.12

Distance to max pain

IV Rank

Middle-high premium

P/C OI

2.71

Slightly put-heavy

Consensus

6.0/10

Consensus signal

Published snapshot: May 22, 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 22, 2026 close

IWM AI Consensus Report

Analysis based on market close May 26, 2026

Directional Theta Gang Flow Earnings Consensus

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

Conviction

6.5

out of 10

6.5 not 8 because flow's mixed signal and pinning level disparity reduce confidence; if flow turns bullish, conviction would rise to 8.

Where Perspectives Agree

All three personas see bullish bias with dealer gamma pinning near $270-$283, limiting downside while flow shows institutional hedging but positive GEX supports the range.

Where They Diverge

Directional expects pin at $283 and upside to $302, but flow sees heavy put hedging and pinning near $270, creating a conflicting pinning level and implying downside risk.

Top Trade

via theta

Sell 2026-06-18 $285.00/$283.00 put credit spread for $0.65 credit, defined risk, profits from pin near $283.

Key Risk

Break below $270 flips dealer gamma long and triggers institutional hedging unwind, accelerating downside to $260.

How to Use These Reports

This ai consensus reflects the market close on May 26, 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.