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IWM

iShares Russell 2000 ETFClose $287.67EOD only

Max Pain

$290.00

Next expiry Jun 4, 2026

Expected Move

±$2.42

0.8% from close

Price Gap

+2.33

Distance to max pain

IV Rank

Middle-high premium

P/C OI

2.64

Slightly put-heavy

Consensus

6.5/10

Bullish tilt

Published snapshot: Jun 3, 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

Jun 3, 2026 close

IWM AI Consensus Report

Analysis based on market close June 4, 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 7.5 because strong bearish flow conflicts with positive gamma pinning, creating a tug-of-war that limits conviction; a clear break below $282 would raise conviction to 8.

Where Perspectives Agree

All personas see downside risk with IWM pinned near $289-$287, supported by positive GEX but undercut by bearish flow and put skew.

Where They Diverge

Directional and flow expect a breakdown below $282, while theta's neutral pin thesis at max pain contradicts the urgency of that move; flow's heavy put accumulation suggests hedging that could accelerate a selloff, undermining the pin.

Top Trade

via directional

Buy 2026-06-18 $282.00/$277.00 bear put spread for $2.10 debit — defined risk, profits from downside break, aligns with directional and flow.

Key Risk

Break below $270 flips dealer gamma from long to short, triggering accelerated downside to $260 as put hedging unwinds and stops cascade.

How to Use These Reports

This ai consensus reflects the market close on June 4, 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.