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IWM

iShares Russell 2000 ETFClose $292.01EOD only

Max Pain

$287.00

Next expiry Jun 5, 2026

Expected Move

±$2.76

0.9% from close

Price Gap

-5.01

Distance to max pain

IV Rank

Middle-high premium

P/C OI

2.67

Slightly put-heavy

Consensus

6.5/10

Downside lean

Published snapshot: Jun 4, 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 4, 2026 close

IWM AI Consensus Report

Analysis based on market close June 5, 2026

Directional Theta Gang Flow Earnings Consensus

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

Conviction

7.5

out of 10

7.5 not 8.5 because theta neutrality and potential macro reversal introduce uncertainty; alignment among directional and flow is strong but not unanimous.

Where Perspectives Agree

Bearish bias with short gamma amplifying downside toward $270; spot below max pain and heavy put flow confirm risk of continued weakness.

Where They Diverge

Theta's neutral stance conflicts with directional/flow bearishness—selling premium may underperform if spot drops sharply.

Top Trade

via directional

Buy 2026-07-10 $278/$271 bear put spread for $3.20 debit — targets gamma flip at $270, defined risk.

Key Risk

Break above $289 max pain flips dealer gamma long, squeezes shorts, and invalidates bearish thesis — rally accelerates to $295.

How to Use These Reports

This ai consensus reflects the market close on June 5, 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.