thetaOwl
HomeOptionsIWMReports

IWM

iShares Russell 2000 ETFClose $285.02EOD only
Max Pain
$287.00
Next expiry Jun 10, 2026
Expected Move
±$4.04
1.4% from close
Price Gap
+1.98
Distance to max pain
IV Rank
46
Middle-high premium
P/C OI
2.74
Slightly put-heavy
Consensus
8.5/10
Bearish tilt
Published snapshot: Jun 9, 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 9, 2026 close
IWM AI Consensus Report
Analysis based on market close June 10, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
7.5

out of 10

7.5 not 8 because GEX/DEX divergence adds uncertainty; all three personas converge but lack a catalyst for acceleration beyond gamma flip.

Where Perspectives Agree

Bearish bias toward $282-$286 — dealer short gamma, heavy put flow, and defined-risk income structures all reinforce downside drift.

Where They Diverge

Theta identifies earnings event as invalidation, but no earnings date given — conflict is minor and based on assumption, not data.

Top Trade
via theta

Buy 2026-07-10 $272/$264 bear put spread for $2.50 debit — defined risk, profits from bearish drift, expires before gamma flip risk increases.

Key Risk

Break below $276 flips dealer gamma long, removing the downside pin — accelerates to $264 support.

How to Use These Reports
This ai consensus reflects the market close on June 10, 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.