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IWM

iShares Russell 2000 ETFClose $294.64EOD only
Max Pain
$290.00
Next expiry Jun 16, 2026
Expected Move
±$2.48
0.8% from close
Price Gap
-4.64
Distance to max pain
IV Rank
83
High premium
P/C OI
3.16
Slightly put-heavy
Consensus
4.0/10
Range bias
Published snapshot: Jun 15, 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 15, 2026 close
IWM AI Consensus Report
Analysis based on market close June 16, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
6.0

out of 10

6 not 7 because theta's neutral-wait stance and conflicting diagonal strategies reduce alignment; not lower because two of three personas agree on bearish bias and key levels.

Where Perspectives Agree

IWM is range-bound near max pain $294 with bearish bias; dealer short gamma and heavy put flow reinforce downside risk while spot pins into weekly expiry.

Where They Diverge

Directional and flow are bearish but theta's call diagonal strategy is bullish, creating conflicting trade direction recommendations.

Top Trade
via directional

Buy 2026-07-02 $294/$290 bear put spread for ~$2.00 debit — bearish defined risk targeting gamma flip below $290.

Key Risk

Break below $290 flips dealer gamma long and triggers stop-loss cascade, accelerating downside to $285 support.

How to Use These Reports
This ai consensus reflects the market close on June 16, 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.