thetaOwl

IWM

iShares Russell 2000 ETFClose $295.59EOD only
Max Pain
$291.00
Next expiry Jun 22, 2026
Expected Move
±$3.23
1.1% from close
Price Gap
-4.59
Distance to max pain
IV Rank
100
High premium
P/C OI
3.17
Slightly put-heavy
Consensus
6.5/10
Range bias
Published snapshot: Jun 18, 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 18, 2026 close
IWM AI Consensus Report
Analysis based on market close June 18, 2026

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

Conviction
6.5

out of 10

6.5 not 5 because pinning consensus supports defined-risk trades, but not 8 due to conflicting flow signals.

Where Perspectives Agree

IWM is pinning near $289-$295 with dealer gamma support, limiting directional break.

Where They Diverge

Flow's heavy put buying signals bearish hedging, contradicting Directional's bullish drift thesis above $295.

Top Trade
via theta

Sell Jul 17 $290/$288 put spread and $300/$302 call spread for $0.65 credit total.

Key Risk

Break below $290 flips dealer gamma to long, triggering hedging downside and accelerating to $280 support.

How to Use These Reports
This ai consensus reflects the market close on June 18, 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.