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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 22, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
4.5

out of 10

4.5 not 6 because all personas have low confidence (5.5/10) and flow's bearish signal conflicts with the bullish strategies from theta and directional, creating an ambiguous regime.

Where Perspectives Agree

All perspectives point to $290 as a critical gamma flip level; break below accelerates selling, while holding above supports a pin to $295-$300.

Where They Diverge

Flow's heavy put accumulation and bearish positioning directly contradict Theta's bullish cash-secured put recommendation; directional's neutral-to-bullish bias is undermined by institutional selling pressure.

Top Trade
via theta

Sell 2026-07-17 $291 cash-secured put for credit.

Key Risk

Break below $290 flips dealer gamma long, triggering a sell-off to $274 (next support from put credit spread lower strike) and invalidates all bullish and neutral positions.

How to Use These Reports
This ai consensus reflects the market close on June 22, 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.