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IWM

iShares Russell 2000 ETFClose $298.18EOD only
Max Pain
$293.00
Next expiry Jun 23, 2026
Expected Move
±$2.80
0.9% from close
Price Gap
-5.18
Distance to max pain
IV Rank
0
Low premium
P/C OI
2.61
Slightly put-heavy
Consensus
4.5/10
Consensus signal
Published snapshot: Jun 22, 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 22, 2026 close
IWM AI Consensus Report
Analysis based on market close June 23, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
7.0

out of 10

7 not 8 because expiration day flow noise and pin risk near max pain reduce confidence; if spot breaks $290, conviction rises to 9.

Where Perspectives Agree

All personas agree bearish bias with key support at $290; negative dealer gamma and bearish flow reinforce downside momentum.

Where They Diverge

Theta sees pin near $295 max pain, but directional and flow warn of breakdown if $290 support fails, creating conflicting short-term pin vs. trend continuation.

Top Trade
via directional

Buy 2026-08-21 $295/$290 bear put spread for $2.50 debit

Key Risk

Break below $290 flips dealer gamma long and triggers institutional put unwind, accelerating rally to $298.

How to Use These Reports
This ai consensus reflects the market close on June 23, 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.