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IWM

iShares Russell 2000 ETFClose $296.69EOD only
Max Pain
$295.00
Next expiry Jun 25, 2026
Expected Move
±$3.33
1.1% from close
Price Gap
-1.69
Distance to max pain
IV Rank
2
Low premium
P/C OI
2.69
Slightly put-heavy
Consensus
7.0/10
Bearish tilt
Published snapshot: Jun 24, 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 24, 2026 close
IWM AI Consensus Report
Analysis based on market close June 25, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
5.5

out of 10

5.5 not higher because bearish flow undermines theta's bullish pin thesis; not lower because max pain and gamma positioning still support range-bound action.

Where Perspectives Agree

IWM is pinned near max pain ~298 with dealer short gamma; flow hedging and theta premium selling both target the pin.

Where They Diverge

Flow's heavy put accumulation at 298/299 signals aggressive hedging (bearish) while Theta's credit put spread is bullish; Directional is neutral-bearish with a bear put spread.

Top Trade
via theta

Sell Jul 17 292/291 put spread for $0.35 credit

Key Risk

Break below $290 flips dealer gamma long, triggering accelerated selling to $280.

How to Use These Reports
This ai consensus reflects the market close on June 25, 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.