Home Options KLACReports

KLAC

KLA CorporationClose $182.82EOD only

Max Pain

$222.00

Next expiry Aug 21, 2026

Expected Move

±$28.05

15.3% from close

Price Gap

+39.18

Distance to max pain

IV Rank

Middle-high premium

P/C OI

1.81

Slightly put-heavy

Consensus

7.0/10

Bullish tilt

Published snapshot: Jul 31, 2026 close

End-of-day snapshot

This page reflects KLAC options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

Jul 31, 2026 close

KLAC Flow Report

Analysis based on market close June 17, 2026

Directional Theta Gang Flow Earnings Consensus

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

You are viewing an older report from June 17, 2026. A newer flow report is available for June 18, 2026.

View latest report

Flow Verdict

Confidence:

7.5 / 10

base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 27.0% from MP; +0.5 VIX 18

Watch next session: Shift in put/call ratio; Net premium turning negative

Flow Summary

Net premium: +$35.1M bullish

P/C volume ratio: 1.48

P/C OI ratio: 1.45

Put/call ratio elevated at 1.5. Net premium positive but skewed puts. Unusual OTM put prints. VIX above 20 suggests fear. Bearish positioning likely.

Notable Prints

KLAC 2027-03-19 $1400.00 Put

Vol: 290

OI: 158

Vol/OI: 1.8x

IV: 0.0%

Notional: ~$3.6M

Intent: Long-dated bearish bet or hedge on KLAC; high volume relative to OI, strike deeply ITM (underlying ~$700).

Dual read: Could be short put write for premium collection, but high IV and volume suggest directional.

Read-through: Aligns with bearish market sentiment (SPY down 1.25%) and high vol regime; possible large investor hedging.

KLAC 2026-08-21 $200.00 Put

Vol: 446

OI: 295

Vol/OI: 1.5x

IV: 72.3%

Notional: ~$475K

Intent: Cheap tail hedge for a major downside move, given deep OTM strike and elevated IV.

Dual read: May be a speculative purchase by a volatility buyer anticipating a crash.

Read-through: Consistent with high vol regime and mixed flow; positions for tail risk amid market uncertainty.

Institutional Positioning

Call additions: Modest; positive GEX implies net dealer buying of options (likely calls).

Put additions: Heavy OTM puts: $1400 (2027), $200 (Aug26); ratio 1.48.

GEX/DEX consistency: Consistent: +GEX/+DEX bullish.

OI clusters: Put OI cluster $224 (below spot); plus $1400, $200.

Hedging evidence: Tail hedge at $200; bearish bet at $1400.

Max pain context: Spot above MP; pinning near $224.

Signal vs Noise

~OTM put buying signals hedging.

~Positive GEX/DEX signal dealer support.

~Net premium $35M moderate.

Key Conclusions

⚠️Deep OTM puts suggest downside hedging.

🔶Positive GEX/DEX show dealer gamma long, pinning.

🔄Spot above MP; risk of reversion lower.

How to Use These Reports

This flow reflects the market close on June 17, 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.