thetaOwl

LITE

Lumentum Holdings Inc.Close $728.32EOD only
Max Pain
$850.00
Next expiry Jul 10, 2026
Expected Move
±$80.20
11.0% from close
Price Gap
+121.68
Distance to max pain
IV Rank
11
Low premium
P/C OI
1.34
Slightly put-heavy
Consensus
4.0/10
Bullish tilt
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

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

Published Snapshot
Jul 2, 2026 close
Consensus-ledJuly 2, 2026 close4.0/10 conviction

AI Consensus

Bias
Bullish
Neutral to slightly bullish
Best Fit
Defined risk

Sell 2026-07-02 $800/$765 put spread for ~$9

Key Levels
850 / 728 / 809
Magnet / spot / breakout
Main Risk
Event sensitivity

Break below $800 flips dealer gamma long, triggering stop-losses and accelerating decline to $745 support

One-line synthesis

Bullish tilt

Highest-conviction setup

Sell 2026-07-02 $800/$765 put spread for ~$9

Main disagreement

Flow's massive $820C block signals institutional bullish bet, directly contradicting directional's bearish target below $800

Persona support grid
How to Use These Reports
This hub collects the active report lenses so you can compare how each persona reads the same market-close snapshot.
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.