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LITE

Lumentum Holdings Inc.Close $964.50EOD only
Max Pain
$900.00
Next expiry May 22, 2026
Expected Move
±$40.70
4.2% from close
Price Gap
-64.50
Distance to max pain
IV Rank
10
Low premium
P/C OI
1.40
Slightly put-heavy
Consensus
6.0/10
Bullish tilt
Published snapshot: May 21, 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
May 21, 2026 close
LITE AI Consensus Report
Analysis based on market close May 21, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
6.0

out of 10

6 not 7 because flow conflict (hedging vs. upside bets) and high put/call OI ratio (1.40) reduce conviction; if spot holds $900 and put volume fades, conviction rises.

Where Perspectives Agree

Bullish pin to $900 with dealer gamma supporting range-bound price action; elevated IV favors premium selling.

Where They Diverge

Flow shows heavy put hedging (855p/870p) conflicting with bullish call accumulation at 1000c — mixed signals undermine clean directional thesis.

Top Trade
via theta

Sell 2026-06-18 $950/$930 put credit spread for $0.55 credit

Key Risk

Break below $800 flips dealer gamma from long to short, triggering accelerated downside toward $700 gap fill.

How to Use These Reports
This ai consensus reflects the market close on May 21, 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.