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LITE

Lumentum Holdings Inc.Close $945.08EOD only
Max Pain
$900.00
Next expiry Jun 5, 2026
Expected Move
±$41.70
4.4% from close
Price Gap
-45.08
Distance to max pain
IV Rank
23
Low premium
P/C OI
1.42
Slightly put-heavy
Consensus
7.0/10
Bullish tilt
Published snapshot: Jun 4, 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
Jun 4, 2026 close
LITE AI Consensus Report
Analysis based on market close June 5, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
4.0

out of 10

4.0 not 5.0 because conflicting signals (pin vs. gamma flip) cap conviction; not lower due to uniform bearish lean across personas.

Where Perspectives Agree

Bearish bias with dealer negative gamma amplifying moves; key support at $800 gamma flip.

Where They Diverge

Spot 4% below max pain $900 suggests upward pinning pressure, contradicting bearish continuation; flow shows heavy OTM call buying (950C) versus put hedging, creating mixed signals.

Top Trade
via directional

Buy 2026-06-12 $880/$860 put debit spread for $1.20 debit

Key Risk

Break below $800 flips dealer gamma long, accelerating selling to $770 support.

How to Use These Reports
This ai consensus reflects the market close on June 5, 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.