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LITE

Lumentum Holdings Inc.Close $863.66EOD only
Max Pain
$935.00
Next expiry Jun 12, 2026
Expected Move
±$97.75
11.3% from close
Price Gap
+71.34
Distance to max pain
IV Rank
29
Middle-high premium
P/C OI
1.38
Slightly put-heavy
Consensus
4.0/10
Bearish tilt
Published snapshot: Jun 5, 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 5, 2026 close
LITE AI Consensus Report
Analysis based on market close June 8, 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 7 because mixed flow signals and unconfirmed earnings event lower conviction; call buying could counter bearish skew.

Where Perspectives Agree

Stock trading below max pain ($912) with negative GEX creates bearish skew, but pin action near max pain is likely near-term due to dealer gamma.

Where They Diverge

Flow shows aggressive call buying at $920 and $1100 (upside conviction), contradicting directional's bearish drift thesis and negative GEX.

Top Trade
via directional

Bear Put Spread: Buy 2026-07-02 $900/$880 put spread for debit.

Key Risk

Break above $912 (max pain) flips dealer gamma long and triggers short squeeze, invalidating bearish thesis.

How to Use These Reports
This ai consensus reflects the market close on June 8, 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.