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LITE

Lumentum Holdings Inc.Close $821.76EOD only
Max Pain
$900.00
Next expiry Jun 12, 2026
Expected Move
±$73.15
8.9% from close
Price Gap
+78.24
Distance to max pain
IV Rank
31
Middle-high premium
P/C OI
1.31
Slightly put-heavy
Consensus
6.5/10
Bearish tilt
Published snapshot: Jun 9, 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 9, 2026 close
LITE AI Consensus Report
Analysis based on market close June 9, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
6.5

out of 10

6.5 not 7.5 because theta's low confidence (4.0) and mixed flow signals cap conviction despite directional and earnings alignment — a clean break below $800 would raise to 8.

Where Perspectives Agree

Bearish bias dominates with downside risk to $800 gamma flip — directional and flow see acceleration, earnings confirms put skew, theta waits but doesn't oppose.

Where They Diverge

Flow sees call sweeps at $900 as speculative noise, but directional and theta view $900 as a resistance that could break if tech rallies — undermines bearish conviction near term.

Top Trade
via directional

Buy 2026-06-26 $820 put / sell $775 put for $22.50 debit — defined-risk bearish bet.

Key Risk

Break above $900 invalidates bearish thesis — triggers short squeeze, dealer gamma flips long, and spot accelerates to $950+.

How to Use These Reports
This ai consensus reflects the market close on June 9, 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.