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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 10, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
3.0

out of 10

3 not 4 or 2 because all personas have low confidence (3/10) and conflicting signals prevent higher conviction; lower would ignore consistent bearish regime indicators.

Where Perspectives Agree

Bearish bias due to negative dealer gamma, high IV, and spot below max pain $900; downside risk elevated.

Where They Diverge

Flow shows large call buying at $850-$960 (unusual call premium) contradicts bearish directional and theta personas; earnings call buying suggests bullish positioning despite negative gamma.

Top Trade
via directional

Buy Aug 21 $840/$700 bear put spread

Key Risk

Break below $800 flips dealer gamma long, accelerating downside to $700+; invalidates all pause/pin theses.

How to Use These Reports
This ai consensus reflects the market close on June 10, 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.