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LITE

Lumentum Holdings Inc.Close $850.00EOD only
Max Pain
$900.00
Next expiry Jun 26, 2026
Expected Move
±$87.95
10.3% from close
Price Gap
+50.00
Distance to max pain
IV Rank
100
High premium
P/C OI
1.33
Slightly put-heavy
Consensus
4.0/10
Bearish tilt
Published snapshot: Jun 18, 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 18, 2026 close
LITE AI Consensus Report
Analysis based on market close June 22, 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 although the pin thesis is strong, the directional conflict and upcoming earnings (Aug 12) add binary risk that prevents a higher score; conviction increases if $850 holds into expiry.

Where Perspectives Agree

All personas identify $850 as a critical gamma flip level, with a pin to $875 max pain as the near-term consensus path despite mixed directional signals.

Where They Diverge

Directional's bearish tilt (bear put spread) directly conflicts with flow and earnings' bullish call buying, creating uncertainty on which direction a break from $850 will take.

Top Trade
via theta

Sell 2026-08-21 $870/$860 put spread and $900/$910 call spread iron condor for estimated $1.00 credit

Key Risk

Break below $850 triggers dealer gamma flip downside, accelerating to $740 support and invalidating all bullish and pin theses.

How to Use These Reports
This ai consensus reflects the market close on June 22, 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.