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MSFT

Microsoft CorporationClose $419.09EOD only
Max Pain
$417.50
Next expiry May 22, 2026
Expected Move
±$5.98
1.4% from close
Price Gap
-1.59
Distance to max pain
IV Rank
17
Low premium
P/C OI
0.46
Slightly call-heavy
Consensus
9.0/10
Bullish tilt
Published snapshot: May 21, 2026 close
End-of-day snapshot

This page reflects MSFT options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
May 21, 2026 close
MSFT Flow Report
Analysis based on market close May 21, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Flow Verdict

BiasBullish
Confirmation: Sustained call buying above $417.5 with heavy volume and low put/call ratio
Invalidation: Break below $417.5 on increasing put volume or spot closes below $415
Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 spot 0.4% from MP; +1 VIX 17

Watch next session: $420; $417.5; $425

Flow Summary

Net premium: +$219.8M bullish

P/C volume ratio: 0.25

P/C OI ratio: 0.46

Heavy call accumulation across strikes $417.5-$427.5, net premium +$219M, put/call volume ratio 0.25 confirms aggressive bullish flow. GEX positive $232.5M with pinning regime. VIX at 16.8 supports normal vol. Bias is strongly bullish as long as spot holds above key $417.5 support.

Notable Prints

#1
MSFT 2026-05-26 $417.50 Call
Vol: 2,666
OI: 134
Vol/OI: 19.9x
IV: 22.0%
Notional: ~$1.4M
Intent: Bull
Dual read: Spec

Read-through: Up

#2
MSFT 2026-05-22 $417.50 Call
Vol: 16,373
OI: 1,731
Vol/OI: 9.5x
IV: 25.8%
Notional: ~$6.5M
Intent: Bull
Dual read: Spec

Read-through: Up

#3
MSFT 2026-05-22 $420.00 Call
Vol: 48,145
OI: 6,069
Vol/OI: 7.9x
IV: 25.2%
Notional: ~$12.9M
Intent: Bull
Dual read: Spec

Read-through: Up

#4
MSFT 2026-05-27 $417.50 Call
Vol: 767
OI: 101
Vol/OI: 7.6x
IV: 25.2%
Notional: ~$489K
Intent: Bull
Dual read: Spec

Read-through: Up

#5
MSFT 2026-05-22 $422.50 Call
Vol: 20,356
OI: 2,912
Vol/OI: 7.0x
IV: 25.4%
Notional: ~$3.4M
Intent: Bull
Dual read: Spec

Read-through: Up

Institutional Positioning

Call additions: Heavy weekly call buying at $420, $422.5, $425, $427.5 and longer-dated $417.5 calls.

Put additions: Modest put buying at $417.5 and $395, likely hedging.

GEX/DEX consistency: Positive GEX ($232.5M) and DEX (+83M shares) align with bullish flow.

OI clusters: Open interest concentrated near $420 and $425 strikes.

Hedging evidence: Put activity at $417.5 and $395 suggests collar or protective puts.

Max pain context: Spot near max pain; gamma pinning supports price stability.

Signal vs Noise

~Heavy call volume on weekly expirations is real bullish signal.
~Small put volumes are noise/hedging, not bearish conviction.

Key Conclusions

📈Institutions aggressively buying calls at key strikes $420-$427.5, indicating bullish positioning.
⚠️Put volume at $417.5 and $395 suggests hedging, not directional bearishness.
How to Use These Reports
This flow reflects the market close on May 21, 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.