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MSFT

Microsoft CorporationClose $390.49EOD only
Max Pain
$370.00
Next expiry Jul 6, 2026
Expected Move
±$7.65
2.0% from close
Price Gap
-20.49
Distance to max pain
IV Rank
44
Middle-high premium
P/C OI
0.42
Slightly call-heavy
Consensus
8.0/10
Bullish tilt
Published snapshot: Jul 2, 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
Jul 2, 2026 close
MSFT Theta Report
Analysis based on market close May 21, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from May 21, 2026. A newer theta report is available for June 29, 2026.

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Theta Verdict

Attractiveness8 / 10
Sizing: Aggressive
Primary: Put Credit Spread
Invalidation: Break below $417.5 support or VIX >20
Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 spot 0.4% from MP; +1 VIX 17

IV Environment

IV Regime
Normal
IV vs VIX
IV 34.2% vs VIX 16.76 elevated
Favorable?
Yes

Term structure: Contango with front-end dip, decay favorable

📈IV elevated vs VIX boosts premium
⏳Term structure contango supports decay

Pin Risk Assessment

Spot vs MP: At

GEX regime: Pinning ($+232.5M)

OI concentrations: Max pain $418 (5/22), $412 (5/26,5/27); call wall $450+

Verdict: Pinning likely near $418, dealer GEX positive

Premium Opportunities

Risk Alerts

!Imminent expiry 5/22 increases pin risk
!Call wall $450 caps upside
!Support $417.5 must hold
How to Use These Reports
This theta 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.