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MSFT

Microsoft CorporationClose $365.46EOD only
Max Pain
$380.00
Next expiry Jun 26, 2026
Expected Move
±$9.38
2.6% from close
Price Gap
+14.54
Distance to max pain
IV Rank
44
Middle-high premium
P/C OI
0.41
Slightly call-heavy
Consensus
6.5/10
Consensus signal
Published snapshot: Jun 24, 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
Jun 24, 2026 close
MSFT Theta Report
Analysis based on market close June 25, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Theta Verdict

Attractiveness6 / 10
Sizing: Moderate
Primary: Short put spreads near support
Invalidation: Spot breaks below $332 or IV jumps above 50%
Confidence:
6.5 / 10
base 5; +2 GEX/flow strongly aligned; -1 spot 6.5% from MP; +0.5 VIX 19

IV Environment

IV Regime
Normal
IV vs VIX
IV 49% far above VIX 19% - elevated premium
Favorable?
Yes

Term structure: Front-end skew extreme (1d call IV 91%); contango from 4d onward

⚠️1d call IV 91.64% signals high demand; manage gamma risk

Pin Risk Assessment

Spot vs MP: Below

GEX regime: Trending ($-33.4M)

OI concentrations: Call OI wall $450-$525; max pain $378/$380/$372; no heavy put OI below spot

Verdict: Spot below max pain; pin risk moderate but call wall distant

Premium Opportunities

#1
Put credit spread
Sell 2026-07-31 $325.00/$320.00 put spread
Sell $325/$320 put spread to collect premium with limited downside risk.
Credit: $1.26-$1.54
Max loss: $3.46
BE: $323.46
Mgmt: Exit if spot breaks below $332 invalidation; consider managing at 50% max profit.
#2
Covered call
Buy shares + sell 2026-07-24 $375.00 call
Buy shares and sell $375 call to generate income with upside cap.
Credit: $6.10-$7.45
Max loss: Stock downside to $0 less call premium
BE: $345.38
Mgmt: Monitor short gamma risk; may roll call up if stock rallies.

Risk Alerts

!High short gamma (-$33.4M GEX) increases sensitivity
!Spot 6.5% below max pain - adverse pin move possible
!Elevated IV near expiration amplifies delta risk
How to Use These Reports
This theta reflects the market close on June 25, 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.