ThetaOwl

NOW

ServiceNow, Inc.Close $83.00EOD only
Max Pain
$104.00
Next expiry Apr 17, 2026
Expected Move
±$6.03
7.3% from close
Price Gap
+21.00
Distance to max pain
IV Rank
100
High premium
P/C OI
0.83
Slightly call-heavy
Consensus
6.0/10
Bearish tilt
Published snapshot: Apr 10, 2026 close
End-of-day snapshot

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

Published Snapshot
Apr 10, 2026 close
NOW AI Consensus Report
Analysis based on market close April 10, 2026

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

Conviction
6.0

out of 10

Score 6 because multiple independent signals (GEX, net premium outflow and spot vs midpoint) align on downside, but conviction is capped by a near-term earnings binary and elevated IV term structure that could rapidly flip realized direction or reward/invalidate premium-selling — so tactical, size-constrained execution is prudent.

Where Perspectives Agree

Consensus is a tactical bearish bias into earnings: positioning, negative dealer gamma and net premium outflow favor downside pressure inside the $76.97–$89.03 band while elevated pre-earnings IV makes selling defined-risk downside attractive if timed before the event.

Where They Diverge

Earnings-term risk creates an explicit conflict: the directional/flow signals incentivize short-premium exposure now, but the earnings persona warns the event is a binary re-pricer that can overwhelm current positioning — this undermines aggressive short-gamma or large-size credit trades. Theta recommends premium capture, but that clashes with earnings' advice to shrink size or move expiration to avoid the binary.

Top Trade
via directional

Sell 2026-04-17 $85/$80 put spread for a credit (defined-risk put spread pre-earnings).

Key Risk

A decisive break and daily close below the $76.97 EM guardrail (sustained below on higher volume) invalidates the bearish pin/support thesis — it flips gamma/flow, removes short-premium room and would likely accelerate downside toward the next structural support near $70.

Read the AI Analyst Consensus for NOW for 2026-04-10. This synthesis report combines directional, theta, flow, and earnings perspectives into one conviction view with setup, trigger, and invalidation context.