thetaOwl

NOW

ServiceNow, Inc.Close $102.12EOD only
Max Pain
$99.00
Next expiry May 29, 2026
Expected Move
±$4.93
4.8% from close
Price Gap
-3.12
Distance to max pain
IV Rank
49
Middle-high premium
P/C OI
0.79
Slightly call-heavy
Consensus
7.0/10
Bullish tilt
Published snapshot: May 27, 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
May 27, 2026 close
NOW AI Consensus Report
Analysis based on market close April 17, 2026

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

You are viewing an older report from April 17, 2026. A newer ai consensus report is available for May 26, 2026.

View latest report
Conviction
6.0

out of 10

6 because gamma alignment and theta appetite favor the pin and defined-risk selling, but mixed institutional flow and the imminent earnings binary create credible one-way break risk that prevents a higher score.

Where Perspectives Agree

Dealer long-gamma is pinning price near the mid/high-90s providing a bullish mean-reversion bias that favors premium-selling and defined-risk bearish call structures into the near-term without a fresh upside catalyst.

Where They Diverge

Flow shows pockets of institutional accumulation and aggressive buy-side prints pushing skew and one-touch upside bets, which directly contradict the pinning/dealer-dominated neutral-to-mild-bull thesis and raises the chance of an upside break that would blow out short-dated sellers.

Top Trade
via theta

Sell May 01 $100/$103 call spread for ~$0.60 credit (defined-risk, pre-earnings, short calls to monetize pin)

Key Risk

Break below $85 (daily close) flips dealer gamma long to short, removes the pin and triggers a cascading sell-off toward $75 support within days.

How to Use These Reports
This ai consensus reflects the market close on April 17, 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.