thetaOwl

NOW

ServiceNow, Inc.Close $96.44EOD only
Max Pain
$95.00
Next expiry Apr 17, 2026
Expected Move
±$2.35
2.4% from close
Price Gap
-1.44
Distance to max pain
IV Rank
100
High premium
P/C OI
0.80
Slightly call-heavy
Consensus
6.0/10
Bearish tilt
Published snapshot: Apr 16, 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 16, 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.

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.

Read the AI Analyst Consensus for NOW for 2026-04-17. This synthesis report combines directional, theta, flow, and earnings perspectives into one conviction view with setup, trigger, and invalidation context.