thetaOwl

NOW

ServiceNow, Inc.Close $100.14EOD only
Max Pain
$95.00
Next expiry Apr 24, 2026
Expected Move
±$10.00
10.0% from close
Price Gap
-5.14
Distance to max pain
IV Rank
67
High premium
P/C OI
0.85
Slightly call-heavy
Consensus
6.0/10
Consensus signal
Published snapshot: Apr 21, 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 21, 2026 close
NOW AI Consensus Report
Analysis based on market close April 22, 2026

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

Conviction
6.0

out of 10

6 because dealer gamma + concentrated max-pain produce a strong mechanical bias but elevated earnings/event vol and the non-trivial gap-down gamma-flip tail keep certainty below high levels.

Where Perspectives Agree

Market is pinned toward $98 over the short-term with dealer gamma creating a damped, bullish skew; front-week/high-vol environment makes defined-risk, premium-rich plays the natural edge.

Where They Diverge

Theta persona favours short premium into pin while Earnings signals (high vol, event risk) argue for buying volatility around the event—those two views directly oppose each other; additionally, a rapid gap-down would flip dealer gamma and invalidate both the pin and short-premium profitability, so flow and directional are aligned but conditional on no gap event.

Top Trade
via directional

Sell May 08 $100/$98 put spread for a credit (defined-risk directional/premium sell).

Key Risk

A gap below $85 triggered by a large sell flow or negative earnings surprise flips dealer gamma to net-short, removes the pin, and accelerates downside toward the $75-$80 gap-fill region, invalidating short-premium and pin-based trades.

How to Use These Reports
This ai consensus reflects the market close on April 22, 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.