thetaOwl

NOW

ServiceNow, Inc.Close $103.30EOD only
Max Pain
$95.00
Next expiry May 22, 2026
Expected Move
±$4.92
4.8% from close
Price Gap
-8.30
Distance to max pain
IV Rank
55
Middle-high premium
P/C OI
0.72
Slightly call-heavy
Consensus
7.0/10
Bullish tilt
Published snapshot: May 20, 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 20, 2026 close
NOW AI Consensus Report
Analysis based on market close May 15, 2026

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

You are viewing an older report from May 15, 2026. A newer ai consensus report is available for May 20, 2026.

View latest report
Conviction
7.5

out of 10

7.5 not 9 because earnings are far out (Jul 22) introducing time decay and uncertainty, and VIX at 18 adds macro risk; if spot holds above $92 through next week, conviction rises to 9.

Where Perspectives Agree

Bullish bias with pin near $92 supported by positive GEX ($91.2M), flow accumulation, and max pain attraction; upside to $95-$100 if resistance breaks.

Where They Diverge

Directional bullish drift above $92 conflicts with theta's range-bound iron condor strategy expecting containment below $100; flow's aggressive call buying at $93-$97 signals upward momentum that undermines the range thesis.

Top Trade
via theta

Sell May 22 $88/$86 put spread for $0.85 credit — defined risk, bullish theta play, expires before significant decay.

Key Risk

Break below $88 support invalidates the pin thesis, triggering dealer gamma long and accelerating selloff to $86 and below.

How to Use These Reports
This ai consensus reflects the market close on May 15, 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.