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 19, 2026

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

You are viewing an older report from May 19, 2026. A newer ai consensus report is available for May 20, 2026.

View latest report
Conviction
6.5

out of 10

6.5 not 8 because the earnings event creates a binary risk and call walls limit upside, reducing confidence in a sustained rally despite strong positioning alignment.

Where Perspectives Agree

All personas converge on a bullish pin near $93 max pain, supported by positive GEX, heavy call flow, and elevated IV favoring premium selling.

Where They Diverge

Earnings term structure and call OI walls ($110-$150) cap upside, directly contradicting the aggressive bullish breakout thesis from directional and flow perspectives.

Top Trade
via theta

Sell 2026-07-17 $100.00/$95.00 put spread for $1.20 credit — defined risk, profits from pin and time decay, avoids short-dated volatility.

Key Risk

Break below $93 support flips dealer gamma short and triggers stop-loss cascade — downside accelerates to $85 gamma flip level.

How to Use These Reports
This ai consensus reflects the market close on May 19, 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.