thetaOwl

NOW

ServiceNow, Inc.Close $99.69EOD only
Max Pain
$95.00
Next expiry May 22, 2026
Expected Move
±$3.17
3.2% from close
Price Gap
-4.69
Distance to max pain
IV Rank
45
Middle-high premium
P/C OI
0.75
Slightly call-heavy
Consensus
5.5/10
Range bias
Published snapshot: May 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
May 21, 2026 close
NOW AI Consensus Report
Analysis based on market close May 21, 2026

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

Conviction
5.5

out of 10

5.5 not 7 because conflicting directional signals between theta (bearish) and flow (neutral with bullish call volume) reduce alignment, despite agreement on pinning; a clear catalyst or breakout would push conviction higher.

Where Perspectives Agree

All personas converge on a pinning scenario near $95-$100 with dealer gamma support and elevated IV offering premium-selling opportunities.

Where They Diverge

Theta advocates bearish put spreads below $95, while flow notes bullish weekly call volume and mixed bias, creating directional ambiguity within the pinning range.

Top Trade
via theta

Sell 2026-06-12 $90.00/$85.00 put credit spread for $1.20 credit — defined risk, profits from pin and time decay, aligned with gamma support.

Key Risk

Break below $92 flips dealer gamma from positive to negative, accelerating decline to $85; invalidates the pin thesis and all premium-selling strategies.

How to Use These Reports
This ai consensus reflects the market close on May 21, 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.