thetaOwl

NOW

ServiceNow, Inc.Close $102.15EOD only
Max Pain
$108.00
Next expiry Jun 18, 2026
Expected Move
±$6.43
6.3% from close
Price Gap
+5.85
Distance to max pain
IV Rank
90
High premium
P/C OI
0.82
Slightly call-heavy
Consensus
6.5/10
Bearish tilt
Published snapshot: Jun 12, 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
Jun 12, 2026 close
NOW AI Consensus Report
Analysis based on market close June 15, 2026

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

Conviction
7.0

out of 10

High alignment across perspectives and strong technical setup support a 7, but the conflict between range-bound and breakout narratives, plus high vol risk, prevents a higher score. If spot holds $105 and flow continues, conviction would rise to 8.

Where Perspectives Agree

All personas converge on a bullish pin towards $107 max pain, supported by positive dealer gamma, heavy call accumulation, and premium-selling opportunities in the range.

Where They Diverge

Theta's iron condor targets range-bound price action, but flow's heavy call buying signals potential upside breakout, conflicting with the range assumption. Earnings IV term structure is upward sloping, indicating IV expansion into earnings, which undermines theta's IV decay thesis.

Top Trade
via theta

Sell 2026-07-24 $95/$90 put credit spread for $1.50 credit

Key Risk

Break below $93 (put floor) flips dealer gamma negative, triggering stop-losses and accelerating downside to $88.

How to Use These Reports
This ai consensus reflects the market close on June 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.