thetaOwl

OPEN

Opendoor Technologies IncClose $4.53EOD only
Max Pain
$4.50
Next expiry May 29, 2026
Expected Move
±$0.32
7.0% from close
Price Gap
-0.03
Distance to max pain
IV Rank
7
Low premium
P/C OI
0.21
Slightly call-heavy
Consensus
6.0/10
Range bias
Published snapshot: May 22, 2026 close
End-of-day snapshot

This page reflects OPEN options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
May 22, 2026 close
OPEN AI Consensus Report
Analysis based on market close April 7, 2026

Consensus-supported lens with chain history and key metrics in the rail.

Conviction
6.0

out of 10

Score 6 because all signals align on a pin and bullish flow, supporting premium-selling and range bias, but conviction is pulled down by a near-term earnings event and elevated ATM IV that can create a binary re-pricing; absent those event risks conviction would be meaningfully higher.

Where Perspectives Agree

Market is pinned around $4.50/$5.00 with dealer short-gamma and call-weighted flow creating a bullish magnet; that configuration favors defined-risk premium selling against the magnet while biasing price to the upside absent a large exogenous shock.

Where They Diverge

Directional/theta recommend selling premium into the pin, but the earnings/IV backdrop (very high near-term ATM vol and an earnings event ~May 7) directly undermines naked premium selling — a post-earnings reprice or IV expansion would make short-premium trades rapidly loss-making. Additionally, the high ATM IV makes delta-leaning directional longs expensive, in conflict with a pure long bias.

Top Trade
via theta

Sell 2026-04-17 4.50/4.00 put spread for a net credit (defined-risk premium sale).

Key Risk

A decisive break and close below $4.00 (breach of the negative GEX bucket) with sustained selling would flip dealer positioning, collapse the pin and accelerate downside toward the $3.50 gap — this level-and-trigger would invalidate the bullish/range thesis and reprice IV up.

How to Use These Reports
This ai consensus reflects the market close on April 7, 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.