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SPY

SPDR S&P 500 ETFClose $759.97EOD only
Max Pain
$766.00
Next expiry Oct 26, 2026
Expected Move
±$6.07
0.8% from close
Price Gap
+6.03
Distance to max pain
IV Rank
14
Low premium
P/C OI
2.31
Slightly put-heavy
Consensus
7.0/10
Upside lean
Published snapshot: Oct 23, 2026 close
End-of-day snapshot

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

Published Snapshot
Oct 23, 2026 close
SPY AI Consensus Report
Analysis based on market close June 12, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
7.0

out of 10

7 not 8 because while flow and directional align on upside, low VIX and tight range make a breakout less likely; 6 would underweight the strong flow signal.

Where Perspectives Agree

All personas converge on pinning near $740 with slight upside bias, supported by low vol, positive GEX, and flow accumulation.

Where They Diverge

Flow's massive bullish call buying ($847M) contradicts theta's range-bound thesis — if flow breaks resistance, short premium trades suffer.

Top Trade
via theta

Sell 2026-07-10 $735/$733 put credit spread for $0.50 credit — defined risk, profits from pin at support.

Key Risk

Break below $735 invalidates all — heavy put OI amlifies downside, GEX flips negative, and theta invalidation triggered, accelerating decline to $720.

How to Use These Reports
This ai consensus reflects the market close on June 12, 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.