thetaOwl

TLT

iShares 20+ Year Treasury Bond ETFClose $83.02EOD only
Max Pain
$84.00
Next expiry May 20, 2026
Expected Move
±$0.55
0.7% from close
Price Gap
+0.98
Distance to max pain
IV Rank
34
Middle-high premium
P/C OI
0.77
Slightly call-heavy
Consensus
7.0/10
Bullish tilt
Published snapshot: May 19, 2026 close
End-of-day snapshot

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

Published Snapshot
May 19, 2026 close
Consensus-ledMay 19, 2026 close7.0/10 conviction

AI Consensus

Bias
Bullish
Neutral to slightly bullish
Best Fit
Defined risk

Buy 2026-06-05 $84

Key Levels
84 / 83 / 84
Magnet / spot / breakout
Main Risk
Event sensitivity

Break below $80 flips dealer gamma long and triggers stop-loss cascade — downside accelerates to $78 gap fill

One-line synthesis

Bullish tilt

Highest-conviction setup

Buy 2026-06-05 $84

Main disagreement

Directional recommends buying call spreads (premium long) while theta warns IV is too low to justify buying premium, suggesting waiting ins…

Persona support grid

Earnings

Event premium and IV crush

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Contribution

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Full Report

Coverage for this persona has not published yet.

Not available yet
How to Use These Reports
This hub collects the active report lenses so you can compare how each persona reads the same market-close snapshot.
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.