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XLE

Energy Select Sector SPDRClose $57.57EOD only
Max Pain
$57.00
Next expiry May 15, 2026
Expected Move
±$1.22
2.1% from close
Price Gap
-0.57
Distance to max pain
IV Rank
14
Low premium
P/C OI
1.73
Slightly put-heavy
Consensus
5.5/10
Consensus signal
Published snapshot: May 12, 2026 close
End-of-day snapshot

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

Published Snapshot
May 12, 2026 close
XLE AI Consensus Report
Analysis based on market close May 13, 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 mixed flow and high put OI ratio undermine the pure bullish thesis; not 6 because gamma pinning and time decay favor defined-risk plays.

Where Perspectives Agree

Bullish pin near $57 with dealer gamma support, but upside capped at $60 resistance and downside risk from heavy put concentration.

Where They Diverge

Flow shows net premium positive but put/call OI ratio of 1.75 indicates heavy hedging, conflicting with directional bullish continuation and potentially amplifying any break below $57.

Top Trade
via theta

Sell June 5 $56/$53.5 put spread for $0.85 credit

Key Risk

Break below $57 gamma flip point triggers dealer long gamma and accelerates downside to $55 support; heavy put volume at $55.5 and $58.5 confirms hedging.

How to Use These Reports
This ai consensus reflects the market close on May 13, 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.