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XLE

Energy Select Sector SPDRClose $57.63EOD only
Max Pain
$57.00
Next expiry May 15, 2026
Expected Move
±$0.94
1.6% from close
Price Gap
-0.63
Distance to max pain
IV Rank
15
Low premium
P/C OI
1.75
Slightly put-heavy
Consensus
7.0/10
Bullish tilt
Published snapshot: May 13, 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 13, 2026 close
XLE AI Consensus Report
Analysis based on market close May 14, 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 heavy put OI and mixed flow undermine high upside confidence; not 6 because GEX pinning is strong and IV normal.

Where Perspectives Agree

Bullish pin to $57-58 with dealer gamma support ($101.9M GEX) and Theta's range-bound income opportunity reinforce the thesis.

Where They Diverge

Flow reveals heavy put accumulation at $55-59 (1.74 P/C ratio) for downside hedging, directly contradicting Directional's bullish continuation above $60; Theta's short put invalidation below $56 also conflicts.

Top Trade
via theta

Iron Condor: Sell 2026-06-18 $55/$52.50 put and $62.50/$65 call for ~$1.00 credit

Key Risk

Break below $56 flips dealer gamma from pinning to mixed, invalidates Theta's short put and accelerates downside to $52.5 gamma flip.

How to Use These Reports
This ai consensus reflects the market close on May 14, 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.