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XLE

Energy Select Sector SPDRClose $59.49EOD only
Max Pain
$59.00
Next expiry May 29, 2026
Expected Move
±$2.05
3.5% from close
Price Gap
-0.49
Distance to max pain
IV Rank
49
Middle-high premium
P/C OI
1.84
Slightly put-heavy
Consensus
8.0/10
Bullish tilt
Published snapshot: May 22, 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 22, 2026 close
XLE AI Consensus Report
Analysis based on market close May 26, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
5.5

out of 10

5.5 not 6.5 because mixed flow and high put/call ratio cloud conviction; not 4.5 because $55 support is a strong consensus invalidation point.

Where Perspectives Agree

Neutral-bullish pin to $59 with dealer short-gamma amplifying moves; key support at $55 gamma flip.

Where They Diverge

Heavy put OI (1.85 ratio) and unusual call buying at $62/$65 contradict a simple pin thesis, suggesting heightened uncertainty and potential breakout beyond $59.

Top Trade
via theta

Sell Jun 18 $55/$54 put spread for $0.30 credit.

Key Risk

Break below $55 gamma flip invalidates bullish thesis; downside accelerates to $54 or lower as dealer short gamma amplifies selling.

How to Use These Reports
This ai consensus reflects the market close on May 26, 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.