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XLE

Energy Select Sector SPDRClose $55.55EOD only
Max Pain
$57.50
Next expiry Jun 18, 2026
Expected Move
±$1.11
2.0% from close
Price Gap
+1.95
Distance to max pain
IV Rank
97
High premium
P/C OI
1.73
Slightly put-heavy
Consensus
7.0/10
Bearish tilt
Published snapshot: Jun 15, 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
Jun 15, 2026 close
XLE AI Consensus Report
Analysis based on market close June 16, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
5.0

out of 10

5 not 6 because while flow and theta align bullishly, directional's bearish case and mixed flow (high put/call OI) reduce confidence; break below $55 invalidates bullish thesis.

Where Perspectives Agree

All perspectives identify $55 as critical pivot; dealer negative gamma and high OI at $55 suggest a pin, but bullish flow (heavy call buying) and theta's short put imply slight upside bias within range.

Where They Diverge

Directional's bearish lean contradicts theta's bullish short put and flow's call accumulation; directional sees downside to $54.46, others expect $55 support, creating uncertainty.

Top Trade
via theta

Sell 2026-07-10 $53/$51.5 put spread for $0.50 credit — defined risk, profits from pin above $53, aligns with flow call buying and theta's short vol.

Key Risk

Break below $55 flips dealer gamma from negative to positive, removing pin support and accelerating downside to $54.46; invalidates all bullish positioning.

How to Use These Reports
This ai consensus reflects the market close on June 16, 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.