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XLF

Financial Select Sector SPDRClose $51.66EOD only
Max Pain
$51.00
Next expiry May 22, 2026
Expected Move
±$0.59
1.1% from close
Price Gap
-0.66
Distance to max pain
IV Rank
4
Low premium
P/C OI
1.64
Slightly put-heavy
Consensus
5.0/10
Upside lean
Published snapshot: May 20, 2026 close
End-of-day snapshot

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

Published Snapshot
May 20, 2026 close
XLF AI Consensus Report
Analysis based on market close May 20, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
5.0

out of 10

5 not higher because two bullish personas (5.5 each) are offset by a bearish theta (2.0) and low overall alignment; 5 not lower because flow shows institutional call buying.

Where Perspectives Agree

All personas see $51 as a critical support with upside bias to $52-$54, but negative gamma and high put OI create fragility.

Where They Diverge

Theta's protective put verdict (expecting downside) directly contradicts the bullish tilt from Directional and Flow, creating a split on direction.

Top Trade
via directional

Buy 2026-06-05 $52/$53 bull call spread for $0.45 debit — defined risk, benefits from upside to $52.25, expires after May expiry.

Key Risk

Break below $51 flips dealer gamma long and triggers put hedging — downside accelerates to $49.5.

How to Use These Reports
This ai consensus reflects the market close on May 20, 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.