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XLF

Financial Select Sector SPDRClose $51.73EOD only
Max Pain
$51.00
Next expiry May 22, 2026
Expected Move
±$0.52
1.0% from close
Price Gap
-0.73
Distance to max pain
IV Rank
6
Low premium
P/C OI
1.60
Slightly put-heavy
Consensus
4.5/10
Consensus signal
Published snapshot: May 21, 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 21, 2026 close
XLF AI Consensus Report
Analysis based on market close May 21, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
4.5

out of 10

4.5 not 5.5 because the bearish flow signal directly contradicts the directional bullish bias, and the short gamma regime increases whipsaw risk.

Where Perspectives Agree

Dealer short gamma amplifies moves, while mixed flow and elevated put buying create pin risk near $51.

Where They Diverge

Flow sees aggressive put buying near $51.50 as bearish, contradicting directional's bullish continuation thesis above $51.

Top Trade
via theta

Sell 2026-06-26 $50.50 put / buy 2026-08-21 $50.00 put for net credit of $0.30

Key Risk

Break below $51 support flips dealer gamma from short to long, accelerating downside toward $50.

How to Use These Reports
This ai consensus reflects the market close on May 21, 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.