thetaOwl

Top Plays

Highest conviction AI synthesis — May 19, 2026

Top Plays Summary

Total Plays
20
Report Date
May 19, 2026
MSFTMicrosoft Corporation
via Theta Gang
BullishConviction: 9/10

Sell 2026-06-18 $395/$390 put credit spread for estimated $2.00 credit — defined risk, profits from bullish pin and time decay, with max pain support.

All four perspectives are strongly bullish on MSFT with dealer long gamma pinning near $418 max pain, supported by heavy bullish call flow and favorable IV environment.

May 19, 2026
METAMeta Platforms, Inc.
via Directional
BullishConviction: 9/10

Buy 2026-07-17 $600/$620 bull call spread for $8.50 debit — captures pinned upside with limited risk.

All perspectives converge on bullish bias with pinning to $608 max pain, supported by positive GEX (+$54M) and heavy call flow (+$103M).

May 19, 2026
GOOGLAlphabet Inc.
via Theta Gang
BullishConviction: 9/10

Sell GOOGL 2026-06-26 $375/$365 put credit spread for ~$2.50 credit

Bullish pinning toward $398 driven by strong dealer gamma, aggressive institutional call buying, and normal vol environment.

May 19, 2026
FXIiShares China Large-Cap ETF
via Directional
BearishConviction: 8.5/10

Buy 2026-06-12 $36.00 put for $2.10 debit

All three personas agree on bearish bias due to negative dealer gamma, bearish flow, and spot below max pain.

May 19, 2026
SMCISuper Micro Computer, Inc.
via Theta Gang
BullishConviction: 8.5/10

Sell 2026-07-17 $30/$26 put spread for $1.00 credit — defined risk, profits from pin above $30, expires before earnings.

All personas converge on a bullish pin near $30-$31, supported by strong call flow, positive GEX, and dealer short-gamma amplifying any directional break.

May 19, 2026
AMZNAmazon.com, Inc.
via Directional
BullishConviction: 8.5/10

Buy June 12 $260/$275 bull call spread for $5.00 debit — targets upside to $265, defined risk, expires before next earnings.

All personas are strongly bullish on AMZN with a pin to $260-$265, supported by positive GEX, heavy call flow, and low IV, anticipating upward drift towards max pain.

May 19, 2026
AAPLApple Inc.
via Theta Gang
BullishConviction: 8/10

Sell 2026-06-26 $290/$275 put spread for $0.85 credit — defined risk, profits from pin above $290.

Bullish pin near $295-$300 with dealer gamma support and strong call flow, supporting upside bias.

May 19, 2026
HYGiShares iBoxx High Yield Corporate Bond ETF
via Directional
BullishConviction: 8/10

Buy 2026-06-05 $79/$77 bear put spread for $0.80 debit — profits from decline to $79, defined risk, and aligns with flow selling pressure.

Bearish pin to $80 with dealer short-gamma amplifying break below $79 support.

May 19, 2026
NFLXNetflix, Inc.
via Theta Gang
BullishConviction: 8/10

Sell 2026-06-18 $89/$84 put spread for ~$0.95 credit — defined risk, profits from pin support, expires before earnings.

Bullish pin to $89-90 supported by dealer gamma, call accumulation, and low IV — all personas agree on upward bias despite market weakness.

May 19, 2026
TSLATesla, Inc.
via Directional
BullishConviction: 8/10

Buy 2026-07-17 $400/$420 bull call spread for $11.75 debit — targets max pain $418 with defined risk.

All four personas reinforce a bullish pin to $418 max pain with high conviction — dealer gamma positive, heavy call flow, and elevated IV support mean reversion upward.

May 19, 2026
XLFFinancial Select Sector SPDR
via Directional
BearishConviction: 8/10

Buy June 5 $51/$49.50 bear put spread for $0.65 debit

All three personas converge on bearish bias with downside acceleration risk below $51, driven by dealer short gamma, negative net flow, and max pain pin.

May 19, 2026
AVGOBroadcom Inc.
via Theta Gang
BullishConviction: 7.5/10

Sell 2026-06-12 $390/$385 put spread and $420/$430 call spread (iron condor) for net credit, targeting $0.65 credit per spread.

All personas converge on a bullish pin near $420, driven by positive GEX, aggressive call buying, and elevated IV supporting premium selling.

May 19, 2026
SOFISoFi Technologies, Inc.
via Theta Gang
BullishConviction: 7.5/10

Sell 2026-06-18 $15/$14 put spread for $0.50 credit

Bullish pin to $16 with dealer gamma support at $15 — all personas expect spot to hold above $15 and drift toward $16.

May 19, 2026
AMDAdvanced Micro Devices, Inc.
via Directional
BullishConviction: 7/10

Buy 2026-06-18 $420/$470 call spread for $4.75 debit

All personas agree on a bullish pin near $415, reinforced by strong dealer gamma, aggressive call flow, and low VIX, with resistance at $438.95.

May 19, 2026
MUMicron Technology, Inc.
via Theta Gang
BullishConviction: 7/10

Sell 2026-06-26 $690/$675 put spread for $0.50 credit — defined risk, profits from pin and theta decay, but expires after earnings, requiring careful management.

All perspectives converge on a bullish-to-neutral pin near $700, supported by dealer positive gamma, high call flow, and elevated IV favoring premium selling. The pin is reinforced by max pain at $700 and expectations of range-bound price action.

May 19, 2026
TLTiShares 20+ Year Treasury Bond ETF
via Directional
BullishConviction: 7/10

Buy 2026-06-05 $84.50/$85.50 call spread for $0.35 debit — defined risk, profits from pin to $84, expires before next catalyst.

Bullish pin toward $84 driven by dealer short-gamma amplifying squeeze, positive flow from unusual call activity, and spot below max pain — all reinforce the same upward bias with resistance overhead.

May 19, 2026
BKNGBooking Holdings Inc. Common St
via Directional
BullishConviction: 7/10

Buy 2026-06-05 $150/$145 bear put spread for $2.50 debit.

All personas confirm bearish bias with downside to $144-$149, supported by negative gamma and net put flow.

May 19, 2026
NVDANVIDIA Corporation
via Theta Gang
BullishConviction: 7/10

Sell 2026-06-12 $220/$215 put spread for $2.00 credit, max risk $3.00, profits from pinning above $220 and IV contraction.

All personas converge on a bullish pin near current levels, supported by strong dealer gamma (GEX +$538M), heavy institutional call flow (net premium +$405M), and elevated front-end IV (73% at 3DTE) creating premium-selling opportunities.

May 19, 2026
PLTRPalantir Technologies Inc.
via Theta Gang
BullishConviction: 7/10

Sell 2026-06-18 $130/$125 put credit spread for $1.20 credit – defined risk, profits from pin and time decay.

All personas see bullish pin to $135 driven by dealer short-gamma, institutional call accumulation at $135/$136, and elevated IV supporting premium selling.

May 19, 2026
SNDKSandisk Corporation
via Directional
BullishConviction: 7/10

Buy 2026-06-18 $1340/$1250 bear put spread for $40 debit, max risk $90.

Bearish bias toward $1330 pin, with dealer gamma support and put flow hedging downside.

May 19, 2026
How to Use Top Plays
This is an AI-ranked shortlist, not a substitute for opening the linked report and checking the underlying data.
What it ranks

Top Plays surfaces the highest-conviction AI-ranked ideas, combining directional, income, flow, and earnings lenses into a shortlist.

How traders use it

Use the list to narrow attention quickly, then open the linked report and cross-check the idea against chain liquidity, expected move, and your own risk limits.

What to remember

A higher conviction score does not make the play universally suitable. It only means the report stack found a cleaner setup than the rest of the day’s universe.

The best use of Top Plays is triage: shortlist first, validate second, size risk last.

Disclaimer: Top Plays are AI-generated analysis based on publicly available options data and are for informational and educational purposes only. They do not constitute financial advice, investment recommendations, or solicitation to buy or sell securities. Options trading involves significant risk and is not suitable for all investors. Always do your own research and consult a qualified financial advisor before making investment decisions. Past performance does not guarantee future results.