ADBE Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure

Analyze the complete ADBE options chain including strike-level open interest, real-time implied volatility (IV), max pain levels, gamma exposure, dealer positioning, and options flow trends. This dashboard provides data-driven insights for traders building directional or hedging strategies around ADBE.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

257.5

Exp: 2026-03-27

Gamma Flip

248.77

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.500

Shows put vs call positioning

IV Skew

-5.06

Put–call IV difference

Max Pain Price Volatility

σ = 67.55

high volatility

Confidence 62%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options data shows a moderate bullish tilt. There is some directional support, though momentum remains limited. Options Chian

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 67%

Current DPI is -0.548(neutral). Neutral consolidation, trend and momentum are indistinct. From the current DPI structure, dealers appear largely neutral, suggesting limited willingness to reinforce directional price moves..

Options Terrain Outlook (3-Month)

The market is positioned near a structural transition zone, where options exposure may shift the prevailing trading regime. Volatility conditions are moderately choppy. Options constraints exert a moderate influence on price behavior. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-03-27 options expiry. 90% confidence

The support levels for ADBE are at 231.96, 225.78, and 195.95, while the resistance levels are at 242.54, 248.72, and 278.55. The pivot point, a key reference price for traders, is at 257.50.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 2)

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.87% 1-day move.

The expected range for the next 2 days is 234.26 — 245.78 , corresponding to +3.60% / -1.26% .

Estimated using ATM implied volatility, OTM option flow, and dealer hedging conditions to capture the market-implied price range.

Bullish flow suggests upside interest toward 249.97 (5.36% above spot).

Bearish positioning points to downside pressure toward 233.74 (1.48% below spot).

Options flow strength: 0.84 (0–1 scale). ATM Strike: 237.50, Call: 3.02, Put: 3.25, Straddle Cost: 6.28.

Price moves may extend once a direction forms. The short-term gamma flip is near 248.45 , with intermediate positioning around 248.77 . The mid-term gamma flip remains near 249.10.