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

Analyze the complete ALGN 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 ALGN.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

162.5

Exp: 2026-03-27

Gamma Flip

180.51

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.859

Shows put vs call positioning

IV Skew

-1.07

Put–call IV difference

Max Pain Price Volatility

σ = 13.77

high volatility

Confidence 38%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

A slight bullish tilt is present, but the overall setup remains largely neutral with limited directional reliability. Options Chian

On the put side, the bearish positioning looks mainly like hedging. This reflects caution and short-term protection rather than a true bearish call. Confidence: 83%

Current DPI is 0.621(neutral). ⏳ Neutral accumulation, DPI neutral, but makers are actively building positions.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions remain relatively smooth. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-06-18 options expiry. 100% confidence

The support levels for ALGN are at 178.66, 176.24, and 166.36, while the resistance levels are at 181.88, 184.30, and 194.18. The pivot point, a key reference price for traders, is at 162.50.

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

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.94% 1-day move.

The expected range for the next 2 days is 168.83 — 186.13 , corresponding to +3.25% / -6.35% .

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 189.38 (5.05% above spot).

Bearish positioning points to downside pressure toward 160.91 (10.74% below spot).

Options flow strength: 0.60 (0–1 scale). ATM Strike: 180.00, Call: 2.65, Put: 2.30, Straddle Cost: 4.95.

Short-term moves may occur, but follow-through is uncertain. The short-term gamma flip is near 180.51 , with intermediate positioning around 180.51 . The mid-term gamma flip remains near 163.01.