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

Analyze the complete ALL 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 ALL.

Latest Data: 2026-08-28 (EDT)
Max Pain Price
240
Exp: 2026-09-18
Gamma Flip
263.77
Gamma Flip (≈60 days)
Put/Call OI Ratio
1.148
Shows put vs call positioning
IV Skew
-0.13
Put–call IV difference
Max Pain Price Volatility
σ = 14.65
high volatility
Confidence 35%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

A slight bearish tilt is visible, though the signal is weak and insufficient for a strong directional call. 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: 100%

Current DPI is 0.646(bullish). Bullish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions are moderately choppy. Price action is strongly influenced by existing options constraints. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-09-18 options expiry. 100% confidence

The support levels for ALL are at 259.07, 256.82, and 251.75, while the resistance levels are at 262.09, 264.34, and 269.41. The pivot point, a key reference price for traders, is at 240.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 21)

Based on the latest options positioning (DTE 21), the ATM straddle implies a standardized 0.93% 1-day move.


The expected range for the next 21 days is 251.19 270.69 , corresponding to +3.88% / -3.60% .

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 276.57 (6.13% above spot).

Bearish positioning points to downside pressure toward 245.79 (5.68% below spot).


Options flow strength: 0.84 (0–1 scale). ATM Strike: 260.00, Call: 5.15, Put: 6.00, Straddle Cost: 11.15.


Price moves may extend once a direction forms. The short-term gamma flip is near 264.64 , with intermediate positioning around 263.77 . The mid-term gamma flip remains near 263.77.