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

Analyze the complete AMAT 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 AMAT.

Latest Data: 2026-02-06 (EDT)
Max Pain Price
315
Exp: 2026-02-06
Gamma Flip
299.75
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.587
Shows put vs call positioning
IV Skew
-2.14
Put–call IV difference
Max Pain Price Volatility
σ = 44.97
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 0.851(strong-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. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-02-20 options expiry. 100% confidence

The support levels for AMAT are at 312.72, 301.29, and 236.21, while the resistance levels are at 332.30, 343.73, and 408.81. The pivot point, a key reference price for traders, is at 315.00.

Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)

Expiry 2026-02-06 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is neutral (-0.20), pin strength 0.80.


Based on same-day expiring options (0DTE), the ATM straddle implies an 2.11% standardized 1-day equivalent move, serving as an intraday volatility reference.


The implied intraday range is approximately 315.69 330.34 , corresponding to +2.43% / -2.12% .

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 333.36 (3.36% above spot).

Bearish positioning points to downside pressure toward 313.36 (2.84% below spot).


Options flow strength: 0.79 (0–1 scale). ATM Strike: 322.50, Call: 1.62, Put: 5.17, Straddle Cost: 6.80.


Price moves are likely to stay range-bound. The short-term gamma flip is near 303.37 , with intermediate positioning around 299.75 . The mid-term gamma flip remains near 298.67.