ANET Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete ANET 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 ANET.
Near-Term Options-Derived Market Structure
BEARISH BIAS
Reflecting options positioning and volatility conditions over the coming sessions.
The options structure indicates a clear bearish tilt. Several major factors align to the downside, suggesting elevated short-term downside risk. 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: 67%
Current DPI is 0.803(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 are elevated, implying wider and less stable price swings. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-10-02 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 1)
Expiry 2026-10-02 (DTE 1): Pinning structure with suppressed volatility. Option flow bias is neutral (-0.20), pin strength 0.70.
Based on the latest options positioning (DTE 1), the ATM straddle implies a standardized 2.06% 1-day move.
The expected range for the next 1 days is 199.83 — 207.52 , corresponding to +1.48% / -2.28% .
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 208.11 (1.77% above spot).
Bearish positioning points to downside pressure toward 198.04 (3.15% below spot).
Options flow strength: 0.74 (0–1 scale). ATM Strike: 205.00, Call: 2.06, Put: 2.15, Straddle Cost: 4.21.
Price moves are likely to stay range-bound. The short-term gamma flip is near 198.10 , with intermediate positioning around 195.76 . The mid-term gamma flip remains near 195.70.