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.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

142

Exp: 2026-03-27

Gamma Flip

133.17

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.029

Shows put vs call positioning

IV Skew

-1.22

Put–call IV difference

Max Pain Price Volatility

σ = 13.86

high volatility

Confidence 85%

Near-Term Options-Derived Market Structure

NEUTRAL OUTLOOK

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a high-confidence neutral environment. Dealer positioning and volatility suppression suggest a stable range-bound setup rather than a directional move. 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 0.512(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 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 2026-04-17 options expiry. 100% confidence

The support levels for ANET are at 133.09, 130.22, and 117.56, while the resistance levels are at 136.93, 139.80, and 152.46. The pivot point, a key reference price for traders, is at 142.00.

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

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 2.30% 1-day move.

The expected range for the next 2 days is 131.12 — 138.08 , corresponding to +2.27% / -2.88% .

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 139.12 (3.04% above spot).

Bearish positioning points to downside pressure toward 129.48 (4.10% below spot).

Options flow strength: 0.75 (0–1 scale). ATM Strike: 135.00, Call: 2.10, Put: 2.29, Straddle Cost: 4.39.

Price moves are likely to stay range-bound. The short-term gamma flip is near 132.72 , with intermediate positioning around 133.17 . The mid-term gamma flip remains near 132.75.