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

Analyze the complete AON 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 AON.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

340

Exp: 2026-04-17

Gamma Flip

351.02

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.798

Shows put vs call positioning

IV Skew

2.52

Put–call IV difference

Max Pain Price Volatility

σ = 8.73

medium volatility

Confidence 75%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options market shows a strong bullish alignment. Multiple key factors point firmly to the upside, supported by dealer flows and positioning. Options Chian

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 67%

Current DPI is -0.536(bearish). Bearish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

The market is positioned near a structural transition zone, where options exposure may shift the prevailing trading regime. Volatility conditions are moderately choppy. Options constraints exert a moderate influence on price behavior. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2026-04-17 options expiry. 90% confidence

The support levels for AON are at 319.68, 317.02, and 310.52, while the resistance levels are at 323.22, 325.88, and 332.38. The pivot point, a key reference price for traders, is at 340.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 23)

Based on the latest options positioning (DTE 23), the ATM straddle implies a standardized 1.23% 1-day move.

The expected range for the next 23 days is 313.65 — 335.39 , corresponding to +4.34% / -2.43% .

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 344.41 (7.14% above spot).

Bearish positioning points to downside pressure toward 309.32 (3.77% below spot).

Options flow strength: 0.70 (0–1 scale). ATM Strike: 320.00, Call: 10.60, Put: 8.35, Straddle Cost: 18.95.

Price moves may extend once a direction forms. The short-term gamma flip is near 361.49 , with intermediate positioning around 351.02 . The mid-term gamma flip remains near 350.85.