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

Analyze the complete APA 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 APA.

Latest Data: 2026-07-14 (EDT)

Max Pain Price

42.5

Exp: 2026-07-17

Gamma Flip

32.90

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.435

Shows put vs call positioning

IV Skew

-7.19

Put–call IV difference

Max Pain Price Volatility

σ = 5.44

medium 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 0.602(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 remain relatively smooth. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-07-17 options expiry. 100% confidence

The support levels for APA are at 34.28, 33.90, and 32.51, while the resistance levels are at 34.78, 35.16, and 36.55. The pivot point, a key reference price for traders, is at 42.50.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 3)

Based on the latest options positioning (DTE 3), the ATM straddle implies a standardized 2.29% 1-day move.

The expected range for the next 3 days is 32.87 — 36.46 , corresponding to +5.60% / -4.80% .

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 37.61 (8.92% above spot).

Bearish positioning points to downside pressure toward 31.94 (7.50% below spot).

Options flow strength: 0.70 (0–1 scale). ATM Strike: 34.50, Call: 0.62, Put: 0.75, Straddle Cost: 1.37.

Price moves are likely to stay range-bound. The short-term gamma flip is near 33.03 , with intermediate positioning around 32.90 . The mid-term gamma flip remains near 32.89.