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

Analyze the complete APP 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 APP.

Latest Data: 2026-02-06 (EDT)
Max Pain Price
555
Exp: 2026-02-06
Gamma Flip
485.82
Gamma Flip (≈60 days)
Put/Call OI Ratio
1.857
Shows put vs call positioning
IV Skew
-4.55
Put–call IV difference
Max Pain Price Volatility
σ = 91.11
high volatility
Confidence 100%

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 -0.462(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 continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-02-20 options expiry. 100% confidence

The support levels for APP are at 381.06, 351.12, and 124.45, while the resistance levels are at 432.38, 462.32, and 688.99. The pivot point, a key reference price for traders, is at 555.00.

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 bearish (-0.30), pin strength 0.90.


Based on same-day expiring options (0DTE), the ATM straddle implies an 4.52% standardized 1-day equivalent move, serving as an intraday volatility reference.


The implied intraday range is approximately 395.55 461.19 , corresponding to +13.39% / -2.75% .

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 489.81 (20.43% above spot).

Bearish positioning points to downside pressure toward 394.09 (3.11% below spot).


Options flow strength: 0.89 (0–1 scale). ATM Strike: 407.50, Call: 1.07, Put: 17.30, Straddle Cost: 18.38.


Market signals are mixed and less reliable. The short-term gamma flip is near 398.42 , with intermediate positioning around 485.82 . The mid-term gamma flip remains near 488.81.