ASML Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete ASML 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 ASML.
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 0.88(neutral). Neutral consolidation, trend and momentum are indistinct. From the current DPI structure, dealers appear largely neutral, suggesting limited willingness to reinforce directional price moves.. Trend approaching turning point (Momentum Deceleration) with Low Saturation Gamma saturation
Options Terrain Outlook (3-Month)
Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions are moderately choppy. Structural constraints from options positioning are relatively light. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-07-17 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)
Expiry 2026-06-18 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is neutral (0.00), pin strength 0.70.
Based on same-day expiring options (0DTE), the ATM straddle implies an 0.34% standardized 1-day equivalent move, serving as an intraday volatility reference.
The implied intraday range is approximately 1729.02 — 1976.28 , corresponding to +2.41% / -10.40% .
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 2007.14 (4.01% above spot).
Bearish positioning points to downside pressure toward 1587.97 (17.71% below spot).
Options flow strength: 0.76 (0–1 scale). ATM Strike: 1930.00, Call: 3.45, Put: 3.20, Straddle Cost: 6.65.
Price moves are likely to stay range-bound. The short-term gamma flip is near 1816.48 , with intermediate positioning around 1817.28 . The mid-term gamma flip remains near 1799.53.