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

Analyze the complete AZN 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 AZN.

Latest Data: 2026-02-06 (EDT)

Max Pain Price

Exp: 2026-02-20

Gamma Flip

155.13

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.005

Shows put vs call positioning

IV Skew

7.56

Put–call IV difference

Max Pain Price Volatility

σ = 5.84

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: 85%

Current DPI is 0.408(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 are moderately choppy. 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 AZN are at 189.73, 184.77, and 153.54, while the resistance levels are at 196.33, 201.29, and 232.52. The pivot point, a key reference price for traders, is at 85.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 14)

Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 1.59% 1-day move.

The expected range for the next 14 days is 135.56 — 196.62 , corresponding to +1.86% / -29.77% .

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 198.11 (2.63% above spot).

Bearish positioning points to downside pressure toward 93.06 (51.79% below spot).

Options flow strength: 0.70 (0–1 scale). ATM Strike: 195.00, Call: 4.83, Put: 6.62, Straddle Cost: 11.45.

Market signals are mixed and less reliable. No short-term gamma flip is observed , with intermediate positioning around 155.13 .