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: 2026-10-13 (EDT)

Max Pain Price

175

Exp: 2026-11-20

Gamma Flip

161.71

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.646

Shows put vs call positioning

IV Skew

-6.34

Put–call IV difference

Max Pain Price Volatility

σ = 49.47

high volatility

Confidence 88%

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 -0.218(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 2027-01-15 options expiry. 100% confidence

The support levels for AZN are at 153.63, 151.07, and 144.51, while the resistance levels are at 158.01, 160.57, and 167.13. The pivot point, a key reference price for traders, is at 175.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 38)

Based on the latest options positioning (DTE 38), the ATM straddle implies a standardized 1.38% 1-day move.

The expected range for the next 38 days is 152.74 — 164.86 , corresponding to +5.80% / -1.98% .

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 170.28 (9.28% above spot).

Bearish positioning points to downside pressure toward 151.38 (2.85% below spot).

Options flow strength: 0.81 (0–1 scale). ATM Strike: 155.00, Call: 7.95, Put: 5.30, Straddle Cost: 13.25.

Price moves are likely to stay range-bound. The short-term gamma flip is near 109.07 , with intermediate positioning around 161.71 . The mid-term gamma flip remains near 153.20.