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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: 2026-07-14 (EDT)
Max Pain Price
190
Exp: 2026-07-17
Gamma Flip
177.17
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.971
Shows put vs call positioning
IV Skew
-2.48
Put–call IV difference
Max Pain Price Volatility
σ = 54.55
high volatility
Confidence 75%

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 -0.744(bearish). Bearish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

The market is positioned near a structural transition zone, where options exposure may shift the prevailing trading regime. Volatility conditions remain relatively smooth. Options constraints exert a moderate influence on price behavior. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2026-07-17 options expiry. 100% confidence

The support levels for AZN are at 161.49, 157.97, and 143.93, while the resistance levels are at 167.51, 171.03, and 185.07. The pivot point, a key reference price for traders, is at 190.00.

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

Based on the latest options positioning (DTE 3), the ATM straddle implies a standardized 1.46% 1-day move.


The expected range for the next 3 days is 158.81 179.19 , corresponding to +8.93% / -3.46% .

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 190.56 (15.84% above spot).

Bearish positioning points to downside pressure toward 155.11 (5.71% below spot).


Options flow strength: 0.58 (0–1 scale). ATM Strike: 165.00, Call: 2.70, Put: 1.45, Straddle Cost: 4.15.


Price moves may extend once a direction forms. The short-term gamma flip is near 177.43 , with intermediate positioning around 177.17 . The mid-term gamma flip remains near 177.19.