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

Analyze the complete AZO 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 AZO.

Latest Data: 2026-10-01 (EDT)

Max Pain Price

2900

Exp: 2026-10-16

Gamma Flip

2898.85

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.917

Shows put vs call positioning

IV Skew

-5.80

Put–call IV difference

Max Pain Price Volatility

σ = 120.00

high volatility

Confidence 62%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options data shows a moderate bullish tilt. There is some directional support, though momentum remains limited. 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 -0.685(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..

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 are moderately choppy. Price action is strongly influenced by existing options constraints. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-10-16 options expiry. 100% confidence

The support levels for AZO are at 2636.36, 2423.24, and 1675.10, while the resistance levels are at 3001.70, 3214.82, and 3962.96. The pivot point, a key reference price for traders, is at 2900.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 15)

Based on the latest options positioning (DTE 15), the ATM straddle implies a standardized 1.29% 1-day move.

The expected range for the next 15 days is 2752.00 — 2933.35 , corresponding to +4.06% / -2.38% .

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 2990.13 (6.07% above spot).

Bearish positioning points to downside pressure toward 2722.70 (3.42% below spot).

Options flow strength: 0.97 (0–1 scale). ATM Strike: 2820.00, Call: 70.40, Put: 70.75, Straddle Cost: 141.15.

Price moves may extend once a direction forms. The short-term gamma flip is near 2908.61 , with intermediate positioning around 2898.85 . The mid-term gamma flip remains near 2938.97.