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

Analyze the complete BABA 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 BABA.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

150

Exp: 2026-03-27

Gamma Flip

125.40

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.063

Shows put vs call positioning

IV Skew

-3.40

Put–call IV difference

Max Pain Price Volatility

σ = 23.20

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 -0.271(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 elevated, implying wider and less stable price swings. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-03-27 options expiry. 100% confidence

The support levels for BABA are at 128.37, 126.57, and 119.18, while the resistance levels are at 131.37, 133.17, and 140.56. The pivot point, a key reference price for traders, is at 150.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 2)

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.88% 1-day move.

The expected range for the next 2 days is 125.79 — 132.07 , corresponding to +1.69% / -3.14% .

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 132.71 (2.19% above spot).

Bearish positioning points to downside pressure toward 123.96 (4.55% below spot).

Options flow strength: 0.89 (0–1 scale). ATM Strike: 130.00, Call: 1.70, Put: 1.76, Straddle Cost: 3.46.

Price moves are likely to stay range-bound. The short-term gamma flip is near 125.37 , with intermediate positioning around 125.40 . The mid-term gamma flip remains near 125.80.