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

Analyze the complete BBD 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 BBD.

Latest Data: 2026-02-09 (EDT)

Max Pain Price

4.5

Exp: 2026-02-20

Gamma Flip

4.40

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.048

Shows put vs call positioning

IV Skew

-0.89

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low 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: 67%

Current DPI is 0.542(bearish). Bearish, 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 2026-03-20 options expiry. 100% confidence

The support levels for BBD are at 3.94, 3.89, and 3.72, while the resistance levels are at 4.02, 4.07, and 4.24. The pivot point, a key reference price for traders, is at 4.50.

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

Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 1.68% 1-day move.

The expected range for the next 14 days is 3.71 — 4.10 , corresponding to +3.12% / -6.84% .

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 4.19 (5.23% above spot).

Bearish positioning points to downside pressure toward 3.47 (12.69% below spot).

Options flow strength: 0.41 (0–1 scale). ATM Strike: 4.00, Call: 0.10, Put: 0.15, Straddle Cost: 0.25.

Market signals are mixed and less reliable. The short-term gamma flip is near 2.98 , with intermediate positioning around 4.40 . The mid-term gamma flip remains near 4.40.