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: 2026-07-20 (EDT)

Max Pain Price

Exp: 2026-08-21

Gamma Flip

5.90

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.335

Shows put vs call positioning

IV Skew

6.98

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: 100%

Current DPI is 0.661(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 moderately choppy. Options constraints exert a moderate influence on price behavior. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2027-01-15 options expiry. 100% confidence

The support levels for BBD are at 3.56, 3.53, and 3.43, while the resistance levels are at 3.62, 3.65, and 3.75. The pivot point, a key reference price for traders, is at 4.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 32)

Based on the latest options positioning (DTE 32), the ATM straddle implies a standardized 1.72% 1-day move.

The expected range for the next 32 days is 3.29 — 3.79 , corresponding to +5.62% / -8.37% .

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 4.00 (11.42% above spot).

Bearish positioning points to downside pressure toward 2.95 (17.70% below spot).

Options flow strength: 0.16 (0–1 scale). ATM Strike: 3.50, Call: 0.23, Put: 0.12, Straddle Cost: 0.35.

Market signals are mixed and less reliable. The short-term gamma flip is near 2.51 , with intermediate positioning around 5.90 . The mid-term gamma flip remains near 5.90.