WhaleQuant.io

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

Analyze the complete BCS 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 BCS.

Latest Data: 2026-03-25 (EDT)
Max Pain Price
20
Exp: 2026-04-17
Gamma Flip
22.07
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.650
Shows put vs call positioning
IV Skew
-5.02
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 0.29(bullish). Bullish, 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 are moderately choppy. Options constraints exert a moderate influence on price behavior. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-06-18 options expiry. 90% confidence

The support levels for BCS are at 20.98, 20.75, and 19.84, while the resistance levels are at 21.30, 21.53, and 22.44. The pivot point, a key reference price for traders, is at 20.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 23)

Based on the latest options positioning (DTE 23), the ATM straddle implies a standardized 1.97% 1-day move.


The expected range for the next 23 days is 20.35 22.43 , corresponding to +6.09% / -3.74% .

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 23.23 (9.89% above spot).

Bearish positioning points to downside pressure toward 19.92 (5.77% below spot).


Options flow strength: 0.71 (0–1 scale). ATM Strike: 21.00, Call: 1.10, Put: 0.90, Straddle Cost: 2.00.


Price moves may extend once a direction forms. The short-term gamma flip is near 22.08 , with intermediate positioning around 22.07 . The mid-term gamma flip remains near 21.46.