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

Analyze the complete BDX 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 BDX.

Latest Data: 2026-07-15 (EDT)

Max Pain Price

145

Exp: 2026-07-17

Gamma Flip

143.25

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.657

Shows put vs call positioning

IV Skew

1.05

Put–call IV difference

Max Pain Price Volatility

σ = 24.13

high 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 0.527(bearish). Bearish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

Options positioning suggests a structurally constrained trading environment, where price movements are more likely to stall or mean-revert rather than extend. Volatility conditions are moderately choppy. Price action is strongly influenced by existing options constraints. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-07-17 options expiry. 100% confidence

The support levels for BDX are at 153.39, 151.61, and 146.14, while the resistance levels are at 156.37, 158.15, and 163.62. The pivot point, a key reference price for traders, is at 145.00.

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

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.71% 1-day move.

The expected range for the next 2 days is 148.16 — 157.02 , corresponding to +1.38% / -4.34% .

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 157.56 (1.73% above spot).

Bearish positioning points to downside pressure toward 143.84 (7.13% below spot).

Options flow strength: 0.62 (0–1 scale). ATM Strike: 155.00, Call: 2.15, Put: 1.60, Straddle Cost: 3.75.

Price moves are likely to stay range-bound. The short-term gamma flip is near 142.36 , with intermediate positioning around 143.25 . The mid-term gamma flip remains near 143.05.