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

Analyze the complete BLSH 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 BLSH.

Latest Data: 2026-08-10 (EDT)

Max Pain Price

23.5

Exp: 2026-08-14

Gamma Flip

22.65

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.824

Shows put vs call positioning

IV Skew

-3.00

Put–call IV difference

Max Pain Price Volatility

σ = 13.67

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 -0.268(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 2026-08-14 options expiry. 100% confidence

The support levels for BLSH are at 24.23, 23.77, and 20.84, while the resistance levels are at 24.85, 25.31, and 28.24. The pivot point, a key reference price for traders, is at 23.50.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 4)

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 4.76% 1-day move.

The expected range for the next 4 days is 23.33 — 25.72 , corresponding to +4.82% / -4.93% .

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 26.14 (6.54% above spot).

Bearish positioning points to downside pressure toward 22.89 (6.74% below spot).

Options flow strength: 0.71 (0–1 scale). ATM Strike: 24.50, Call: 0.86, Put: 1.47, Straddle Cost: 2.33.

Price moves are likely to stay range-bound. The short-term gamma flip is near 24.05 , with intermediate positioning around 22.65 . The mid-term gamma flip remains near 22.65.