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

Analyze the complete BR 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 BR.

Latest Data: 2026-08-17 (EDT)
Max Pain Price
170
Exp: 2026-08-21
Gamma Flip
153.37
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.596
Shows put vs call positioning
IV Skew
-0.80
Put–call IV difference
Max Pain Price Volatility
σ = 29.95
high volatility
Confidence 50%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a moderate bearish bias. Downside factors are present but not dominant. 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 0.591(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 2026-08-21 options expiry. 100% confidence

The support levels for BR are at 165.84, 163.44, and 154.29, while the resistance levels are at 169.84, 172.24, and 181.39. The pivot point, a key reference price for traders, is at 170.00.

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

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 1.46% 1-day move.


The expected range for the next 4 days is 157.51 171.87 , corresponding to +2.40% / -6.15% .

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 173.96 (3.65% above spot).

Bearish positioning points to downside pressure toward 150.58 (10.28% below spot).


Options flow strength: 0.69 (0–1 scale). ATM Strike: 170.00, Call: 1.77, Put: 3.12, Straddle Cost: 4.90.


Price moves are likely to stay range-bound. The short-term gamma flip is near 152.31 , with intermediate positioning around 153.37 . The mid-term gamma flip remains near 153.37.