BTDR Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete BTDR 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 BTDR.
Near-Term Options-Derived Market Structure
BULLISH BIAS
Reflecting options positioning and volatility conditions over the coming sessions.
The options data shows a moderate bullish tilt. There is some directional support, though momentum remains limited. 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: 60%
Current DPI is -0.629(neutral). Neutral consolidation, trend and momentum are indistinct. From the current DPI structure, dealers appear largely neutral, suggesting limited willingness to reinforce directional price moves..
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 continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-10-16 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 2)
Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 4.54% 1-day move.
The expected range for the next 2 days is 7.89 — 9.84 , corresponding to +20.27% / -3.60% .
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 11.12 (35.96% above spot).
Bearish positioning points to downside pressure toward 7.81 (4.47% below spot).
Options flow strength: 0.54 (0–1 scale). ATM Strike: 8.00, Call: 0.35, Put: 0.17, Straddle Cost: 0.52.
Market signals are mixed and less reliable. The short-term gamma flip is near 5.58 . The mid-term gamma flip remains near 11.67.