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

Analyze the complete BULL 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 BULL.

Latest Data: 2026-08-17 (EDT)
Max Pain Price
12.5
Exp: 2026-08-21
Gamma Flip
7.05
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.173
Shows put vs call positioning
IV Skew
3.48
Put–call IV difference
Max Pain Price Volatility
σ = 5.35
medium volatility
Confidence 62%

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

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 0.8(neutral). ⏳ Neutral accumulation, DPI neutral, but makers are actively building positions.

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 remain relatively smooth. 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 BULL are at 8.09, 7.99, and 7.56, while the resistance levels are at 8.23, 8.33, and 8.76. The pivot point, a key reference price for traders, is at 12.50.

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

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 4.50% 1-day move.


The expected range for the next 4 days is 7.78 8.90 , corresponding to +9.07% / -4.72% .

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 9.31 (14.03% above spot).

Bearish positioning points to downside pressure toward 7.63 (6.45% below spot).


Options flow strength: 0.72 (0–1 scale). ATM Strike: 8.00, Call: 0.45, Put: 0.29, Straddle Cost: 0.73.


Price moves are likely to stay range-bound. The short-term gamma flip is near 7.21 , with intermediate positioning around 7.05 . The mid-term gamma flip remains near 7.05.