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

Analyze the complete CAH 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 CAH.

Latest Data: 2026-02-06 (EDT)
Max Pain Price
225
Exp: 2026-02-06
Gamma Flip
200.87
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.721
Shows put vs call positioning
IV Skew
-3.17
Put–call IV difference
Max Pain Price Volatility
σ = 5.00
low volatility
Confidence 56%

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 0.91(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 moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-02-20 options expiry. 100% confidence

The support levels for CAH are at 224.61, 222.05, and 215.40, while the resistance levels are at 228.03, 230.59, and 237.24. The pivot point, a key reference price for traders, is at 225.00.

Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)

Expiry 2026-02-06 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is neutral (-0.10), pin strength 0.70.


Based on same-day expiring options (0DTE), the ATM straddle implies an 0.00% standardized 1-day equivalent move, serving as an intraday volatility reference.


The implied intraday range is approximately 0.00 0.00 , corresponding to +0.00% / -0.00% .

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 0.00 (0.00% above spot).

Bearish positioning points to downside pressure toward 0.00 (0.00% below spot).


Options flow strength: 0.00 (0–1 scale). ATM Strike: 227.50, Call: 1.48, Put: 0.00, Straddle Cost: 0.00.


Market signals are mixed and less reliable. No short-term gamma flip is observed , with intermediate positioning around 200.87 . The mid-term gamma flip remains near 200.87.