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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: 2026-07-14 (EDT)
Max Pain Price
240
Exp: 2026-07-17
Gamma Flip
193.36
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.597
Shows put vs call positioning
IV Skew
-5.94
Put–call IV difference
Max Pain Price Volatility
σ = 21.51
high volatility
Confidence 52%

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: 100%

Current DPI is 0.784(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 2026-07-17 options expiry. 100% confidence

The support levels for CAH are at 228.17, 225.85, and 219.65, while the resistance levels are at 232.05, 234.37, and 240.57. The pivot point, a key reference price for traders, is at 240.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 3)

Based on the latest options positioning (DTE 3), the ATM straddle implies a standardized 1.43% 1-day move.


The expected range for the next 3 days is 225.67 236.41 , corresponding to +2.74% / -1.93% .

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 239.92 (4.26% above spot).

Bearish positioning points to downside pressure toward 223.60 (2.83% below spot).


Options flow strength: 0.68 (0–1 scale). ATM Strike: 230.00, Call: 3.45, Put: 2.25, Straddle Cost: 5.70.


Short-term moves may occur, but follow-through is uncertain. The short-term gamma flip is near 236.31 , with intermediate positioning around 193.36 . The mid-term gamma flip remains near 191.33.