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

Analyze the complete CAT 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 CAT.

Latest Data: 2026-09-24 (EDT)

Max Pain Price

810

Exp: 2026-09-25

Gamma Flip

811.59

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.137

Shows put vs call positioning

IV Skew

-5.31

Put–call IV difference

Max Pain Price Volatility

σ = 110.33

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: 83%

Current DPI is 0.35(bullish). Bullish, 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. Price action is strongly influenced by existing options constraints. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-10-16 options expiry. 100% confidence

The support levels for CAT are at 784.00, 759.22, and 675.00, while the resistance levels are at 826.50, 851.28, and 935.50. The pivot point, a key reference price for traders, is at 810.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 1)

Expiry 2026-09-25 (DTE 1): Pinning structure with suppressed volatility. Option flow bias is neutral (0.00), pin strength 0.90.

Based on the latest options positioning (DTE 1), the ATM straddle implies a standardized 2.10% 1-day move.

The expected range for the next 1 days is 790.85 — 832.87 , corresponding to +3.43% / -1.79% .

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 845.81 (5.04% above spot).

Bearish positioning points to downside pressure toward 786.89 (2.28% below spot).

Options flow strength: 0.81 (0–1 scale). ATM Strike: 805.00, Call: 4.55, Put: 12.40, Straddle Cost: 16.95.

Price moves may extend once a direction forms. The short-term gamma flip is near 811.35 , with intermediate positioning around 811.59 . The mid-term gamma flip remains near 811.63.