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

Analyze the complete CB 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 CB.

Latest Data: 2026-10-01 (EDT)

Max Pain Price

345

Exp: 2026-10-16

Gamma Flip

338.54

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.741

Shows put vs call positioning

IV Skew

-4.28

Put–call IV difference

Max Pain Price Volatility

σ = 16.17

high volatility

Confidence 79%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options market shows a strong bullish alignment. Multiple key factors point firmly to the upside, supported by dealer flows and positioning. 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: 80%

Current DPI is -0.118(strong-bullish). Bullish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

The market is positioned near a structural transition zone, where options exposure may shift the prevailing trading regime. 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. 90% confidence

The support levels for CB are at 329.38, 327.07, and 322.74, while the resistance levels are at 333.22, 335.53, and 339.86. The pivot point, a key reference price for traders, is at 345.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 15)

Based on the latest options positioning (DTE 15), the ATM straddle implies a standardized 0.73% 1-day move.

The expected range for the next 15 days is 326.70 — 341.56 , corresponding to +3.10% / -1.39% .

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 347.83 (4.99% above spot).

Bearish positioning points to downside pressure toward 324.37 (2.09% below spot).

Options flow strength: 0.79 (0–1 scale). ATM Strike: 330.00, Call: 6.05, Put: 3.38, Straddle Cost: 9.43.

Price moves may extend once a direction forms. The short-term gamma flip is near 339.12 , with intermediate positioning around 338.54 . The mid-term gamma flip remains near 338.62.