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

Analyze the complete CCL 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 CCL.

Latest Data: 2026-07-20 (EDT)

Max Pain Price

Exp: 2026-07-24

Gamma Flip

28.32

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.795

Shows put vs call positioning

IV Skew

-0.59

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low volatility

Confidence 50%

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

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 60%

Current DPI is -0.324(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 elevated, implying wider and less stable price swings. Options constraints exert a moderate influence on price behavior. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-09-18 options expiry. 100% confidence

The support levels for CCL are at 25.73, 25.25, and 23.25, while the resistance levels are at 26.35, 26.83, and 28.83. The pivot point, a key reference price for traders, is at 26.00.

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

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 1.98% 1-day move.

The expected range for the next 4 days is 25.66 — 26.97 , corresponding to +3.58% / -1.45% .

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 27.48 (5.54% above spot).

Bearish positioning points to downside pressure toward 25.59 (1.74% below spot).

Options flow strength: 0.67 (0–1 scale). ATM Strike: 26.00, Call: 0.55, Put: 0.48, Straddle Cost: 1.03.

Price moves may extend once a direction forms. The short-term gamma flip is near 26.72 , with intermediate positioning around 28.32 . The mid-term gamma flip remains near 28.33.