CDNS Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete CDNS 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 CDNS.
Near-Term Options-Derived Market Structure
NEUTRAL OUTLOOK
Reflecting options positioning and volatility conditions over the coming sessions.
The options structure reflects a high-confidence neutral environment. Dealer positioning and volatility suppression suggest a stable range-bound setup rather than a directional move. 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: 67%
Current DPI is -0.205(strong-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 moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-09-18 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)
Expiry 2026-08-28 (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 1.30% standardized 1-day equivalent move, serving as an intraday volatility reference.
The implied intraday range is approximately 324.39 — 360.24 , corresponding to +5.83% / -4.70% .
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 373.90 (9.84% above spot).
Bearish positioning points to downside pressure toward 313.73 (7.83% below spot).
Options flow strength: 0.67 (0–1 scale). ATM Strike: 340.00, Call: 2.88, Put: 1.55, Straddle Cost: 4.42.
Price moves are likely to stay range-bound. The short-term gamma flip is near 299.96 , with intermediate positioning around 300.29 . The mid-term gamma flip remains near 301.04.