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

Analyze the complete COLB 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 COLB.

Latest Data: 2026-08-28 (EDT)
Max Pain Price
30
Exp: 2026-09-18
Gamma Flip
19.81
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.237
Shows put vs call positioning
IV Skew
1.40
Put–call IV difference
Max Pain Price Volatility
σ = 5.00
low volatility
Confidence 85%

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

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 0.565(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 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 2026-11-20 options expiry. 100% confidence

The support levels for COLB are at 29.95, 29.77, and 29.41, while the resistance levels are at 30.19, 30.37, and 30.73. The pivot point, a key reference price for traders, is at 30.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 21)

Based on the latest options positioning (DTE 21), the ATM straddle implies a standardized 1.02% 1-day move.


The expected range for the next 21 days is 29.92 32.55 , corresponding to +8.26% / -0.48% .

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 35.00 (16.40% above spot).

Bearish positioning points to downside pressure toward 29.97 (0.34% below spot).


Options flow strength: 0.35 (0–1 scale). ATM Strike: 30.00, Call: 0.93, Put: 0.47, Straddle Cost: 1.40.


Short-term moves may occur, but follow-through is uncertain. The short-term gamma flip is near 32.19 , with intermediate positioning around 19.81 . The mid-term gamma flip remains near 24.08.