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

Analyze the complete COLD 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 COLD.

Latest Data: 2026-10-13 (EDT)

Max Pain Price

Exp: 2026-10-16

Gamma Flip

13.30

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.534

Shows put vs call positioning

IV Skew

2.31

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

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 -0.055(neutral). Neutral consolidation, trend and momentum are indistinct. From the current DPI structure, dealers appear largely neutral, suggesting limited willingness to reinforce directional price moves..

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. Options constraints exert a moderate influence on price behavior. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2026-10-16 options expiry. 90% confidence

The support levels for COLD are at 13.86, 13.73, and 13.32, while the resistance levels are at 14.04, 14.17, and 14.58. The pivot point, a key reference price for traders, is at 15.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 3)

Based on the latest options positioning (DTE 3), the ATM straddle implies a standardized 5.07% 1-day move.

The expected range for the next 3 days is 13.01 — 15.32 , corresponding to +9.81% / -6.70% .

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 16.27 (16.64% above spot).

Bearish positioning points to downside pressure toward 12.50 (10.39% below spot).

Options flow strength: 0.41 (0–1 scale). ATM Strike: 15.00, Call: 0.05, Put: 1.17, Straddle Cost: 1.22.

Short-term moves may occur, but follow-through is uncertain. The short-term gamma flip is near 16.04 , with intermediate positioning around 13.30 . The mid-term gamma flip remains near 13.59.