CPAY Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete CPAY 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 CPAY.
Near-Term Options-Derived Market Structure
BEARISH BIAS
Reflecting options positioning and volatility conditions over the coming sessions.
The options structure indicates a clear bearish tilt. Several major factors align to the downside, suggesting elevated short-term downside risk. 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: 67%
Current DPI is 0.932(bullish). Bullish, 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. Structural constraints from options positioning are relatively light. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-02-20 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 14)
Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 3.28% 1-day move.
The expected range for the next 14 days is 318.12 — 364.48 , corresponding to +2.91% / -10.18% .
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 367.63 (3.79% above spot).
Bearish positioning points to downside pressure toward 293.82 (17.04% below spot).
Options flow strength: 0.62 (0–1 scale). ATM Strike: 350.00, Call: 8.90, Put: 34.55, Straddle Cost: 43.45.
Price moves are likely to stay range-bound. The short-term gamma flip is near 282.62 , with intermediate positioning around 283.00 . The mid-term gamma flip remains near 283.00.