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

Analyze the complete CPB 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 CPB.

Latest Data: 2026-10-01 (EDT)

Max Pain Price

Exp: 2026-10-02

Gamma Flip

20.92

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.309

Shows put vs call positioning

IV Skew

0.25

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: 67%

Current DPI is -0.677(bearish). Bearish, momentum neutral or unclear.

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 2026-10-02 options expiry. 100% confidence

The support levels for CPB are at 19.36, 19.16, and 18.46, while the resistance levels are at 19.62, 19.82, and 20.52. The pivot point, a key reference price for traders, is at 20.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 1)

Expiry 2026-10-02 (DTE 1): Pinning structure with suppressed volatility. Option flow bias is neutral (0.00), pin strength 0.70.

Based on the latest options positioning (DTE 1), the ATM straddle implies a standardized 2.05% 1-day move.

The expected range for the next 1 days is 19.07 — 20.43 , corresponding to +4.83% / -2.13% .

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 21.13 (8.42% above spot).

Bearish positioning points to downside pressure toward 18.90 (3.04% below spot).

Options flow strength: 0.42 (0–1 scale). ATM Strike: 19.50, Call: 0.25, Put: 0.15, Straddle Cost: 0.40.

Price moves may extend once a direction forms. The short-term gamma flip is near 20.91 , with intermediate positioning around 20.92 . The mid-term gamma flip remains near 20.93.