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

Analyze the complete CPNG 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 CPNG.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

Exp: 2026-03-27

Gamma Flip

20.35

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.219

Shows put vs call positioning

IV Skew

-2.72

Put–call IV difference

Max Pain Price Volatility

σ = 5.92

medium 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 -0.373(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 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 2026-06-18 options expiry. 100% confidence

The support levels for CPNG are at 18.62, 18.34, and 16.93, while the resistance levels are at 18.98, 19.26, and 20.67. The pivot point, a key reference price for traders, is at 20.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 2)

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 2.43% 1-day move.

The expected range for the next 2 days is 18.22 — 19.38 , corresponding to +3.09% / -3.09% .

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 19.67 (4.63% above spot).

Bearish positioning points to downside pressure toward 17.93 (4.63% below spot).

Options flow strength: 0.50 (0–1 scale). ATM Strike: 19.00, Call: 0.24, Put: 0.41, Straddle Cost: 0.65.

Market signals are mixed and less reliable. No short-term gamma flip is observed , with intermediate positioning around 20.35 . The mid-term gamma flip remains near 20.40.