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: 2026-10-01 (EDT)

Max Pain Price

14.5

Exp: 2026-10-02

Gamma Flip

15.70

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.799

Shows put vs call positioning

IV Skew

-4.65

Put–call IV difference

Max Pain Price Volatility

σ = 5.85

medium volatility

Confidence 75%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options market shows a strong bullish alignment. Multiple key factors point firmly to the upside, supported by dealer flows and positioning. 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 -0.426(neutral). ⏳ Neutral distribution, DPI neutral, but makers are actively shedding positions.

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 2027-01-15 options expiry. 100% confidence

The support levels for CPNG are at 13.67, 13.46, and 12.82, while the resistance levels are at 13.93, 14.14, and 14.78. The pivot point, a key reference price for traders, is at 14.50.

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 (0.20), pin strength 0.70.

Based on the latest options positioning (DTE 1), the ATM straddle implies a standardized 2.72% 1-day move.

The expected range for the next 1 days is 13.50 — 14.54 , corresponding to +5.38% / -2.17% .

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 15.08 (9.27% above spot).

Bearish positioning points to downside pressure toward 13.43 (2.71% below spot).

Options flow strength: 0.37 (0–1 scale). ATM Strike: 14.00, Call: 0.07, Put: 0.30, Straddle Cost: 0.38.

Market signals are mixed and less reliable. No short-term gamma flip is observed , with intermediate positioning around 15.70 . The mid-term gamma flip remains near 15.70.