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

Analyze the complete CRDO 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 CRDO.

Latest Data: 2026-02-06 (EDT)
Max Pain Price
130
Exp: 2026-02-06
Gamma Flip
131.24
Gamma Flip (≈60 days)
Put/Call OI Ratio
1.187
Shows put vs call positioning
IV Skew
-3.00
Put–call IV difference
Max Pain Price Volatility
σ = 5.00
low volatility
Confidence 81%

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 -0.276(strong-bullish). Bullish, 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. Price action is strongly influenced by existing options constraints. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2026-02-20 options expiry. 90% confidence

The support levels for CRDO are at 109.39, 106.39, and 87.34, while the resistance levels are at 113.41, 116.41, and 135.46. The pivot point, a key reference price for traders, is at 130.00.

Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)

Expiry 2026-02-06 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is neutral (-0.10), pin strength 0.70.


Based on same-day expiring options (0DTE), the ATM straddle implies an 4.56% standardized 1-day equivalent move, serving as an intraday volatility reference.


The implied intraday range is approximately 109.06 115.46 , corresponding to +3.64% / -2.10% .

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 116.48 (4.56% above spot).

Bearish positioning points to downside pressure toward 109.28 (1.90% below spot).


Options flow strength: 0.75 (0–1 scale). ATM Strike: 111.00, Call: 1.92, Put: 3.15, Straddle Cost: 5.07.


Price moves may extend once a direction forms. The short-term gamma flip is near 133.94 , with intermediate positioning around 131.24 . The mid-term gamma flip remains near 131.45.