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

Analyze the complete CRL 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 CRL.

Latest Data: 2026-07-15 (EDT)
Max Pain Price
220
Exp: 2026-07-17
Gamma Flip
138.64
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.120
Shows put vs call positioning
IV Skew
-12.90
Put–call IV difference
Max Pain Price Volatility
σ = 16.40
high volatility
Confidence 75%

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: 71%

Current DPI is 0.964(neutral). ⏳ Neutral accumulation, DPI neutral, but makers are actively building positions.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions remain relatively smooth. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-07-17 options expiry. 100% confidence

The support levels for CRL are at 225.73, 222.74, and 209.95, while the resistance levels are at 230.71, 233.70, and 246.49. The pivot point, a key reference price for traders, is at 220.00.

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

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 2.64% 1-day move.


The expected range for the next 2 days is 204.17 232.65 , corresponding to +1.94% / -10.54% .

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 233.55 (2.34% above spot).

Bearish positioning points to downside pressure toward 187.82 (17.70% below spot).


Options flow strength: 0.66 (0–1 scale). ATM Strike: 230.00, Call: 4.90, Put: 3.62, Straddle Cost: 8.53.


Price moves are likely to stay range-bound. The short-term gamma flip is near 197.34 , with intermediate positioning around 138.64 . The mid-term gamma flip remains near 138.64.