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

Analyze the complete CX 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 CX.

Latest Data: 2026-07-14 (EDT)

Max Pain Price

Exp: 2026-07-17

Gamma Flip

21.04

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.282

Shows put vs call positioning

IV Skew

-3.81

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low volatility

Confidence 50%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a moderate bearish bias. Downside factors are present but not dominant. 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: 67%

Current DPI is 0.934(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. Options constraints exert a moderate influence on price behavior. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2026-07-17 options expiry. 100% confidence

The support levels for CX are at 12.73, 12.62, and 12.29, while the resistance levels are at 12.87, 12.98, and 13.31. The pivot point, a key reference price for traders, is at 12.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 3)

Based on the latest options positioning (DTE 3), the ATM straddle implies a standardized 4.31% 1-day move.

The expected range for the next 3 days is 12.15 — 13.24 , corresponding to +3.46% / -5.08% .

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 13.35 (4.33% above spot).

Bearish positioning points to downside pressure toward 11.86 (7.38% below spot).

Options flow strength: 0.55 (0–1 scale). ATM Strike: 13.00, Call: 0.22, Put: 0.73, Straddle Cost: 0.95.

Price moves may extend once a direction forms. The short-term gamma flip is near 22.15 , with intermediate positioning around 21.04 . The mid-term gamma flip remains near 21.04.