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

Analyze the complete DLTR 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 DLTR.

Latest Data: 2026-03-25 (EDT)
Max Pain Price
111
Exp: 2026-03-27
Gamma Flip
113.38
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.946
Shows put vs call positioning
IV Skew
-4.30
Put–call IV difference
Max Pain Price Volatility
σ = 17.18
high 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: 60%

Current DPI is -0.284(neutral). Neutral consolidation, trend and momentum are indistinct. From the current DPI structure, dealers appear largely neutral, suggesting limited willingness to reinforce directional price moves..

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 2026-03-27 options expiry. 100% confidence

The support levels for DLTR are at 104.70, 102.38, and 91.02, while the resistance levels are at 108.58, 110.90, and 122.26. The pivot point, a key reference price for traders, is at 111.00.

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

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.99% 1-day move.


The expected range for the next 2 days is 103.57 112.25 , corresponding to +5.26% / -2.87% .

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 116.01 (8.78% above spot).

Bearish positioning points to downside pressure toward 101.98 (4.37% below spot).


Options flow strength: 0.58 (0–1 scale). ATM Strike: 107.00, Call: 1.33, Put: 1.67, Straddle Cost: 3.00.


Market signals are mixed and less reliable. No short-term gamma flip is observed , with intermediate positioning around 113.38 . The mid-term gamma flip remains near 112.73.