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

Analyze the complete FDX 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 FDX.

Latest Data: 2026-07-15 (EDT)

Max Pain Price

317.5

Exp: 2026-07-17

Gamma Flip

321.32

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.167

Shows put vs call positioning

IV Skew

-2.72

Put–call IV difference

Max Pain Price Volatility

σ = 28.18

high volatility

Confidence 85%

Near-Term Options-Derived Market Structure

NEUTRAL OUTLOOK

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a high-confidence neutral environment. Dealer positioning and volatility suppression suggest a stable range-bound setup rather than a directional move. 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 -0.214(bearish). Bearish, momentum neutral or unclear. Trend approaching turning point (Momentum Deceleration) with Low Saturation Gamma saturation

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. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-07-17 options expiry. 90% confidence

The support levels for FDX are at 309.92, 305.73, and 290.87, while the resistance levels are at 316.92, 321.11, and 335.97. The pivot point, a key reference price for traders, is at 317.50.

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

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.86% 1-day move.

The expected range for the next 2 days is 304.83 — 320.71 , corresponding to +2.33% / -2.74% .

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 323.78 (3.31% above spot).

Bearish positioning points to downside pressure toward 300.82 (4.02% below spot).

Options flow strength: 0.75 (0–1 scale). ATM Strike: 312.50, Call: 6.90, Put: 1.33, Straddle Cost: 8.23.

Price moves may extend once a direction forms. The short-term gamma flip is near 321.46 , with intermediate positioning around 321.32 . The mid-term gamma flip remains near 320.91.