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

Analyze the complete FFIV 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 FFIV.

Latest Data: 2026-03-26 (EDT)

Max Pain Price

280

Exp: 2026-04-17

Gamma Flip

274.77

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.720

Shows put vs call positioning

IV Skew

3.05

Put–call IV difference

Max Pain Price Volatility

σ = 34.92

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

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: 68%

Current DPI is 0.819(bullish). Bullish, momentum neutral or unclear.

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 2026-04-17 options expiry. 100% confidence

The support levels for FFIV are at 292.48, 286.03, and 263.37, while the resistance levels are at 303.24, 309.69, and 332.35. The pivot point, a key reference price for traders, is at 280.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 23)

Based on the latest options positioning (DTE 23), the ATM straddle implies a standardized 1.46% 1-day move.

The expected range for the next 23 days is 273.40 — 306.89 , corresponding to +3.03% / -8.21% .

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 311.79 (4.68% above spot).

Bearish positioning points to downside pressure toward 257.33 (13.61% below spot).

Options flow strength: 0.75 (0–1 scale). ATM Strike: 300.00, Call: 9.75, Put: 11.10, Straddle Cost: 20.85.

Price moves are likely to stay range-bound. The short-term gamma flip is near 274.85 , with intermediate positioning around 274.77 . The mid-term gamma flip remains near 274.77.