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

Analyze the complete GILD 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 GILD.

Latest Data: 2026-10-01 (EDT)

Max Pain Price

152.5

Exp: 2026-10-02

Gamma Flip

145.11

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.550

Shows put vs call positioning

IV Skew

-2.92

Put–call IV difference

Max Pain Price Volatility

σ = 12.11

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: 100%

Current DPI is 0.68(bearish). Bearish, 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 2026-11-20 options expiry. 100% confidence

The support levels for GILD are at 146.69, 145.46, and 142.71, while the resistance levels are at 148.31, 149.54, and 152.29. The pivot point, a key reference price for traders, is at 152.50.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 1)

Expiry 2026-10-02 (DTE 1): Pinning structure with suppressed volatility. Option flow bias is bearish (-0.50), pin strength 0.80.

Based on the latest options positioning (DTE 1), the ATM straddle implies a standardized 1.61% 1-day move.

The expected range for the next 1 days is 145.36 — 149.66 , corresponding to +1.46% / -1.45% .

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 150.36 (1.94% above spot).

Bearish positioning points to downside pressure toward 144.67 (1.92% below spot).

Options flow strength: 0.57 (0–1 scale). ATM Strike: 147.00, Call: 1.65, Put: 0.73, Straddle Cost: 2.37.

Price moves are likely to stay range-bound. The short-term gamma flip is near 147.37 , with intermediate positioning around 145.11 . The mid-term gamma flip remains near 142.54.