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

Analyze the complete GLW 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 GLW.

Latest Data: 2026-07-20 (EDT)
Max Pain Price
160
Exp: 2026-07-24
Gamma Flip
176.58
Gamma Flip (≈60 days)
Put/Call OI Ratio
1.881
Shows put vs call positioning
IV Skew
-5.63
Put–call IV difference
Max Pain Price Volatility
σ = 46.21
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 -0.119(neutral). ⏳ Neutral distribution, DPI neutral, but makers are actively shedding positions.

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 remain relatively smooth. Options constraints exert a moderate influence on price behavior. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-07-24 options expiry. 100% confidence

The support levels for GLW are at 147.44, 140.84, and 90.84, while the resistance levels are at 158.76, 165.36, and 215.36. The pivot point, a key reference price for traders, is at 160.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 4)

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 4.41% 1-day move.


The expected range for the next 4 days is 147.14 163.62 , corresponding to +6.87% / -3.89% .

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 168.00 (9.73% above spot).

Bearish positioning points to downside pressure toward 145.45 (4.99% below spot).


Options flow strength: 0.95 (0–1 scale). ATM Strike: 152.50, Call: 7.00, Put: 6.50, Straddle Cost: 13.50.


Price moves may extend once a direction forms. The short-term gamma flip is near 177.05 , with intermediate positioning around 176.58 . The mid-term gamma flip remains near 176.59.