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

Analyze the complete GM 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 GM.

Latest Data: 2026-02-06 (EDT)
Max Pain Price
85
Exp: 2026-02-06
Gamma Flip
77.46
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.555
Shows put vs call positioning
IV Skew
-2.37
Put–call IV difference
Max Pain Price Volatility
σ = 11.52
medium volatility
Confidence 52%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a moderate bearish bias. Downside factors are present but not dominant. 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: 67%

Current DPI is 0.771(strong-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 2026-03-20 options expiry. 100% confidence

The support levels for GM are at 83.71, 82.92, and 80.81, while the resistance levels are at 84.77, 85.56, and 87.67. The pivot point, a key reference price for traders, is at 85.00.

Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)

Expiry 2026-02-06 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is neutral (0.00), pin strength 0.90.


Based on same-day expiring options (0DTE), the ATM straddle implies an 0.69% standardized 1-day equivalent move, serving as an intraday volatility reference.


The implied intraday range is approximately 83.09 87.14 , corresponding to +3.45% / -1.36% .

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 89.38 (6.10% above spot).

Bearish positioning points to downside pressure toward 82.39 (2.20% below spot).


Options flow strength: 0.56 (0–1 scale). ATM Strike: 84.00, Call: 0.29, Put: 0.30, Straddle Cost: 0.58.


Price moves are likely to stay range-bound. The short-term gamma flip is near 80.24 , with intermediate positioning around 77.46 . The mid-term gamma flip remains near 77.46.