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

Analyze the complete HDB 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 HDB.

Latest Data: 2026-08-17 (EDT)
Max Pain Price
25
Exp: 2026-08-21
Gamma Flip
N/A
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.676
Shows put vs call positioning
IV Skew
-8.90
Put–call IV difference
Max Pain Price Volatility
σ = 5.33
medium volatility
Confidence 50%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options data shows a moderate bullish tilt. There is some directional support, though momentum remains limited. 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: 50%

Current DPI is -0.538(neutral). Neutral consolidation, trend and momentum are indistinct. From the current DPI structure, dealers appear largely neutral, suggesting limited willingness to reinforce directional price moves..

Options Terrain Outlook (3-Month)

Options positioning suggests a structurally constrained trading environment, where price movements are more likely to stall or mean-revert rather than extend. Volatility conditions are moderately choppy. Price action is strongly influenced by existing options constraints. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-10-16 options expiry. 90% confidence

The support levels for HDB are at 23.05, 22.91, and 22.62, while the resistance levels are at 23.25, 23.39, and 23.68. The pivot point, a key reference price for traders, is at 25.00.

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

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 1.46% 1-day move.


The expected range for the next 4 days is 22.63 25.18 , corresponding to +8.77% / -2.27% .

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 27.00 (16.63% above spot).

Bearish positioning points to downside pressure toward 22.30 (3.66% below spot).


Options flow strength: 0.42 (0–1 scale). ATM Strike: 22.50, Call: 0.60, Put: 0.08, Straddle Cost: 0.68.


Market signals are mixed and less reliable. The short-term gamma flip is near 28.73 .