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

Analyze the complete HOOD 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 HOOD.

Latest Data: 2026-07-20 (EDT)

Max Pain Price

110

Exp: 2026-07-24

Gamma Flip

99.71

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.771

Shows put vs call positioning

IV Skew

-6.09

Put–call IV difference

Max Pain Price Volatility

σ = 22.22

high 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: 100%

Current DPI is 0.358(neutral). ⏳ Neutral accumulation, DPI neutral, but makers are actively building positions.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. 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 HOOD are at 96.56, 93.30, and 69.90, while the resistance levels are at 102.00, 105.26, and 128.66. The pivot point, a key reference price for traders, is at 110.00.

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

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 3.29% 1-day move.

The expected range for the next 4 days is 96.58 — 103.68 , corresponding to +4.44% / -2.72% .

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 105.35 (6.11% above spot).

Bearish positioning points to downside pressure toward 95.87 (3.43% below spot).

Options flow strength: 1.00 (0–1 scale). ATM Strike: 99.00, Call: 3.45, Put: 3.08, Straddle Cost: 6.53.

Price moves may extend once a direction forms. The short-term gamma flip is near 99.98 , with intermediate positioning around 99.71 . The mid-term gamma flip remains near 99.68.