WhaleQuant.io

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

Analyze the complete IT 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 IT.

Latest Data: 2026-03-25 (EDT)
Max Pain Price
170
Exp: 2026-04-17
Gamma Flip
150.15
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.696
Shows put vs call positioning
IV Skew
-3.82
Put–call IV difference
Max Pain Price Volatility
σ = 19.24
high volatility
Confidence 79%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options market shows a strong bullish alignment. Multiple key factors point firmly to the upside, supported by dealer flows and positioning. 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: 80%

Current DPI is -0.201(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 structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions are elevated, implying wider and less stable price swings. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-04-17 options expiry. 100% confidence

The support levels for IT are at 147.99, 145.29, and 128.11, while the resistance levels are at 152.47, 155.17, and 172.35. The pivot point, a key reference price for traders, is at 170.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 23)

Based on the latest options positioning (DTE 23), the ATM straddle implies a standardized 2.43% 1-day move.


The expected range for the next 23 days is 146.29 159.47 , corresponding to +6.15% / -2.62% .

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 164.65 (9.60% above spot).

Bearish positioning points to downside pressure toward 144.85 (3.58% below spot).


Options flow strength: 0.78 (0–1 scale). ATM Strike: 150.00, Call: 9.10, Put: 8.40, Straddle Cost: 17.50.


Price moves are likely to stay range-bound. The short-term gamma flip is near 150.06 , with intermediate positioning around 150.15 . The mid-term gamma flip remains near 148.99.