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.
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
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: 83%
Current DPI is 0.664(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. Price action is strongly influenced by existing options constraints. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-09-18 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 21)
Based on the latest options positioning (DTE 21), the ATM straddle implies a standardized 1.89% 1-day move.
The expected range for the next 21 days is 188.42 — 203.49 , corresponding to +2.57% / -5.02% .
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 205.60 (3.64% above spot).
Bearish positioning points to downside pressure toward 183.17 (7.67% below spot).
Options flow strength: 0.86 (0–1 scale). ATM Strike: 200.00, Call: 7.75, Put: 9.45, Straddle Cost: 17.20.
Price moves may extend once a direction forms. The short-term gamma flip is near 201.98 , with intermediate positioning around 202.28 . The mid-term gamma flip remains near 202.28.