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

Analyze the complete IVV 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 IVV.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

685

Exp: 2026-03-27

Gamma Flip

656.93

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.522

Shows put vs call positioning

IV Skew

-3.47

Put–call IV difference

Max Pain Price Volatility

σ = 13.55

high volatility

Confidence 85%

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 0.301(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 2026-06-18 options expiry. 100% confidence

The support levels for IVV are at 655.68, 649.59, and 640.28, while the resistance levels are at 663.80, 669.89, and 679.20. The pivot point, a key reference price for traders, is at 685.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 2)

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.10% 1-day move.

The expected range for the next 2 days is 651.92 — 671.22 , corresponding to +1.74% / -1.19% .

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 677.46 (2.69% above spot).

Bearish positioning points to downside pressure toward 648.77 (1.66% below spot).

Options flow strength: 0.60 (0–1 scale). ATM Strike: 660.00, Call: 5.20, Put: 5.05, Straddle Cost: 10.25.

Price moves are likely to stay range-bound. The short-term gamma flip is near 578.57 , with intermediate positioning around 656.93 . The mid-term gamma flip remains near 509.89.