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

Analyze the complete JHX 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 JHX.

Latest Data: 2026-03-25 (EDT)
Max Pain Price
20
Exp: 2026-04-17
Gamma Flip
18.80
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.418
Shows put vs call positioning
IV Skew
1.06
Put–call IV difference
Max Pain Price Volatility
σ = 5.00
low volatility
Confidence 62%

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: 67%

Current DPI is 0.368(strong-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 JHX are at 19.21, 18.85, and 17.27, while the resistance levels are at 19.69, 20.05, and 21.63. The pivot point, a key reference price for traders, is at 20.00.

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

Based on the latest options positioning (DTE 23), the ATM straddle implies a standardized 1.90% 1-day move.


The expected range for the next 23 days is 18.29 20.15 , corresponding to +3.59% / -5.99% .

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 20.55 (5.67% above spot).

Bearish positioning points to downside pressure toward 17.50 (10.04% below spot).


Options flow strength: 0.62 (0–1 scale). ATM Strike: 20.00, Call: 0.60, Put: 1.18, Straddle Cost: 1.77.


Price moves are likely to stay range-bound. The short-term gamma flip is near 18.80 , with intermediate positioning around 18.80 . The mid-term gamma flip remains near 18.21.