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: 2026-02-06 (EDT)

Max Pain Price

Exp: 2026-02-20

Gamma Flip

14.52

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.130

Shows put vs call positioning

IV Skew

1.21

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low volatility

Confidence 50%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a moderate bearish bias. Downside factors are present but not dominant. 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 0.948(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 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 2026-03-20 options expiry. 100% confidence

The support levels for JHX are at 23.50, 23.30, and 22.69, while the resistance levels are at 23.78, 23.98, and 24.59. The pivot point, a key reference price for traders, is at 25.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 14)

Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 3.73% 1-day move.

The expected range for the next 14 days is 22.74 — 24.63 , corresponding to +4.17% / -3.81% .

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 25.04 (5.93% above spot).

Bearish positioning points to downside pressure toward 22.40 (5.26% below spot).

Options flow strength: 0.58 (0–1 scale). ATM Strike: 22.50, Call: 2.05, Put: 1.25, Straddle Cost: 3.30.

Price moves are likely to stay range-bound. The short-term gamma flip is near 18.58 , with intermediate positioning around 14.52 . The mid-term gamma flip remains near 14.52.