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

Analyze the complete LLY 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 LLY.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

905

Exp: 2026-03-27

Gamma Flip

932.82

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.311

Shows put vs call positioning

IV Skew

-4.61

Put–call IV difference

Max Pain Price Volatility

σ = 114.21

high volatility

Confidence 52%

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

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 67%

Current DPI is -0.077(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 elevated, implying wider and less stable price swings. Options constraints exert a moderate influence on price behavior. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-03-27 options expiry. 100% confidence

The support levels for LLY are at 891.15, 861.79, and 756.68, while the resistance levels are at 941.47, 970.83, and 1075.94. The pivot point, a key reference price for traders, is at 905.00.

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

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.48% 1-day move.

The expected range for the next 2 days is 900.99 — 935.32 , corresponding to +2.07% / -1.67% .

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 943.14 (2.93% above spot).

Bearish positioning points to downside pressure toward 895.47 (2.27% below spot).

Options flow strength: 0.90 (0–1 scale). ATM Strike: 915.00, Call: 10.47, Put: 8.65, Straddle Cost: 19.12.

Price moves may extend once a direction forms. The short-term gamma flip is near 931.98 , with intermediate positioning around 932.82 . The mid-term gamma flip remains near 932.83.