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

Analyze the complete LVS 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 LVS.

Latest Data: 2026-08-17 (EDT)

Max Pain Price

Exp: 2026-08-21

Gamma Flip

46.98

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.880

Shows put vs call positioning

IV Skew

-2.31

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low volatility

Confidence 39%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

A slight bullish tilt is present, but the overall setup remains largely neutral with limited directional reliability. 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 0.03(bearish). Bearish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

The market is positioned near a structural transition zone, where options exposure may shift the prevailing trading regime. Volatility conditions are moderately choppy. Options constraints exert a moderate influence on price behavior. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-09-18 options expiry. 90% confidence

The support levels for LVS are at 45.19, 44.84, and 43.94, while the resistance levels are at 45.67, 46.02, and 46.92. The pivot point, a key reference price for traders, is at 45.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 4)

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 1.18% 1-day move.

The expected range for the next 4 days is 44.44 — 47.19 , corresponding to +3.86% / -2.19% .

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 48.38 (6.50% above spot).

Bearish positioning points to downside pressure toward 43.86 (3.44% below spot).

Options flow strength: 0.62 (0–1 scale). ATM Strike: 45.50, Call: 0.51, Put: 0.57, Straddle Cost: 1.07.

Price moves may extend once a direction forms. The short-term gamma flip is near 45.77 , with intermediate positioning around 46.98 . The mid-term gamma flip remains near 46.98.