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

Analyze the complete LW 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 LW.

Latest Data: 2026-08-28 (EDT)
Max Pain Price
60
Exp: 2026-09-18
Gamma Flip
44.97
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.400
Shows put vs call positioning
IV Skew
-0.21
Put–call IV difference
Max Pain Price Volatility
σ = 6.13
medium 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

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 0.845(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 2027-01-15 options expiry. 100% confidence

The support levels for LW are at 54.67, 54.21, and 53.00, while the resistance levels are at 55.29, 55.75, and 56.96. The pivot point, a key reference price for traders, is at 60.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 21)

Based on the latest options positioning (DTE 21), the ATM straddle implies a standardized 1.12% 1-day move.


The expected range for the next 21 days is 51.63 56.01 , corresponding to +1.87% / -6.09% .

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 56.57 (2.89% above spot).

Bearish positioning points to downside pressure toward 49.19 (10.54% below spot).


Options flow strength: 0.63 (0–1 scale). ATM Strike: 55.00, Call: 1.55, Put: 1.27, Straddle Cost: 2.83.


Price moves are likely to stay range-bound. The short-term gamma flip is near 45.05 , with intermediate positioning around 44.97 . The mid-term gamma flip remains near 44.97.