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

Analyze the complete MAA 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 MAA.

Latest Data: 2026-08-17 (EDT)

Max Pain Price

145

Exp: 2026-08-21

Gamma Flip

133.27

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.220

Shows put vs call positioning

IV Skew

-2.86

Put–call IV difference

Max Pain Price Volatility

σ = 8.65

medium volatility

Confidence 85%

Near-Term Options-Derived Market Structure

NEUTRAL OUTLOOK

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a high-confidence neutral environment. Dealer positioning and volatility suppression suggest a stable range-bound setup rather than a directional move. 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 -0.418(strong-bearish). Bearish, 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. Price action is strongly influenced by existing options constraints. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-09-18 options expiry. 100% confidence

The support levels for MAA are at 130.53, 129.64, and 127.89, while the resistance levels are at 131.71, 132.60, and 134.35. The pivot point, a key reference price for traders, is at 145.00.

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

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 1.30% 1-day move.

The expected range for the next 4 days is 128.75 — 135.84 , corresponding to +3.60% / -1.81% .

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 139.41 (6.32% above spot).

Bearish positioning points to downside pressure toward 127.44 (2.81% below spot).

Options flow strength: 0.46 (0–1 scale). ATM Strike: 130.00, Call: 2.75, Put: 0.65, Straddle Cost: 3.40.

Price moves may extend once a direction forms. The short-term gamma flip is near 131.60 , with intermediate positioning around 133.27 . The mid-term gamma flip remains near 133.27.