MARA Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete MARA 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 MARA.
Near-Term Options-Derived Market Structure
BULLISH BIAS
Reflecting options positioning and volatility conditions over the coming sessions.
The options data shows a moderate bullish tilt. There is some directional support, though momentum remains limited. 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: 50%
Current DPI is -0.788(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 remain relatively smooth. Options constraints exert a moderate influence on price behavior. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2026-10-16 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 2)
Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 4.81% 1-day move.
The expected range for the next 2 days is 7.98 — 9.52 , corresponding to +15.69% / -3.01% .
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 10.34 (25.69% above spot).
Bearish positioning points to downside pressure toward 7.96 (3.33% below spot).
Options flow strength: 0.70 (0–1 scale). ATM Strike: 8.00, Call: 0.40, Put: 0.16, Straddle Cost: 0.56.
Price moves may extend once a direction forms. The short-term gamma flip is near 10.69 , with intermediate positioning around 10.68 . The mid-term gamma flip remains near 10.69.