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

Analyze the complete MCD 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 MCD.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

320

Exp: 2026-03-27

Gamma Flip

316.95

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.998

Shows put vs call positioning

IV Skew

-3.04

Put–call IV difference

Max Pain Price Volatility

σ = 7.01

medium volatility

Confidence 75%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options market shows a strong bullish alignment. Multiple key factors point firmly to the upside, supported by dealer flows and positioning. 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 -0.124(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 remain relatively smooth. Options constraints exert a moderate influence on price behavior. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-04-17 options expiry. 100% confidence

The support levels for MCD are at 309.81, 306.96, and 301.77, while the resistance levels are at 313.59, 316.44, and 321.63. The pivot point, a key reference price for traders, is at 320.00.

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

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 0.98% 1-day move.

The expected range for the next 2 days is 305.58 — 316.03 , corresponding to +1.39% / -1.96% .

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 318.11 (2.06% above spot).

Bearish positioning points to downside pressure toward 302.10 (3.08% below spot).

Options flow strength: 0.67 (0–1 scale). ATM Strike: 312.50, Call: 1.75, Put: 2.58, Straddle Cost: 4.33.

Price moves may extend once a direction forms. The short-term gamma flip is near 317.00 , with intermediate positioning around 316.95 . The mid-term gamma flip remains near 316.67.