MHK Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete MHK 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 MHK.
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: 80%
Current DPI is -0.256(bullish). Bullish, momentum neutral or unclear. Trend approaching turning point (Momentum Deceleration) with High Saturation Gamma saturation
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 2026-10-16 options expiry. 90% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 3)
Based on the latest options positioning (DTE 3), the ATM straddle implies a standardized 1.72% 1-day move.
The expected range for the next 3 days is 114.76 — 125.43 , corresponding to +5.01% / -3.92% .
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 130.29 (9.09% above spot).
Bearish positioning points to downside pressure toward 111.24 (6.87% below spot).
Options flow strength: 0.39 (0–1 scale). ATM Strike: 120.00, Call: 1.40, Put: 2.15, Straddle Cost: 3.55.
Price moves may extend once a direction forms. The short-term gamma flip is near 123.55 , with intermediate positioning around 121.96 . The mid-term gamma flip remains near 121.96.