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.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

135

Exp: 2026-04-17

Gamma Flip

102.17

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.297

Shows put vs call positioning

IV Skew

-0.08

Put–call IV difference

Max Pain Price Volatility

σ = 8.10

medium volatility

Confidence 81%

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

The put-side positioning appears neutral with no notable bearish pressure.

Current DPI is 0.022(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 2026-04-17 options expiry. 100% confidence

The support levels for MHK are at 100.64, 98.67, and 90.30, while the resistance levels are at 103.26, 105.23, and 113.60. The pivot point, a key reference price for traders, is at 135.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 23)

Based on the latest options positioning (DTE 23), the ATM straddle implies a standardized 1.78% 1-day move.

The expected range for the next 23 days is 98.53 — 111.18 , corresponding to +9.05% / -3.35% .

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 117.85 (15.60% above spot).

Bearish positioning points to downside pressure toward 96.57 (5.28% below spot).

Options flow strength: 0.63 (0–1 scale). ATM Strike: 100.00, Call: 5.35, Put: 3.35, Straddle Cost: 8.70.

Market signals are mixed and less reliable. No short-term gamma flip is observed , with intermediate positioning around 102.17 . The mid-term gamma flip remains near 102.17.