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: 2026-02-06 (EDT)

Max Pain Price

125

Exp: 2026-02-20

Gamma Flip

111.78

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.143

Shows put vs call positioning

IV Skew

2.02

Put–call IV difference

Max Pain Price Volatility

σ = 0.00

low volatility

Confidence 50%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a moderate bearish bias. Downside factors are present but not dominant. 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: 67%

Current DPI is 0.95(strong-bullish). Bullish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

Options positioning suggests a structurally constrained trading environment, where price movements are more likely to stall or mean-revert rather than extend. Volatility conditions are moderately choppy. Price action is strongly influenced by existing options constraints. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-02-20 options expiry. 100% confidence

The support levels for MHK are at 130.60, 129.06, and 124.23, while the resistance levels are at 133.18, 134.72, and 139.55. The pivot point, a key reference price for traders, is at 125.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 14)

Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 2.17% 1-day move.

The expected range for the next 14 days is 117.94 — 140.93 , corresponding to +6.85% / -10.58% .

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 146.93 (11.40% above spot).

Bearish positioning points to downside pressure toward 107.99 (18.12% below spot).

Options flow strength: 0.64 (0–1 scale). ATM Strike: 130.00, Call: 6.45, Put: 4.25, Straddle Cost: 10.70.

Price moves are likely to stay range-bound. The short-term gamma flip is near 112.13 , with intermediate positioning around 111.78 . The mid-term gamma flip remains near 111.78.