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

Analyze the complete MPC 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 MPC.

Latest Data: 2026-10-13 (EDT)

Max Pain Price

350

Exp: 2026-10-16

Gamma Flip

404.57

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.922

Shows put vs call positioning

IV Skew

-4.12

Put–call IV difference

Max Pain Price Volatility

σ = 58.61

high volatility

Confidence 85%

Near-Term Options-Derived Market Structure

NEUTRAL OUTLOOK

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a high-confidence neutral environment. Dealer positioning and volatility suppression suggest a stable range-bound setup rather than a directional move. 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: 100%

Current DPI is 0.921(neutral). ⏳ Neutral accumulation, DPI neutral, but makers are actively building positions.

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 2026-10-16 options expiry. 100% confidence

The support levels for MPC are at 467.93, 457.38, and 415.43, while the resistance levels are at 486.03, 496.58, and 538.53. The pivot point, a key reference price for traders, is at 350.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 3)

Based on the latest options positioning (DTE 3), the ATM straddle implies a standardized 2.16% 1-day move.

The expected range for the next 3 days is 445.36 — 487.09 , corresponding to +2.12% / -6.63% .

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 490.46 (2.83% above spot).

Bearish positioning points to downside pressure toward 426.97 (10.48% below spot).

Options flow strength: 0.79 (0–1 scale). ATM Strike: 480.00, Call: 7.40, Put: 10.45, Straddle Cost: 17.85.

Price moves are likely to stay range-bound. The short-term gamma flip is near 414.99 , with intermediate positioning around 404.57 . The mid-term gamma flip remains near 413.03.