MS Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete MS 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 MS.
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: 100%
Current DPI is 0.779(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 elevated, implying wider and less stable price swings. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-08-21 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 4)
Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 1.37% 1-day move.
The expected range for the next 4 days is 208.42 — 222.24 , corresponding to +1.85% / -4.49% .
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 223.97 (2.64% above spot).
Bearish positioning points to downside pressure toward 202.71 (7.10% below spot).
Options flow strength: 0.80 (0–1 scale). ATM Strike: 217.50, Call: 3.50, Put: 2.47, Straddle Cost: 5.97.
Price moves are likely to stay range-bound. The short-term gamma flip is near 212.99 , with intermediate positioning around 212.47 . The mid-term gamma flip remains near 212.47.