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

Analyze the complete MSFT 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 MSFT.

Latest Data: 2026-02-06 (EDT)
Max Pain Price
475
Exp: 2026-02-06
Gamma Flip
413.15
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.934
Shows put vs call positioning
IV Skew
-4.40
Put–call IV difference
Max Pain Price Volatility
σ = 65.94
high volatility
Confidence 75%

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: 67%

Current DPI is -0.645(bullish). Bullish, momentum neutral or unclear.

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 2026-02-20 options expiry. 90% confidence

The support levels for MSFT are at 393.08, 383.69, and 346.86, while the resistance levels are at 409.20, 418.59, and 455.42. The pivot point, a key reference price for traders, is at 475.00.

Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)

Expiry 2026-02-06 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is bearish (-0.30), pin strength 0.90.


Based on same-day expiring options (0DTE), the ATM straddle implies an 0.75% standardized 1-day equivalent move, serving as an intraday volatility reference.


The implied intraday range is approximately 398.64 425.31 , corresponding to +6.03% / -0.62% .

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 440.26 (9.75% above spot).

Bearish positioning points to downside pressure toward 397.98 (0.79% below spot).


Options flow strength: 0.84 (0–1 scale). ATM Strike: 400.00, Call: 1.01, Put: 2.00, Straddle Cost: 3.01.


Price moves may extend once a direction forms. The short-term gamma flip is near 409.66 , with intermediate positioning around 413.15 . The mid-term gamma flip remains near 412.90.