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

Analyze the complete MTB 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 MTB.

Latest Data: 2026-10-13 (EDT)

Max Pain Price

250

Exp: 2026-10-16

Gamma Flip

216.91

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.357

Shows put vs call positioning

IV Skew

-2.86

Put–call IV difference

Max Pain Price Volatility

σ = 27.63

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 0.034(bearish). Bearish, momentum neutral or unclear.

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 2026-10-16 options expiry. 100% confidence

The support levels for MTB are at 215.32, 212.20, and 205.62, while the resistance levels are at 220.54, 223.66, and 230.24. The pivot point, a key reference price for traders, is at 250.00.

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

Based on the latest options positioning (DTE 3), the ATM straddle implies a standardized 2.22% 1-day move.

The expected range for the next 3 days is 210.98 — 229.59 , corresponding to +5.35% / -3.19% .

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 237.05 (8.77% above spot).

Bearish positioning points to downside pressure toward 207.46 (4.81% below spot).

Options flow strength: 0.61 (0–1 scale). ATM Strike: 220.00, Call: 3.12, Put: 5.25, Straddle Cost: 8.38.

Price moves are likely to stay range-bound. The short-term gamma flip is near 215.28 , with intermediate positioning around 216.91 . The mid-term gamma flip remains near 212.29.