MTD Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete MTD 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 MTD.
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 0.533(strong-bearish). Bearish, 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. 90% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 14)
Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 1.23% 1-day move.
The expected range for the next 14 days is 1338.13 — 1442.08 , corresponding to +4.99% / -2.58% .
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 1485.91 (8.18% above spot).
Bearish positioning points to downside pressure toward 1318.62 (4.00% below spot).
Options flow strength: 0.73 (0–1 scale). ATM Strike: 1370.00, Call: 35.55, Put: 27.50, Straddle Cost: 63.05.
Short-term moves may occur, but follow-through is uncertain. The short-term gamma flip is near 1382.16 , with intermediate positioning around 1381.92 . The mid-term gamma flip remains near 1356.44.