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

Analyze the complete NOW 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 NOW.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

112

Exp: 2026-03-27

Gamma Flip

111.39

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.757

Shows put vs call positioning

IV Skew

-3.52

Put–call IV difference

Max Pain Price Volatility

σ = 19.53

high volatility

Confidence 88%

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 -0.626(neutral). Neutral consolidation, trend and momentum are indistinct. From the current DPI structure, dealers appear largely neutral, suggesting limited willingness to reinforce directional price moves..

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 remain relatively smooth. Options constraints exert a moderate influence on price behavior. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-04-17 options expiry. 90% confidence

The support levels for NOW are at 101.62, 99.88, and 89.84, while the resistance levels are at 104.50, 106.24, and 116.28. The pivot point, a key reference price for traders, is at 112.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 2)

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 2.40% 1-day move.

The expected range for the next 2 days is 95.39 — 109.06 , corresponding to +5.83% / -7.44% .

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 112.45 (9.11% above spot).

Bearish positioning points to downside pressure toward 90.81 (11.89% below spot).

Options flow strength: 0.76 (0–1 scale). ATM Strike: 103.00, Call: 1.77, Put: 1.73, Straddle Cost: 3.50.

Price moves may extend once a direction forms. The short-term gamma flip is near 111.29 , with intermediate positioning around 111.39 . The mid-term gamma flip remains near 111.69.