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

Analyze the complete NWL 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 NWL.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

Exp: 2026-04-17

Gamma Flip

3.33

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.282

Shows put vs call positioning

IV Skew

-6.35

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low 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

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 60%

Current DPI is -0.09(neutral). ⏳ Neutral distribution, DPI neutral, but makers are actively shedding positions.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions remain relatively smooth. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-06-18 options expiry. 100% confidence

The support levels for NWL are at 3.50, 3.42, and 2.94, while the resistance levels are at 3.62, 3.70, and 4.18. The pivot point, a key reference price for traders, is at 5.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 23)

Based on the latest options positioning (DTE 23), the ATM straddle implies a standardized 3.95% 1-day move.

The expected range for the next 23 days is 3.23 — 4.22 , corresponding to +18.54% / -9.14% .

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 4.78 (34.26% above spot).

Bearish positioning points to downside pressure toward 3.00 (15.73% below spot).

Options flow strength: 0.45 (0–1 scale). ATM Strike: 4.00, Call: 0.08, Put: 0.60, Straddle Cost: 0.68.

Market signals are mixed and less reliable. No short-term gamma flip is observed , with intermediate positioning around 3.33 . The mid-term gamma flip remains near 4.02.