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

Analyze the complete NWS 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 NWS.

Latest Data: 2026-10-14 (EDT)

Max Pain Price

Exp: 2026-10-16

Gamma Flip

27.35

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.765

Shows put vs call positioning

IV Skew

8.87

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

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: 62%

Current DPI is 0.471(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 NWS are at 32.31, 32.10, and 31.66, while the resistance levels are at 32.59, 32.80, and 33.24. The pivot point, a key reference price for traders, is at 35.00.

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

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 8.72% 1-day move.

The expected range for the next 2 days is 29.56 — 34.59 , corresponding to +6.60% / -8.92% .

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 35.00 (7.86% above spot).

Bearish positioning points to downside pressure toward 28.18 (13.16% below spot).

Options flow strength: 0.16 (0–1 scale). ATM Strike: 30.00, Call: 2.33, Put: 1.68, Straddle Cost: 4.00.

Price moves are likely to stay range-bound. The short-term gamma flip is near 27.35 , with intermediate positioning around 27.35 . The mid-term gamma flip remains near 27.35.