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: 2026-07-15 (EDT)

Max Pain Price

Exp: 2026-07-17

Gamma Flip

N/A

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.148

Shows put vs call positioning

IV Skew

0.70

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low volatility

Confidence 50%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a moderate bearish bias. Downside factors are present but not dominant. 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: 67%

Current DPI is 0.863(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)

Options positioning suggests a structurally constrained trading environment, where price movements are more likely to stall or mean-revert rather than extend. Volatility conditions remain relatively smooth. Price action is strongly influenced by existing options constraints. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-07-17 options expiry. 90% confidence

The support levels for NWS are at 31.49, 31.23, and 30.55, while the resistance levels are at 31.83, 32.09, and 32.77. 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 9.21% 1-day move.

The expected range for the next 2 days is 29.91 — 34.21 , corresponding to +8.04% / -5.54% .

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 35.04 (10.67% above spot).

Bearish positioning points to downside pressure toward 30.00 (5.24% below spot).

Options flow strength: 0.25 (0–1 scale). ATM Strike: 30.00, Call: 1.97, Put: 2.15, Straddle Cost: 4.12.

Market signals are mixed and less reliable. The short-term gamma flip is near 22.16 .