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

Analyze the complete OBDC 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 OBDC.

Latest Data: 2026-07-15 (EDT)

Max Pain Price

12.5

Exp: 2026-07-17

Gamma Flip

11.20

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.399

Shows put vs call positioning

IV Skew

0.71

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

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 80%

Current DPI is -0.504(bullish). Bullish, 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 2026-11-20 options expiry. 100% confidence

The support levels for OBDC are at 11.03, 10.93, and 10.70, while the resistance levels are at 11.17, 11.27, and 11.50. The pivot point, a key reference price for traders, is at 12.50.

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

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 7.90% 1-day move.

The expected range for the next 2 days is 10.28 — 12.72 , corresponding to +14.62% / -7.37% .

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 13.75 (23.85% above spot).

Bearish positioning points to downside pressure toward 10.00 (9.91% below spot).

Options flow strength: 0.50 (0–1 scale). ATM Strike: 10.00, Call: 1.20, Put: 0.04, Straddle Cost: 1.24.

Market signals are mixed and less reliable. The short-term gamma flip is near 7.77 , with intermediate positioning around 11.20 . The mid-term gamma flip remains near 11.20.