ORLY Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete ORLY 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 ORLY.
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: 100%
Current DPI is 0.321(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. Price action is strongly influenced by existing options constraints. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-07-17 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 3)
Based on the latest options positioning (DTE 3), the ATM straddle implies a standardized 1.60% 1-day move.
The expected range for the next 3 days is 84.77 — 90.85 , corresponding to +5.95% / -1.14% .
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 94.28 (9.95% above spot).
Bearish positioning points to downside pressure toward 84.60 (1.35% below spot).
Options flow strength: 0.66 (0–1 scale). ATM Strike: 85.00, Call: 1.55, Put: 0.82, Straddle Cost: 2.38.
Short-term moves may occur, but follow-through is uncertain. The short-term gamma flip is near 88.76 , with intermediate positioning around 83.96 . The mid-term gamma flip remains near 83.97.