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.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

100

Exp: 2026-04-17

Gamma Flip

88.64

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.489

Shows put vs call positioning

IV Skew

-5.48

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: 67%

Current DPI is 0.047(strong-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 elevated, implying wider and less stable price swings. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-04-17 options expiry. 100% confidence

The support levels for ORLY are at 90.52, 89.57, and 87.27, while the resistance levels are at 91.80, 92.75, and 95.05. The pivot point, a key reference price for traders, is at 100.00.

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

Based on the latest options positioning (DTE 23), the ATM straddle implies a standardized 1.14% 1-day move.

The expected range for the next 23 days is 88.58 — 93.97 , corresponding to +3.08% / -2.83% .

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 95.61 (4.89% above spot).

Bearish positioning points to downside pressure toward 87.10 (4.45% below spot).

Options flow strength: 0.75 (0–1 scale). ATM Strike: 90.00, Call: 3.02, Put: 1.95, Straddle Cost: 4.97.

Price moves are likely to stay range-bound. The short-term gamma flip is near 87.65 , with intermediate positioning around 88.64 . The mid-term gamma flip remains near 88.23.