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

Analyze the complete OTIS 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 OTIS.

Latest Data: 2026-10-01 (EDT)

Max Pain Price

72.5

Exp: 2026-10-16

Gamma Flip

68.68

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.459

Shows put vs call positioning

IV Skew

2.08

Put–call IV difference

Max Pain Price Volatility

σ = 9.35

medium 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: 50%

Current DPI is -0.245(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)

The market is positioned near a structural transition zone, where options exposure may shift the prevailing trading regime. Volatility conditions remain relatively smooth. Price action is strongly influenced by existing options constraints. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2027-03-19 options expiry. 90% confidence

The support levels for OTIS are at 64.14, 63.63, and 62.45, while the resistance levels are at 64.82, 65.33, and 66.51. The pivot point, a key reference price for traders, is at 72.50.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 15)

Based on the latest options positioning (DTE 15), the ATM straddle implies a standardized 1.04% 1-day move.

The expected range for the next 15 days is 63.16 — 68.23 , corresponding to +5.81% / -2.05% .

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 71.10 (10.27% above spot).

Bearish positioning points to downside pressure toward 62.36 (3.29% below spot).

Options flow strength: 0.58 (0–1 scale). ATM Strike: 65.00, Call: 1.07, Put: 1.52, Straddle Cost: 2.60.

Price moves may extend once a direction forms. The short-term gamma flip is near 68.70 , with intermediate positioning around 68.68 . The mid-term gamma flip remains near 69.22.