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

Analyze the complete PCAR 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 PCAR.

Latest Data: 2026-07-14 (EDT)
Max Pain Price
120
Exp: 2026-07-17
Gamma Flip
116.08
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.362
Shows put vs call positioning
IV Skew
2.54
Put–call IV difference
Max Pain Price Volatility
σ = 5.68
medium volatility
Confidence 70%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure indicates a clear bearish tilt. Several major factors align to the downside, suggesting elevated short-term downside risk. 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 0.833(neutral). ⏳ Neutral accumulation, DPI neutral, but makers are actively building positions. Trend approaching turning point (Momentum Deceleration) with Low Saturation Gamma saturation

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 are moderately choppy. 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 PCAR are at 123.28, 122.30, and 119.83, while the resistance levels are at 124.60, 125.58, and 128.05. The pivot point, a key reference price for traders, is at 120.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 3)

Based on the latest options positioning (DTE 3), the ATM straddle implies a standardized 1.63% 1-day move.


The expected range for the next 3 days is 117.35 126.65 , corresponding to +2.19% / -5.31% .

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 127.99 (3.27% above spot).

Bearish positioning points to downside pressure toward 112.72 (9.06% below spot).


Options flow strength: 0.58 (0–1 scale). ATM Strike: 125.00, Call: 0.70, Put: 2.80, Straddle Cost: 3.50.


Price moves are likely to stay range-bound. The short-term gamma flip is near 118.50 , with intermediate positioning around 116.08 . The mid-term gamma flip remains near 116.02.