PDD Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete PDD 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 PDD.
Near-Term Options-Derived Market Structure
BULLISH BIAS
Reflecting options positioning and volatility conditions over the coming sessions.
The options data shows a moderate bullish tilt. There is some directional support, though momentum remains limited. 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 -0.706(bearish). Bearish, momentum neutral or unclear.
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 are elevated, implying wider and less stable price swings. Options constraints exert a moderate influence on price behavior. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2026-10-02 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 1)
Expiry 2026-10-02 (DTE 1): Pinning structure with suppressed volatility. Option flow bias is neutral (0.20), pin strength 0.80.
Based on the latest options positioning (DTE 1), the ATM straddle implies a standardized 1.42% 1-day move.
The expected range for the next 1 days is 75.69 — 78.82 , corresponding to +3.04% / -1.06% .
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 80.19 (4.83% above spot).
Bearish positioning points to downside pressure toward 75.52 (1.28% below spot).
Options flow strength: 0.66 (0–1 scale). ATM Strike: 76.00, Call: 0.84, Put: 0.24, Straddle Cost: 1.08.
Price moves may extend once a direction forms. The short-term gamma flip is near 80.92 , with intermediate positioning around 81.65 . The mid-term gamma flip remains near 81.77.