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

Analyze the complete PH 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 PH.

Latest Data: 2026-10-13 (EDT)

Max Pain Price

1000

Exp: 2026-10-16

Gamma Flip

949.01

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.898

Shows put vs call positioning

IV Skew

-4.03

Put–call IV difference

Max Pain Price Volatility

σ = 79.98

high volatility

Confidence 75%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options market shows a strong bullish alignment. Multiple key factors point firmly to the upside, supported by dealer flows and positioning. 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: 60%

Current DPI is -0.05(neutral). ⏳ Neutral distribution, DPI neutral, but makers are actively shedding positions. Trend approaching turning point (Momentum Deceleration) with Low Saturation Gamma saturation

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. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-11-20 options expiry. 100% confidence

The support levels for PH are at 935.13, 913.76, and 858.99, while the resistance levels are at 971.75, 993.12, and 1047.89. The pivot point, a key reference price for traders, is at 1000.00.

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

Based on the latest options positioning (DTE 3), the ATM straddle implies a standardized 1.38% 1-day move.

The expected range for the next 3 days is 925.11 — 980.17 , corresponding to +2.80% / -2.97% .

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 995.10 (4.37% above spot).

Bearish positioning points to downside pressure toward 908.97 (4.66% below spot).

Options flow strength: 0.70 (0–1 scale). ATM Strike: 950.00, Call: 13.30, Put: 9.55, Straddle Cost: 22.85.

Price moves are likely to stay range-bound. The short-term gamma flip is near 944.67 , with intermediate positioning around 949.01 . The mid-term gamma flip remains near 949.01.