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

Analyze the complete PONY 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 PONY.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

11.5

Exp: 2026-03-27

Gamma Flip

9.19

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.418

Shows put vs call positioning

IV Skew

-5.32

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

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 -0.043(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 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 2026-05-15 options expiry. 100% confidence

The support levels for PONY are at 11.26, 11.05, and 9.77, while the resistance levels are at 11.52, 11.73, and 13.01. The pivot point, a key reference price for traders, is at 11.50.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 2)

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 6.95% 1-day move.

The expected range for the next 2 days is 10.73 — 12.15 , corresponding to +6.66% / -5.78% .

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 12.42 (9.00% above spot).

Bearish positioning points to downside pressure toward 10.55 (7.35% below spot).

Options flow strength: 0.57 (0–1 scale). ATM Strike: 11.50, Call: 0.54, Put: 0.58, Straddle Cost: 1.12.

Market signals are mixed and less reliable. No short-term gamma flip is observed , with intermediate positioning around 9.19 . The mid-term gamma flip remains near 9.19.