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.
Near-Term Options-Derived Market Structure
BEARISH BIAS
Reflecting options positioning and volatility conditions over the coming sessions.
A slight bearish tilt is visible, though the signal is weak and insufficient for a strong directional call. 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 0.755(bullish). Bullish, momentum neutral or unclear.
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 2026-08-21 options expiry. 90% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 4)
Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 3.28% 1-day move.
The expected range for the next 4 days is 7.69 — 8.68 , corresponding to +2.63% / -9.08% .
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 8.74 (3.30% above spot).
Bearish positioning points to downside pressure toward 7.09 (16.24% below spot).
Options flow strength: 0.41 (0–1 scale). ATM Strike: 8.50, Call: 0.17, Put: 0.39, Straddle Cost: 0.56.
Price moves are likely to stay range-bound. The short-term gamma flip is near 6.63 , with intermediate positioning around 6.63 . The mid-term gamma flip remains near 6.63.