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

Analyze the complete PPG 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 PPG.

Latest Data: 2026-08-17 (EDT)
Max Pain Price
125
Exp: 2026-08-21
Gamma Flip
112.97
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.275
Shows put vs call positioning
IV Skew
-0.74
Put–call IV difference
Max Pain Price Volatility
σ = 8.42
medium volatility
Confidence 66%

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: 62%

Current DPI is 0.377(bearish). Bearish, 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 elevated, implying wider and less stable price swings. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-08-21 options expiry. 100% confidence

The support levels for PPG are at 112.76, 111.75, and 109.01, while the resistance levels are at 114.12, 115.13, and 117.87. The pivot point, a key reference price for traders, is at 125.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 4)

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 1.13% 1-day move.


The expected range for the next 4 days is 106.43 119.87 , corresponding to +5.67% / -6.18% .

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 124.22 (9.50% above spot).

Bearish positioning points to downside pressure toward 101.65 (10.39% below spot).


Options flow strength: 0.71 (0–1 scale). ATM Strike: 113.00, Call: 1.40, Put: 1.18, Straddle Cost: 2.58.


Price moves are likely to stay range-bound. The short-term gamma flip is near 113.13 , with intermediate positioning around 112.97 . The mid-term gamma flip remains near 112.97.