PTON Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete PTON 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 PTON.
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
Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 67%
Current DPI is -0.554(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. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2026-04-17 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)
Expiry 2026-02-06 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is bearish (-0.30), pin strength 0.70.
Based on same-day expiring options (0DTE), the ATM straddle implies an 2.70% standardized 1-day equivalent move, serving as an intraday volatility reference.
The implied intraday range is approximately 4.51 — 5.22 , corresponding to +12.90% / -2.52% .
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 5.70 (23.29% above spot).
Bearish positioning points to downside pressure toward 4.47 (3.38% below spot).
Options flow strength: 0.51 (0–1 scale). ATM Strike: 4.50, Call: 0.05, Put: 0.08, Straddle Cost: 0.12.
Price moves may extend once a direction forms. The short-term gamma flip is near 5.24 , with intermediate positioning around 4.68 . The mid-term gamma flip remains near 6.03.