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

Analyze the complete QCOM 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 QCOM.

Latest Data: 2026-03-25 (EDT)
Max Pain Price
135
Exp: 2026-03-27
Gamma Flip
129.11
Gamma Flip (≈60 days)
Put/Call OI Ratio
1.723
Shows put vs call positioning
IV Skew
0.51
Put–call IV difference
Max Pain Price Volatility
σ = 11.21
medium volatility
Confidence 88%

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: 67%

Current DPI is -0.582(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 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 2026-03-27 options expiry. 100% confidence

The support levels for QCOM are at 129.46, 128.12, and 124.08, while the resistance levels are at 131.24, 132.58, and 136.62. The pivot point, a key reference price for traders, is at 135.00.

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

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.65% 1-day move.


The expected range for the next 2 days is 127.72 132.08 , corresponding to +1.33% / -2.02% .

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 132.52 (1.66% above spot).

Bearish positioning points to downside pressure toward 126.67 (2.82% below spot).


Options flow strength: 0.81 (0–1 scale). ATM Strike: 130.00, Call: 1.67, Put: 1.38, Straddle Cost: 3.04.


Price moves are likely to stay range-bound. The short-term gamma flip is near 128.89 , with intermediate positioning around 129.11 . The mid-term gamma flip remains near 129.25.