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

Analyze the complete SHW 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 SHW.

Latest Data: 2026-10-01 (EDT)

Max Pain Price

300

Exp: 2026-10-16

Gamma Flip

317.78

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.002

Shows put vs call positioning

IV Skew

-9.86

Put–call IV difference

Max Pain Price Volatility

σ = 32.28

high volatility

Confidence 50%

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: 60%

Current DPI is -0.152(bearish). Bearish, 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 2026-10-16 options expiry. 90% confidence

The support levels for SHW are at 317.49, 313.55, and 302.46, while the resistance levels are at 324.07, 328.01, and 339.10. The pivot point, a key reference price for traders, is at 300.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 15)

Based on the latest options positioning (DTE 15), the ATM straddle implies a standardized 1.07% 1-day move.

The expected range for the next 15 days is 310.35 — 333.65 , corresponding to +4.01% / -3.25% .

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 341.59 (6.49% above spot).

Bearish positioning points to downside pressure toward 304.16 (5.18% below spot).

Options flow strength: 0.76 (0–1 scale). ATM Strike: 320.00, Call: 7.40, Put: 5.90, Straddle Cost: 13.30.

Price moves are likely to stay range-bound. The short-term gamma flip is near 317.61 , with intermediate positioning around 317.78 . The mid-term gamma flip remains near 317.82.