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: 2026-03-25 (EDT)

Max Pain Price

290

Exp: 2026-04-17

Gamma Flip

320.78

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.019

Shows put vs call positioning

IV Skew

-5.62

Put–call IV difference

Max Pain Price Volatility

σ = 22.89

high volatility

Confidence 85%

Near-Term Options-Derived Market Structure

NEUTRAL OUTLOOK

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a high-confidence neutral environment. Dealer positioning and volatility suppression suggest a stable range-bound setup rather than a directional move. 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 0.163(strong-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 remain relatively smooth. Options constraints exert a moderate influence on price behavior. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-04-17 options expiry. 100% confidence

The support levels for SHW are at 317.20, 311.50, and 292.93, while the resistance levels are at 326.70, 332.40, and 350.97. The pivot point, a key reference price for traders, is at 290.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 23)

Based on the latest options positioning (DTE 23), the ATM straddle implies a standardized 1.20% 1-day move.

The expected range for the next 23 days is 305.83 — 332.04 , corresponding to +3.13% / -5.01% .

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 337.64 (4.87% above spot).

Bearish positioning points to downside pressure toward 296.08 (8.04% below spot).

Options flow strength: 0.80 (0–1 scale). ATM Strike: 320.00, Call: 10.45, Put: 8.05, Straddle Cost: 18.50.

Short-term moves may occur, but follow-through is uncertain. The short-term gamma flip is near 327.51 , with intermediate positioning around 320.78 . The mid-term gamma flip remains near 316.69.