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

Analyze the complete SLB 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 SLB.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

Exp: 2026-03-27

Gamma Flip

42.92

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.291

Shows put vs call positioning

IV Skew

-3.24

Put–call IV difference

Max Pain Price Volatility

σ = 7.70

medium volatility

Confidence 35%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

A slight bearish tilt is visible, though the signal is weak and insufficient for a strong directional call. 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 0.912(bullish). Bullish, momentum neutral or unclear. Trend approaching turning point (Momentum Deceleration) with Low Saturation Gamma saturation

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 moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-05-15 options expiry. 100% confidence

The support levels for SLB are at 51.50, 50.90, and 48.72, while the resistance levels are at 52.28, 52.88, and 55.06. The pivot point, a key reference price for traders, is at 50.00.

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

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.90% 1-day move.

The expected range for the next 2 days is 50.49 — 52.44 , corresponding to +1.05% / -2.69% .

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 52.44 (1.07% above spot).

Bearish positioning points to downside pressure toward 49.82 (3.98% below spot).

Options flow strength: 0.67 (0–1 scale). ATM Strike: 52.00, Call: 0.64, Put: 0.76, Straddle Cost: 1.40.

Price moves are likely to stay range-bound. The short-term gamma flip is near 43.92 , with intermediate positioning around 42.92 . The mid-term gamma flip remains near 43.44.