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

Analyze the complete SNA 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 SNA.

Latest Data: 2026-07-14 (EDT)

Max Pain Price

390

Exp: 2026-07-17

Gamma Flip

367.30

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.705

Shows put vs call positioning

IV Skew

5.73

Put–call IV difference

Max Pain Price Volatility

σ = 13.76

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 0.886(neutral). ⏳ Neutral accumulation, DPI neutral, but makers are actively building positions.

Options Terrain Outlook (3-Month)

The market is positioned near a structural transition zone, where options exposure may shift the prevailing trading regime. 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 2026-07-17 options expiry. 90% confidence

The support levels for SNA are at 402.57, 399.49, and 393.51, while the resistance levels are at 406.67, 409.75, and 415.73. The pivot point, a key reference price for traders, is at 390.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 3)

Based on the latest options positioning (DTE 3), the ATM straddle implies a standardized 1.13% 1-day move.

The expected range for the next 3 days is 385.89 — 409.26 , corresponding to +1.15% / -4.63% .

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 411.16 (1.62% above spot).

Bearish positioning points to downside pressure toward 369.89 (8.58% below spot).

Options flow strength: 0.42 (0–1 scale). ATM Strike: 400.00, Call: 6.20, Put: 1.70, Straddle Cost: 7.90.

Short-term moves may occur, but follow-through is uncertain. The short-term gamma flip is near 526.01 , with intermediate positioning around 367.30 . The mid-term gamma flip remains near 366.07.