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

Analyze the complete SNPS 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 SNPS.

Latest Data: 2026-03-25 (EDT)
Max Pain Price
450
Exp: 2026-03-27
Gamma Flip
435.32
Gamma Flip (≈60 days)
Put/Call OI Ratio
1.246
Shows put vs call positioning
IV Skew
-2.88
Put–call IV difference
Max Pain Price Volatility
σ = 31.43
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

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 -0.336(bearish). Bearish, 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 moderately choppy. 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 SNPS are at 401.62, 391.41, and 343.11, while the resistance levels are at 418.64, 428.85, and 477.15. The pivot point, a key reference price for traders, is at 450.00.

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

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 2.27% 1-day move.


The expected range for the next 2 days is 402.12 427.92 , corresponding to +4.34% / -1.95% .

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 437.55 (6.69% above spot).

Bearish positioning points to downside pressure toward 399.83 (2.51% below spot).


Options flow strength: 0.71 (0–1 scale). ATM Strike: 410.00, Call: 6.60, Put: 6.55, Straddle Cost: 13.15.


Price moves may extend once a direction forms. The short-term gamma flip is near 435.30 , with intermediate positioning around 435.32 . The mid-term gamma flip remains near 435.25.