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

Analyze the complete SNY 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 SNY.

Latest Data: 2026-10-01 (EDT)

Max Pain Price

52.5

Exp: 2026-10-16

Gamma Flip

42.97

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.156

Shows put vs call positioning

IV Skew

-4.30

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low 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 -0.186(bearish). Bearish, momentum neutral or unclear.

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 remain relatively smooth. Options constraints exert a moderate influence on price behavior. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2026-12-18 options expiry. 100% confidence

The support levels for SNY are at 40.52, 40.30, and 39.90, while the resistance levels are at 40.82, 41.04, and 41.44. The pivot point, a key reference price for traders, is at 52.50.

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

Based on the latest options positioning (DTE 15), the ATM straddle implies a standardized 1.10% 1-day move.

The expected range for the next 15 days is 39.99 — 45.70 , corresponding to +12.37% / -1.67% .

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 49.92 (22.74% above spot).

Bearish positioning points to downside pressure toward 39.62 (2.59% below spot).

Options flow strength: 0.55 (0–1 scale). ATM Strike: 40.00, Call: 1.27, Put: 0.45, Straddle Cost: 1.72.

Price moves may extend once a direction forms. The short-term gamma flip is near 43.22 , with intermediate positioning around 42.97 . The mid-term gamma flip remains near 43.04.