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

Analyze the complete STLA 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 STLA.

Latest Data: 2026-08-17 (EDT)

Max Pain Price

Exp: 2026-08-21

Gamma Flip

5.46

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.068

Shows put vs call positioning

IV Skew

-3.31

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low volatility

Confidence 79%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options market shows a strong bullish alignment. Multiple key factors point firmly to the upside, supported by dealer flows and positioning. 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 -0.492(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 moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2027-01-15 options expiry. 100% confidence

The support levels for STLA are at 5.08, 5.03, and 4.80, while the resistance levels are at 5.16, 5.21, and 5.44. The pivot point, a key reference price for traders, is at 6.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 4)

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 2.69% 1-day move.

The expected range for the next 4 days is 5.01 — 5.65 , corresponding to +10.31% / -2.22% .

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 6.06 (18.41% above spot).

Bearish positioning points to downside pressure toward 4.98 (2.82% below spot).

Options flow strength: 0.50 (0–1 scale). ATM Strike: 5.00, Call: 0.20, Put: 0.08, Straddle Cost: 0.28.

Market signals are mixed and less reliable. No short-term gamma flip is observed , with intermediate positioning around 5.46 . The mid-term gamma flip remains near 5.46.