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

Analyze the complete STX 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 STX.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

407.5

Exp: 2026-03-27

Gamma Flip

391.50

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.565

Shows put vs call positioning

IV Skew

-3.36

Put–call IV difference

Max Pain Price Volatility

σ = 77.04

high 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 0.753(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 2026-03-27 options expiry. 100% confidence

The support levels for STX are at 400.36, 385.35, and 271.72, while the resistance levels are at 426.08, 441.09, and 554.72. The pivot point, a key reference price for traders, is at 407.50.

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

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 3.49% 1-day move.

The expected range for the next 2 days is 396.97 — 432.39 , corresponding to +4.64% / -3.93% .

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 440.24 (6.54% above spot).

Bearish positioning points to downside pressure toward 391.02 (5.37% below spot).

Options flow strength: 0.86 (0–1 scale). ATM Strike: 412.50, Call: 10.80, Put: 9.60, Straddle Cost: 20.40.

Price moves are likely to stay range-bound. The short-term gamma flip is near 392.56 , with intermediate positioning around 391.50 . The mid-term gamma flip remains near 378.96.