STZ Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete STZ 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 STZ.
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 -0.441(bullish). Bullish, 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 are moderately choppy. Options constraints exert a moderate influence on price behavior. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-06-18 options expiry. 90% confidence
Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)
Expiry 2026-06-05 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is bearish (-0.50), pin strength 0.90.
Based on same-day expiring options (0DTE), the ATM straddle implies an 1.40% standardized 1-day equivalent move, serving as an intraday volatility reference.
The implied intraday range is approximately 139.24 — 145.28 , corresponding to +3.10% / -1.18% .
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 147.97 (5.01% above spot).
Bearish positioning points to downside pressure toward 138.77 (1.52% below spot).
Options flow strength: 0.62 (0–1 scale). ATM Strike: 141.00, Call: 0.95, Put: 1.03, Straddle Cost: 1.98.
Price moves may extend once a direction forms. The short-term gamma flip is near 144.73 , with intermediate positioning around 144.41 . The mid-term gamma flip remains near 144.46.