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

Analyze the complete TEVA 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 TEVA.

Latest Data: 2026-08-10 (EDT)

Max Pain Price

35.5

Exp: 2026-08-14

Gamma Flip

27.38

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.252

Shows put vs call positioning

IV Skew

-0.92

Put–call IV difference

Max Pain Price Volatility

σ = 5.60

medium 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: 83%

Current DPI is 0.935(bullish). Bullish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

Options positioning suggests a structurally constrained trading environment, where price movements are more likely to stall or mean-revert rather than extend. Volatility conditions are moderately choppy. Price action is strongly influenced by existing options constraints. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-09-18 options expiry. 100% confidence

The support levels for TEVA are at 35.91, 35.57, and 34.52, while the resistance levels are at 36.37, 36.71, and 37.76. The pivot point, a key reference price for traders, is at 35.50.

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

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 1.48% 1-day move.

The expected range for the next 4 days is 34.90 — 37.80 , corresponding to +4.59% / -3.44% .

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 39.07 (8.11% above spot).

Bearish positioning points to downside pressure toward 34.02 (5.88% below spot).

Options flow strength: 0.47 (0–1 scale). ATM Strike: 36.00, Call: 0.27, Put: 0.80, Straddle Cost: 1.07.

Price moves are likely to stay range-bound. The short-term gamma flip is near 30.56 , with intermediate positioning around 27.38 . The mid-term gamma flip remains near 27.38.