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.
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 0.863(neutral). ⏳ Neutral accumulation, DPI neutral, but makers are actively building positions.
Options Terrain Outlook (3-Month)
Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions are elevated, implying wider and less stable price swings. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-12-18 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 1)
Expiry 2026-10-02 (DTE 1): Pinning structure with suppressed volatility. Option flow bias is bearish (-0.30), pin strength 0.70.
Based on the latest options positioning (DTE 1), the ATM straddle implies a standardized 2.14% 1-day move.
The expected range for the next 1 days is 37.82 — 39.92 , corresponding to +1.56% / -3.80% .
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 40.04 (1.86% above spot).
Bearish positioning points to downside pressure toward 36.93 (6.05% below spot).
Options flow strength: 0.56 (0–1 scale). ATM Strike: 39.50, Call: 0.26, Put: 0.58, Straddle Cost: 0.84.
Market signals are mixed and less reliable. No short-term gamma flip is observed , with intermediate positioning around 37.73 . The mid-term gamma flip remains near 36.19.