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

Analyze the complete TGT 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 TGT.

Latest Data: 2026-07-15 (EDT)
Max Pain Price
130
Exp: 2026-07-17
Gamma Flip
131.02
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.625
Shows put vs call positioning
IV Skew
-0.17
Put–call IV difference
Max Pain Price Volatility
σ = 17.52
high volatility
Confidence 85%

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

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 0.876(bullish). Bullish, 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 remain relatively smooth. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-07-17 options expiry. 100% confidence

The support levels for TGT are at 137.01, 135.47, and 130.34, while the resistance levels are at 139.57, 141.11, and 146.24. The pivot point, a key reference price for traders, is at 130.00.

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

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.73% 1-day move.


The expected range for the next 2 days is 132.95 140.25 , corresponding to +1.42% / -3.86% .

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 140.76 (1.79% above spot).

Bearish positioning points to downside pressure toward 130.19 (5.86% below spot).


Options flow strength: 0.83 (0–1 scale). ATM Strike: 138.00, Call: 2.25, Put: 1.14, Straddle Cost: 3.38.


Price moves are likely to stay range-bound. The short-term gamma flip is near 131.28 , with intermediate positioning around 131.02 . The mid-term gamma flip remains near 127.92.