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.
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 0.658(neutral). Neutral consolidation, trend and momentum are indistinct. From the current DPI structure, dealers appear largely neutral, suggesting limited willingness to reinforce directional price moves.. Trend approaching turning point (Momentum Deceleration) with Low Saturation Gamma saturation
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
Short-Term Options-Implied Price Range & Flow Structure (DTE: 2)
Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.63% 1-day move.
The expected range for the next 2 days is 114.42 — 118.25 , corresponding to +1.62% / -1.68% .
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 118.90 (2.17% above spot).
Bearish positioning points to downside pressure toward 113.71 (2.28% below spot).
Options flow strength: 0.72 (0–1 scale). ATM Strike: 116.00, Call: 1.52, Put: 1.17, Straddle Cost: 2.68.
Price moves are likely to stay range-bound. The short-term gamma flip is near 113.04 , with intermediate positioning around 112.90 . The mid-term gamma flip remains near 104.23.