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

Analyze the complete TSM 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 TSM.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

300

Exp: 2026-03-27

Gamma Flip

343.49

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.171

Shows put vs call positioning

IV Skew

-3.39

Put–call IV difference

Max Pain Price Volatility

σ = 47.22

high 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: 100%

Current DPI is 0.54(bullish). Bullish, momentum neutral or unclear. Trend approaching turning point (Momentum Deceleration) with Moderate 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 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 2026-03-27 options expiry. 100% confidence

The support levels for TSM are at 341.72, 334.68, and 305.76, while the resistance levels are at 353.78, 360.82, and 389.74. The pivot point, a key reference price for traders, is at 300.00.

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

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.84% 1-day move.

The expected range for the next 2 days is 333.63 — 352.71 , corresponding to +1.43% / -4.06% .

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 353.90 (1.77% above spot).

Bearish positioning points to downside pressure toward 327.03 (5.96% below spot).

Options flow strength: 0.95 (0–1 scale). ATM Strike: 347.50, Call: 4.75, Put: 4.30, Straddle Cost: 9.05.

Price moves are likely to stay range-bound. The short-term gamma flip is near 344.25 , with intermediate positioning around 343.49 . The mid-term gamma flip remains near 342.87.