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

Analyze the complete TTWO 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 TTWO.

Latest Data: 2026-03-25 (EDT)
Max Pain Price
202.5
Exp: 2026-03-27
Gamma Flip
193.54
Gamma Flip (≈60 days)
Put/Call OI Ratio
1.473
Shows put vs call positioning
IV Skew
-5.41
Put–call IV difference
Max Pain Price Volatility
σ = 22.24
high volatility
Confidence 62%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options data shows a moderate bullish tilt. There is some directional support, though momentum remains limited. 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: 50%

Current DPI is -0.407(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 are elevated, implying wider and less stable price swings. Options constraints exert a moderate influence on price behavior. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-04-17 options expiry. 100% confidence

The support levels for TTWO are at 189.87, 186.06, and 171.26, while the resistance levels are at 196.23, 200.04, and 214.84. The pivot point, a key reference price for traders, is at 202.50.

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

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.86% 1-day move.


The expected range for the next 2 days is 189.60 204.42 , corresponding to +5.89% / -1.79% .

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 212.44 (10.04% above spot).

Bearish positioning points to downside pressure toward 188.39 (2.41% below spot).


Options flow strength: 0.57 (0–1 scale). ATM Strike: 192.50, Call: 2.77, Put: 2.30, Straddle Cost: 5.07.


Price moves may extend once a direction forms. The short-term gamma flip is near 193.46 , with intermediate positioning around 193.54 . The mid-term gamma flip remains near 200.72.