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

Analyze the complete UPS 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 UPS.

Latest Data: 2026-03-27 (EDT)
Max Pain Price
101
Exp: 2026-03-27
Gamma Flip
96.70
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.980
Shows put vs call positioning
IV Skew
0.96
Put–call IV difference
Max Pain Price Volatility
σ = 14.97
high volatility
Confidence 75%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options market shows a strong bullish alignment. Multiple key factors point firmly to the upside, supported by dealer flows and positioning. Options Chian

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 67%

Current DPI is -0.373(bearish). Bearish, 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 moderately choppy. 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 UPS are at 93.82, 92.35, and 88.21, while the resistance levels are at 95.78, 97.25, and 101.39. The pivot point, a key reference price for traders, is at 101.00.

Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)

Expiry 2026-03-27 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is neutral (-0.10), pin strength 0.70.


Based on same-day expiring options (0DTE), the ATM straddle implies an 1.16% standardized 1-day equivalent move, serving as an intraday volatility reference.


The implied intraday range is approximately 92.15 97.23 , corresponding to +2.56% / -2.79% .

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 98.77 (4.19% above spot).

Bearish positioning points to downside pressure toward 90.42 (4.62% below spot).


Options flow strength: 0.58 (0–1 scale). ATM Strike: 95.00, Call: 0.99, Put: 0.11, Straddle Cost: 1.09.


Price moves may extend once a direction forms. The short-term gamma flip is near 97.03 , with intermediate positioning around 96.70 . The mid-term gamma flip remains near 97.06.