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

Analyze the complete USB 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 USB.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

Exp: 2026-03-27

Gamma Flip

52.41

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.904

Shows put vs call positioning

IV Skew

5.03

Put–call IV difference

Max Pain Price Volatility

σ = 5.36

medium 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 -0.025(neutral). ⏳ Neutral distribution, DPI neutral, but makers are actively shedding positions.

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 continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-06-18 options expiry. 100% confidence

The support levels for USB are at 51.45, 50.78, and 48.97, while the resistance levels are at 52.33, 53.00, and 54.81. The pivot point, a key reference price for traders, is at 50.00.

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

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.47% 1-day move.

The expected range for the next 2 days is 50.73 — 53.12 , corresponding to +2.38% / -2.24% .

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 53.80 (3.69% above spot).

Bearish positioning points to downside pressure toward 50.11 (3.43% below spot).

Options flow strength: 0.59 (0–1 scale). ATM Strike: 52.00, Call: 0.49, Put: 0.58, Straddle Cost: 1.08.

Price moves may extend once a direction forms. The short-term gamma flip is near 52.40 , with intermediate positioning around 52.41 . The mid-term gamma flip remains near 52.43.