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

Analyze the complete UWMC 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 UWMC.

Latest Data: 2026-02-06 (EDT)
Max Pain Price
6
Exp: 2026-02-06
Gamma Flip
4.23
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.580
Shows put vs call positioning
IV Skew
1.84
Put–call IV difference
Max Pain Price Volatility
σ = 5.00
low 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 0.028(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 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 2026-02-20 options expiry. 100% confidence

The support levels for UWMC are at 4.69, 4.59, and 4.00, while the resistance levels are at 4.81, 4.91, and 5.50. The pivot point, a key reference price for traders, is at 6.00.

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

Expiry 2026-02-06 (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 9.47% standardized 1-day equivalent move, serving as an intraday volatility reference.


The implied intraday range is approximately 4.49 5.05 , corresponding to +6.32% / -5.40% .

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 5.09 (7.09% above spot).

Bearish positioning points to downside pressure toward 4.50 (5.33% below spot).


Options flow strength: 0.53 (0–1 scale). ATM Strike: 4.50, Call: 0.35, Put: 0.10, Straddle Cost: 0.45.


Market signals are mixed and less reliable. The short-term gamma flip is near 4.66 , with intermediate positioning around 4.23 . The mid-term gamma flip remains near 4.81.