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

Analyze the complete VICI 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 VICI.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

27.5

Exp: 2026-04-17

Gamma Flip

28.67

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.611

Shows put vs call positioning

IV Skew

2.34

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low 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 -0.422(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. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2026-06-18 options expiry. 100% confidence

The support levels for VICI are at 26.89, 26.62, and 26.01, while the resistance levels are at 27.25, 27.52, and 28.13. The pivot point, a key reference price for traders, is at 27.50.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 23)

Based on the latest options positioning (DTE 23), the ATM straddle implies a standardized 0.96% 1-day move.

The expected range for the next 23 days is 25.90 — 27.61 , corresponding to +2.01% / -4.33% .

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 27.97 (3.31% above spot).

Bearish positioning points to downside pressure toward 24.98 (7.71% below spot).

Options flow strength: 0.53 (0–1 scale). ATM Strike: 27.50, Call: 0.42, Put: 0.82, Straddle Cost: 1.25.

Price moves may extend once a direction forms. The short-term gamma flip is near 28.96 , with intermediate positioning around 28.67 . The mid-term gamma flip remains near 27.99.