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: 2026-08-17 (EDT)

Max Pain Price

27.5

Exp: 2026-08-21

Gamma Flip

25.72

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.571

Shows put vs call positioning

IV Skew

4.99

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

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 62%

Current DPI is -0.306(bearish). Bearish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

Options positioning suggests a structurally constrained trading environment, where price movements are more likely to stall or mean-revert rather than extend. Volatility conditions are moderately choppy. Price action is strongly influenced by existing options constraints. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-09-18 options expiry. 90% confidence

The support levels for VICI are at 25.87, 25.72, and 25.45, while the resistance levels are at 26.05, 26.20, and 26.47. The pivot point, a key reference price for traders, is at 27.50.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 4)

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 2.03% 1-day move.

The expected range for the next 4 days is 25.30 — 27.12 , corresponding to +4.45% / -2.54% .

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 27.90 (7.46% above spot).

Bearish positioning points to downside pressure toward 24.98 (3.79% below spot).

Options flow strength: 0.50 (0–1 scale). ATM Strike: 25.00, Call: 1.02, Put: 0.03, Straddle Cost: 1.05.

Market signals are mixed and less reliable. No short-term gamma flip is observed , with intermediate positioning around 25.72 . The mid-term gamma flip remains near 25.72.