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

Analyze the complete VST 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 VST.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

152.5

Exp: 2026-03-27

Gamma Flip

154.14

Gamma Flip (≈60 days)

Put/Call OI Ratio

2.095

Shows put vs call positioning

IV Skew

-3.31

Put–call IV difference

Max Pain Price Volatility

σ = 17.28

high volatility

Confidence 88%

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: 60%

Current DPI is -0.498(neutral). ⏳ Neutral distribution, DPI neutral, but makers are actively shedding positions.

Options Terrain Outlook (3-Month)

The market is positioned near a structural transition zone, where options exposure may shift the prevailing trading regime. 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 VST are at 149.30, 146.64, and 129.79, while the resistance levels are at 153.72, 156.38, and 173.23. The pivot point, a key reference price for traders, is at 152.50.

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

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 2.73% 1-day move.

The expected range for the next 2 days is 147.90 — 156.72 , corresponding to +3.44% / -2.38% .

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 158.89 (4.87% above spot).

Bearish positioning points to downside pressure toward 146.86 (3.07% below spot).

Options flow strength: 0.77 (0–1 scale). ATM Strike: 152.50, Call: 2.37, Put: 3.48, Straddle Cost: 5.85.

Price moves may extend once a direction forms. The short-term gamma flip is near 163.37 , with intermediate positioning around 154.14 . The mid-term gamma flip remains near 163.44.