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

Analyze the complete VZLA 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 VZLA.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

7.5

Exp: 2026-04-17

Gamma Flip

1.89

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.687

Shows put vs call positioning

IV Skew

-6.12

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low volatility

Confidence 50%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options data shows a moderate bullish tilt. There is some directional support, though momentum remains limited. 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: 62%

Current DPI is 0.392(neutral). ⏳ Neutral accumulation, DPI neutral, but makers are actively building positions.

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. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-04-17 options expiry. 100% confidence

The support levels for VZLA are at 3.19, 3.11, and 2.64, while the resistance levels are at 3.29, 3.37, and 3.84. The pivot point, a key reference price for traders, is at 7.50.

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

Based on the latest options positioning (DTE 23), the ATM straddle implies a standardized 5.63% 1-day move.

The expected range for the next 23 days is 2.78 — 5.04 , corresponding to +55.41% / -14.16% .

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 6.36 (96.38% above spot).

Bearish positioning points to downside pressure toward 2.50 (22.84% below spot).

Options flow strength: 0.67 (0–1 scale). ATM Strike: 2.50, Call: 0.78, Put: 0.10, Straddle Cost: 0.88.

Price moves are likely to stay range-bound. The short-term gamma flip is near 1.83 , with intermediate positioning around 1.89 . The mid-term gamma flip remains near 1.89.