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

Analyze the complete WDC 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 WDC.

Latest Data: 2026-07-14 (EDT)
Max Pain Price
510
Exp: 2026-07-17
Gamma Flip
583.98
Gamma Flip (≈60 days)
Put/Call OI Ratio
1.449
Shows put vs call positioning
IV Skew
-7.78
Put–call IV difference
Max Pain Price Volatility
σ = 120.00
high 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: 83%

Current DPI is 0.342(strong-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 continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-07-17 options expiry. 100% confidence

The support levels for WDC are at 535.94, 503.99, and 262.12, while the resistance levels are at 590.70, 622.65, and 864.52. The pivot point, a key reference price for traders, is at 510.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 3)

Based on the latest options positioning (DTE 3), the ATM straddle implies a standardized 5.27% 1-day move.


The expected range for the next 3 days is 528.14 599.17 , corresponding to +6.36% / -6.25% .

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 611.91 (8.63% above spot).

Bearish positioning points to downside pressure toward 515.78 (8.44% below spot).


Options flow strength: 1.00 (0–1 scale). ATM Strike: 562.50, Call: 26.62, Put: 24.82, Straddle Cost: 51.45.


Price moves may extend once a direction forms. The short-term gamma flip is near 585.04 , with intermediate positioning around 583.98 . The mid-term gamma flip remains near 583.70.