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

Analyze the complete WFC 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 WFC.

Latest Data: 2026-07-20 (EDT)

Max Pain Price

Exp: 2026-07-24

Gamma Flip

86.49

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.122

Shows put vs call positioning

IV Skew

-3.53

Put–call IV difference

Max Pain Price Volatility

σ = 7.96

medium volatility

Confidence 35%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

A slight bearish tilt is visible, though the signal is weak and insufficient for a strong directional call. 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: 100%

Current DPI is 0.464(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 elevated, implying wider and less stable price swings. Options constraints exert a moderate influence on price behavior. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-08-21 options expiry. 100% confidence

The support levels for WFC are at 85.86, 85.15, and 83.38, while the resistance levels are at 86.80, 87.51, and 89.28. The pivot point, a key reference price for traders, is at 86.00.

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

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 1.35% 1-day move.

The expected range for the next 4 days is 85.48 — 87.65 , corresponding to +1.52% / -0.98% .

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 88.14 (2.10% above spot).

Bearish positioning points to downside pressure toward 85.31 (1.18% below spot).

Options flow strength: 0.82 (0–1 scale). ATM Strike: 86.00, Call: 1.35, Put: 0.97, Straddle Cost: 2.33.

Price moves may extend once a direction forms. The short-term gamma flip is near 86.66 , with intermediate positioning around 86.49 . The mid-term gamma flip remains near 86.46.