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

Analyze the complete WIT 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 WIT.

Latest Data: 2026-10-02 (EDT)

Max Pain Price

1.5

Exp: 2026-10-16

Gamma Flip

1.22

Gamma Flip (≈60 days)

Put/Call OI Ratio

2.397

Shows put vs call positioning

IV Skew

-11.95

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low volatility

Confidence 100%

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: 80%

Current DPI is -0.501(strong-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 2026-12-18 options expiry. 90% confidence

The support levels for WIT are at 1.71, 1.69, and 1.63, while the resistance levels are at 1.73, 1.75, and 1.81. The pivot point, a key reference price for traders, is at 1.50.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 14)

Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 4.66% 1-day move.

The expected range for the next 14 days is 1.59 — 1.87 , corresponding to +8.97% / -7.40% .

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 2.00 (16.28% above spot).

Bearish positioning points to downside pressure toward 1.50 (12.79% below spot).

Options flow strength: 0.21 (0–1 scale). ATM Strike: 1.50, Call: 0.25, Put: 0.05, Straddle Cost: 0.30.

Market signals are mixed and less reliable. The short-term gamma flip is near 1.22 , with intermediate positioning around 1.22 .