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

Analyze the complete WRB 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 WRB.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

Exp: 2026-04-17

Gamma Flip

N/A

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.408

Shows put vs call positioning

IV Skew

-5.12

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low 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

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 67%

Current DPI is -0.106(neutral). ⏳ Neutral distribution, DPI neutral, but makers are actively shedding 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 WRB are at 64.04, 63.36, and 61.82, while the resistance levels are at 64.94, 65.62, and 67.16. The pivot point, a key reference price for traders, is at 75.00.

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

Based on the latest options positioning (DTE 23), the ATM straddle implies a standardized 0.99% 1-day move.

The expected range for the next 23 days is 63.53 — 70.47 , corresponding to +9.28% / -1.49% .

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 75.13 (16.50% above spot).

Bearish positioning points to downside pressure toward 63.03 (2.26% below spot).

Options flow strength: 0.61 (0–1 scale). ATM Strike: 64.00, Call: 1.77, Put: 1.30, Straddle Cost: 3.07.

Market signals are mixed and less reliable. No short-term gamma flip is observed