WSM Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete WSM 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 WSM.
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: 71%
Current DPI is 0.716(strong-bullish). Bullish, 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 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 2026-12-18 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 49)
Based on the latest options positioning (DTE 49), the ATM straddle implies a standardized 1.41% 1-day move.
The expected range for the next 49 days is 226.73 — 244.03 , corresponding to +3.80% / -3.56% .
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 249.86 (6.28% above spot).
Bearish positioning points to downside pressure toward 221.38 (5.83% below spot).
Options flow strength: 0.62 (0–1 scale). ATM Strike: 240.00, Call: 9.35, Put: 13.85, Straddle Cost: 23.20.
Price moves are likely to stay range-bound. The short-term gamma flip is near 164.56 , with intermediate positioning around 223.23 . The mid-term gamma flip remains near 212.28.