WST Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete WST 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 WST.
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: 80%
Current DPI is -0.112(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. Price action is strongly influenced by existing options constraints. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-02-20 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 14)
Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 3.04% 1-day move.
The expected range for the next 14 days is 228.04 — 258.54 , corresponding to +3.85% / -8.40% .
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 262.57 (5.47% above spot).
Bearish positioning points to downside pressure toward 215.97 (13.25% below spot).
Options flow strength: 0.77 (0–1 scale). ATM Strike: 250.00, Call: 13.90, Put: 14.40, Straddle Cost: 28.30.
Price moves may extend once a direction forms. The short-term gamma flip is near 251.04 , with intermediate positioning around 250.55 . The mid-term gamma flip remains near 250.55.