WY Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete WY 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 WY.
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 -0.308(neutral). Neutral consolidation, trend and momentum are indistinct. From the current DPI structure, dealers appear largely neutral, suggesting limited willingness to reinforce directional price moves..
Options Terrain Outlook (3-Month)
The market is positioned near a structural transition zone, where options exposure may shift the prevailing trading regime. Volatility conditions are moderately choppy. Options constraints exert a moderate influence on price behavior. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2026-09-18 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 21)
Based on the latest options positioning (DTE 21), the ATM straddle implies a standardized 1.08% 1-day move.
The expected range for the next 21 days is 23.18 — 24.47 , corresponding to +3.51% / -1.96% .
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 25.09 (6.11% above spot).
Bearish positioning points to downside pressure toward 22.89 (3.17% below spot).
Options flow strength: 0.52 (0–1 scale). ATM Strike: 24.00, Call: 0.35, Put: 0.82, Straddle Cost: 1.17.
Price moves may extend once a direction forms. The short-term gamma flip is near 24.98 , with intermediate positioning around 24.97 . The mid-term gamma flip remains near 24.97.