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
The put-side positioning appears neutral with no notable bearish pressure.
Current DPI is -0.008(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 2026-04-17 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 23)
Based on the latest options positioning (DTE 23), the ATM straddle implies a standardized 1.21% 1-day move.
The expected range for the next 23 days is 22.64 — 24.82 , corresponding to +4.96% / -4.26% .
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 25.63 (8.38% above spot).
Bearish positioning points to downside pressure toward 21.97 (7.12% below spot).
Options flow strength: 0.65 (0–1 scale). ATM Strike: 24.00, Call: 0.53, Put: 0.85, Straddle Cost: 1.38.
Price moves are likely to stay range-bound. The short-term gamma flip is near 23.53 , with intermediate positioning around 23.48 . The mid-term gamma flip remains near 23.48.