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

Analyze the complete XYL 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 XYL.

Latest Data: 2026-08-28 (EDT)
Max Pain Price
120
Exp: 2026-09-18
Gamma Flip
112.32
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.725
Shows put vs call positioning
IV Skew
-6.27
Put–call IV difference
Max Pain Price Volatility
σ = 14.21
high volatility
Confidence 50%

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

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 60%

Current DPI is -0.218(bearish). Bearish, 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 2026-09-18 options expiry. 100% confidence

The support levels for XYL are at 110.61, 109.55, and 106.87, while the resistance levels are at 112.01, 113.07, and 115.75. The pivot point, a key reference price for traders, is at 120.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 21)

Based on the latest options positioning (DTE 21), the ATM straddle implies a standardized 0.99% 1-day move.


The expected range for the next 21 days is 108.53 115.58 , corresponding to +3.84% / -2.50% .

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 118.04 (6.05% above spot).

Bearish positioning points to downside pressure toward 107.06 (3.82% below spot).


Options flow strength: 0.84 (0–1 scale). ATM Strike: 110.00, Call: 3.25, Put: 1.82, Straddle Cost: 5.08.


Price moves may extend once a direction forms. The short-term gamma flip is near 112.03 , with intermediate positioning around 112.32 . The mid-term gamma flip remains near 112.32.