WhaleQuant.io

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

Analyze the complete A 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 A.

Latest Data: 2026-02-06 (EDT)
Max Pain Price
135
Exp: 2026-02-20
Gamma Flip
137.56
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.843
Shows put vs call positioning
IV Skew
-3.66
Put–call IV difference
Max Pain Price Volatility
σ = 0.00
low volatility
Confidence 75%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options market shows a strong bullish alignment. Multiple key factors point firmly to the upside, supported by dealer flows and positioning. 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 -0.39(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. Price action is strongly influenced by existing options constraints. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2026-02-20 options expiry. 90% confidence

The support levels for A are at 128.33, 126.83, and 122.22, while the resistance levels are at 130.83, 132.33, and 136.94. The pivot point, a key reference price for traders, is at 135.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 14)

Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 1.22% 1-day move.


The expected range for the next 14 days is 123.24 136.56 , corresponding to +5.39% / -4.89% .

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 141.30 (9.05% above spot).

Bearish positioning points to downside pressure toward 119.00 (8.17% below spot).


Options flow strength: 0.68 (0–1 scale). ATM Strike: 130.00, Call: 3.05, Put: 2.85, Straddle Cost: 5.90.


Price moves may extend once a direction forms. The short-term gamma flip is near 136.92 , with intermediate positioning around 137.56 . The mid-term gamma flip remains near 137.67.