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

Analyze the complete AG 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 AG.

Latest Data: 2026-08-28 (EDT)
Max Pain Price
22
Exp: 2026-08-28
Gamma Flip
15.13
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.402
Shows put vs call positioning
IV Skew
-9.42
Put–call IV difference
Max Pain Price Volatility
σ = 5.52
medium volatility
Confidence 52%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a moderate bearish bias. Downside factors are present but not dominant. Options Chian

On the put side, the bearish positioning looks mainly like hedging. This reflects caution and short-term protection rather than a true bearish call. Confidence: 100%

Current DPI is 0.792(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. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-12-18 options expiry. 100% confidence

The support levels for AG are at 20.55, 20.24, and 18.60, while the resistance levels are at 20.97, 21.28, and 22.92. The pivot point, a key reference price for traders, is at 22.00.

Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)

Expiry 2026-08-28 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is bearish (-0.30), pin strength 0.80.


Based on same-day expiring options (0DTE), the ATM straddle implies an 2.77% standardized 1-day equivalent move, serving as an intraday volatility reference.


The implied intraday range is approximately 19.81 21.31 , corresponding to +2.64% / -4.56% .

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 21.49 (3.54% above spot).

Bearish positioning points to downside pressure toward 19.31 (7.00% below spot).


Options flow strength: 0.64 (0–1 scale). ATM Strike: 21.00, Call: 0.53, Put: 0.05, Straddle Cost: 0.58.


Price moves are likely to stay range-bound. The short-term gamma flip is near 15.42 , with intermediate positioning around 15.13 . The mid-term gamma flip remains near 15.13.