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

Analyze the complete AQN 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 AQN.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

7.5

Exp: 2026-04-17

Gamma Flip

9.13

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.026

Shows put vs call positioning

IV Skew

5.00

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low volatility

Confidence 85%

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

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: 73%

Current DPI is 0.945(neutral). ⏳ Neutral accumulation, DPI neutral, but makers are actively building positions.

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 2026-04-17 options expiry. 90% confidence

The support levels for AQN are at 6.24, 6.19, and 6.04, while the resistance levels are at 6.30, 6.35, and 6.50. The pivot point, a key reference price for traders, is at 7.50.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 23)

Based on the latest options positioning (DTE 23), the ATM straddle implies a standardized 4.21% 1-day move.

The expected range for the next 23 days is 5.54 — 6.98 , corresponding to +11.35% / -11.63% .

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 7.51 (19.72% above spot).

Bearish positioning points to downside pressure toward 5.00 (20.26% below spot).

Options flow strength: 0.48 (0–1 scale). ATM Strike: 7.50, Call: 0.04, Put: 1.23, Straddle Cost: 1.27.

Price moves may extend once a direction forms. The short-term gamma flip is near 9.13 , with intermediate positioning around 9.13 . The mid-term gamma flip remains near 9.13.