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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: 2026-07-14 (EDT)
Max Pain Price
7.5
Exp: 2026-07-17
Gamma Flip
7.89
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.338
Shows put vs call positioning
IV Skew
-8.85
Put–call IV difference
Max Pain Price Volatility
σ = 5.00
low volatility
Confidence 75%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure indicates a clear bearish tilt. Several major factors align to the downside, suggesting elevated short-term downside risk. 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: 67%

Current DPI is 0.968(neutral). ⏳ Neutral accumulation, DPI neutral, but makers are actively building positions.

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. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2026-07-17 options expiry. 100% confidence

The support levels for AQN are at 5.78, 5.75, and 5.66, while the resistance levels are at 5.84, 5.87, and 5.96. The pivot point, a key reference price for traders, is at 7.50.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 3)

Based on the latest options positioning (DTE 3), the ATM straddle implies a standardized 9.29% 1-day move.


The expected range for the next 3 days is 5.25 6.80 , corresponding to +16.99% / -9.68% .

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 7.50 (29.09% above spot).

Bearish positioning points to downside pressure toward 5.00 (13.94% below spot).


Options flow strength: 0.34 (0–1 scale). ATM Strike: 5.00, Call: 0.83, Put: 0.11, Straddle Cost: 0.94.


Price moves may extend once a direction forms. The short-term gamma flip is near 8.18 , with intermediate positioning around 7.89 . The mid-term gamma flip remains near 7.89.