WhaleQuant.io

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

Analyze the complete BRO 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 BRO.

Latest Data: 2026-08-28 (EDT)
Max Pain Price
75
Exp: 2026-09-18
Gamma Flip
63.09
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.427
Shows put vs call positioning
IV Skew
-2.69
Put–call IV difference
Max Pain Price Volatility
σ = 5.73
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: 67%

Current DPI is 0.917(bullish). Bullish, 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 2026-09-18 options expiry. 100% confidence

The support levels for BRO are at 72.90, 72.29, and 70.67, while the resistance levels are at 73.72, 74.33, and 75.95. The pivot point, a key reference price for traders, is at 75.00.

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

Based on the latest options positioning (DTE 21), the ATM straddle implies a standardized 1.29% 1-day move.


The expected range for the next 21 days is 67.98 74.63 , corresponding to +1.80% / -7.27% .

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 75.25 (2.64% above spot).

Bearish positioning points to downside pressure toward 64.27 (12.33% below spot).


Options flow strength: 0.69 (0–1 scale). ATM Strike: 75.00, Call: 1.30, Put: 3.05, Straddle Cost: 4.35.


Price moves are likely to stay range-bound. The short-term gamma flip is near 63.09 , with intermediate positioning around 63.09 . The mid-term gamma flip remains near 63.09.