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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: 2026-02-06 (EDT)
Max Pain Price
85
Exp: 2026-02-20
Gamma Flip
71.81
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.435
Shows put vs call positioning
IV Skew
-0.74
Put–call IV difference
Max Pain Price Volatility
σ = 0.00
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

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 67%

Current DPI is -0.312(strong-bullish). Bullish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

Options positioning suggests a structurally constrained trading environment, where price movements are more likely to stall or mean-revert rather than extend. Volatility conditions are moderately choppy. Price action is strongly influenced by existing options constraints. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-02-20 options expiry. 90% confidence

The support levels for BRO are at 73.04, 72.16, and 69.30, while the resistance levels are at 74.52, 75.40, and 78.26. The pivot point, a key reference price for traders, is at 85.00.

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

Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 1.33% 1-day move.


The expected range for the next 14 days is 71.31 78.75 , corresponding to +6.74% / -3.35% .

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 82.38 (11.66% above spot).

Bearish positioning points to downside pressure toward 69.73 (5.50% below spot).


Options flow strength: 0.62 (0–1 scale). ATM Strike: 75.00, Call: 1.07, Put: 2.60, Straddle Cost: 3.67.


Price moves are likely to stay range-bound. The short-term gamma flip is near 72.19 , with intermediate positioning around 71.81 . The mid-term gamma flip remains near 71.81.