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

Analyze the complete BTE 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 BTE.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

Exp: 2026-04-17

Gamma Flip

N/A

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.016

Shows put vs call positioning

IV Skew

6.25

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 0.925(strong-bearish). Bearish, 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 2026-04-17 options expiry. 90% confidence

The support levels for BTE are at 4.16, 4.12, and 3.95, while the resistance levels are at 4.22, 4.26, and 4.43. The pivot point, a key reference price for traders, is at 5.00.

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

Based on the latest options positioning (DTE 23), the ATM straddle implies a standardized 4.60% 1-day move.

The expected range for the next 23 days is 3.24 — 4.70 , corresponding to +12.06% / -22.61% .

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 5.05 (20.64% above spot).

Bearish positioning points to downside pressure toward 2.48 (40.87% below spot).

Options flow strength: 0.51 (0–1 scale). ATM Strike: 5.00, Call: 0.05, Put: 0.88, Straddle Cost: 0.93.

Market signals are mixed and less reliable. No short-term gamma flip is observed