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

Analyze the complete CEG 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 CEG.

Latest Data: 2026-10-01 (EDT)

Max Pain Price

270

Exp: 2026-10-02

Gamma Flip

271.74

Gamma Flip (≈60 days)

Put/Call OI Ratio

2.426

Shows put vs call positioning

IV Skew

-6.23

Put–call IV difference

Max Pain Price Volatility

σ = 21.68

high volatility

Confidence 50%

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

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 60%

Current DPI is -0.4(bullish). Bullish, momentum neutral or unclear. Trend approaching turning point (Momentum Deceleration) with Low Saturation Gamma saturation

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. Options constraints exert a moderate influence on price behavior. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2027-01-15 options expiry. 100% confidence

The support levels for CEG are at 255.85, 252.17, and 236.01, while the resistance levels are at 261.99, 265.67, and 281.83. The pivot point, a key reference price for traders, is at 270.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 1)

Expiry 2026-10-02 (DTE 1): Pinning structure with suppressed volatility. Option flow bias is neutral (0.20), pin strength 0.80.

Based on the latest options positioning (DTE 1), the ATM straddle implies a standardized 2.36% 1-day move.

The expected range for the next 1 days is 252.33 — 268.05 , corresponding to +3.53% / -2.55% .

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 272.51 (5.25% above spot).

Bearish positioning points to downside pressure toward 249.81 (3.52% below spot).

Options flow strength: 0.70 (0–1 scale). ATM Strike: 260.00, Call: 2.95, Put: 3.15, Straddle Cost: 6.10.

Price moves may extend once a direction forms. The short-term gamma flip is near 266.41 , with intermediate positioning around 271.74 . The mid-term gamma flip remains near 271.99.