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

Analyze the complete CIG 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 CIG.

Latest Data: 2026-10-13 (EDT)

Max Pain Price

2.5

Exp: 2026-10-16

Gamma Flip

N/A

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.220

Shows put vs call positioning

IV Skew

-3.09

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low volatility

Confidence 35%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

A slight bearish tilt is visible, though the signal is weak and insufficient for a strong directional call. 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: 100%

Current DPI is 0.963(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. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-12-18 options expiry. 100% confidence

The support levels for CIG are at 2.32, 2.29, and 2.20, while the resistance levels are at 2.36, 2.39, and 2.48. The pivot point, a key reference price for traders, is at 2.50.

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

Based on the latest options positioning (DTE 3), the ATM straddle implies a standardized 12.34% 1-day move.

The expected range for the next 3 days is 2.09 — 2.52 , corresponding to +7.48% / -10.82% .

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 2.50 (6.84% above spot).

Bearish positioning points to downside pressure toward 2.00 (14.53% below spot).

Options flow strength: 0.14 (0–1 scale). ATM Strike: 2.50, Call: 0.05, Put: 0.45, Straddle Cost: 0.50.

Market signals are mixed and less reliable. The short-term gamma flip is near 3.32 .