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

Analyze the complete COMP 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 COMP.

Latest Data: 2026-02-06 (EDT)

Max Pain Price

Exp: 2026-02-20

Gamma Flip

N/A

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.523

Shows put vs call positioning

IV Skew

-5.30

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low volatility

Confidence 75%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure indicates a clear bearish tilt. Several major factors align to the downside, suggesting elevated short-term downside risk. 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: 62%

Current DPI is 0.597(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 2026-02-20 options expiry. 100% confidence

The support levels for COMP are at 12.16, 12.00, and 11.23, while the resistance levels are at 12.38, 12.54, and 13.31. The pivot point, a key reference price for traders, is at 12.00.

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

Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 3.43% 1-day move.

The expected range for the next 14 days is 11.89 — 13.01 , corresponding to +6.01% / -3.10% .

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 13.35 (8.83% above spot).

Bearish positioning points to downside pressure toward 11.78 (4.02% below spot).

Options flow strength: 0.86 (0–1 scale). ATM Strike: 12.00, Call: 0.97, Put: 0.60, Straddle Cost: 1.58.

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