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

Analyze the complete CX 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 CX.

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

0.100

Shows put vs call positioning

IV Skew

-3.62

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: 100%

Current DPI is 0.905(bullish). Bullish, momentum neutral or unclear.

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. Price action is strongly influenced by existing options constraints. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2026-03-20 options expiry. 90% confidence

The support levels for CX are at 12.13, 12.02, and 11.68, while the resistance levels are at 12.27, 12.38, and 12.72. The pivot point, a key reference price for traders, is at 13.00.

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

Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 1.42% 1-day move.

The expected range for the next 14 days is 11.74 — 12.73 , corresponding to +4.32% / -3.76% .

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 13.10 (7.41% above spot).

Bearish positioning points to downside pressure toward 11.42 (6.36% below spot).

Options flow strength: 0.55 (0–1 scale). ATM Strike: 12.00, Call: 0.45, Put: 0.20, Straddle Cost: 0.65.

Short-term moves may occur, but follow-through is uncertain. The short-term gamma flip is near 15.94 . The mid-term gamma flip remains near 10.77.