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

Analyze the complete DLR 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 DLR.

Latest Data: 2026-10-13 (EDT)

Max Pain Price

182.5

Exp: 2026-10-16

Gamma Flip

176.22

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.764

Shows put vs call positioning

IV Skew

-3.98

Put–call IV difference

Max Pain Price Volatility

σ = 14.16

high volatility

Confidence 88%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options market shows a strong bullish alignment. Multiple key factors point firmly to the upside, supported by dealer flows and positioning. 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: 67%

Current DPI is -0.363(bearish). Bearish, 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 remain relatively smooth. Price action is strongly influenced by existing options constraints. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-10-16 options expiry. 100% confidence

The support levels for DLR are at 177.04, 175.39, and 171.31, while the resistance levels are at 179.24, 180.89, and 184.97. The pivot point, a key reference price for traders, is at 182.50.

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

Based on the latest options positioning (DTE 3), the ATM straddle implies a standardized 1.44% 1-day move.

The expected range for the next 3 days is 168.21 — 191.57 , corresponding to +7.54% / -5.57% .

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 201.36 (13.03% above spot).

Bearish positioning points to downside pressure toward 161.27 (9.47% below spot).

Options flow strength: 0.63 (0–1 scale). ATM Strike: 177.50, Call: 3.17, Put: 1.27, Straddle Cost: 4.45.

Market signals are mixed and less reliable. The short-term gamma flip is near 176.28 , with intermediate positioning around 176.22 . The mid-term gamma flip remains near 183.89.