DTE Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete DTE 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 DTE.
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 0.347(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 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 2026-10-16 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 21)
Based on the latest options positioning (DTE 21), the ATM straddle implies a standardized 0.81% 1-day move.
The expected range for the next 21 days is 134.91 — 144.71 , corresponding to +6.51% / -0.70% .
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 152.09 (11.94% above spot).
Bearish positioning points to downside pressure toward 134.62 (0.91% below spot).
Options flow strength: 0.53 (0–1 scale). ATM Strike: 135.00, Call: 3.30, Put: 1.75, Straddle Cost: 5.05.
Price moves are likely to stay range-bound. The short-term gamma flip is near 135.12 , with intermediate positioning around 124.50 . The mid-term gamma flip remains near 124.50.