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 0.86(strong-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. Structural constraints from options positioning are relatively light. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-02-20 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 14)
Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 0.94% 1-day move.
The expected range for the next 14 days is 129.72 — 137.76 , corresponding to +2.18% / -3.78% .
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 139.57 (3.52% above spot).
Bearish positioning points to downside pressure toward 126.15 (6.43% below spot).
Options flow strength: 0.63 (0–1 scale). ATM Strike: 135.00, Call: 2.35, Put: 2.38, Straddle Cost: 4.72.
Price moves are likely to stay range-bound. The short-term gamma flip is near 129.00 , with intermediate positioning around 121.91 . The mid-term gamma flip remains near 108.55.