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

Analyze the complete DX 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 DX.

Latest Data: 2026-02-06 (EDT)

Max Pain Price

Exp: 2026-02-20

Gamma Flip

13.63

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.222

Shows put vs call positioning

IV Skew

8.70

Put–call IV difference

Max Pain Price Volatility

σ = 0.00

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: 65%

Current DPI is 0.181(bullish). Bullish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

Options positioning suggests a structurally constrained trading environment, where price movements are more likely to stall or mean-revert rather than extend. Volatility conditions are moderately choppy. Price action is strongly influenced by existing options constraints. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-03-20 options expiry. 90% confidence

The support levels for DX are at 13.96, 13.83, and 13.55, while the resistance levels are at 14.18, 14.31, and 14.59. The pivot point, a key reference price for traders, is at 15.00.

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

Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 1.98% 1-day move.

The expected range for the next 14 days is 13.09 — 14.62 , corresponding to +3.90% / -6.94% .

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 15.02 (6.79% above spot).

Bearish positioning points to downside pressure toward 12.23 (13.09% below spot).

Options flow strength: 0.34 (0–1 scale). ATM Strike: 15.00, Call: 0.02, Put: 1.02, Straddle Cost: 1.04.

Market signals are mixed and less reliable. No short-term gamma flip is observed , with intermediate positioning around 13.63 . The mid-term gamma flip remains near 13.63.