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: 2026-07-14 (EDT)

Max Pain Price

12.5

Exp: 2026-07-17

Gamma Flip

9.70

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.538

Shows put vs call positioning

IV Skew

15.03

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low volatility

Confidence 40%

Near-Term Options-Derived Market Structure

NEUTRAL OUTLOOK

Reflecting options positioning and volatility conditions over the coming sessions.

Neutral positioning with only partial factor alignment, indicating a balanced but less predictable environment. 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: 91%

Current DPI is 0.7(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. Options constraints exert a moderate influence on price behavior. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2026-09-18 options expiry. 100% confidence

The support levels for DX are at 13.18, 13.11, and 13.01, while the resistance levels are at 13.26, 13.33, and 13.43. The pivot point, a key reference price for traders, is at 12.50.

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

Based on the latest options positioning (DTE 3), the ATM straddle implies a standardized 2.53% 1-day move.

The expected range for the next 3 days is 12.73 — 16.03 , corresponding to +21.25% / -3.73% .

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 19.04 (44.00% above spot).

Bearish positioning points to downside pressure toward 12.40 (6.21% below spot).

Options flow strength: 0.26 (0–1 scale). ATM Strike: 12.50, Call: 0.55, Put: 0.03, Straddle Cost: 0.58.

Price moves may extend once a direction forms. The short-term gamma flip is near 16.10 , with intermediate positioning around 9.70 . The mid-term gamma flip remains near 13.23.