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

Analyze the complete EC 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 EC.

Latest Data: 2026-10-13 (EDT)

Max Pain Price

Exp: 2026-10-16

Gamma Flip

11.44

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.315

Shows put vs call positioning

IV Skew

6.30

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

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: 73%

Current DPI is 0.736(bullish). Bullish, 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

The support levels for EC are at 17.42, 17.28, and 16.88, while the resistance levels are at 17.62, 17.76, and 18.16. The pivot point, a key reference price for traders, is at 19.00.

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

Based on the latest options positioning (DTE 3), the ATM straddle implies a standardized 2.97% 1-day move.

The expected range for the next 3 days is 16.76 — 18.24 , corresponding to +4.09% / -4.35% .

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 18.62 (6.30% above spot).

Bearish positioning points to downside pressure toward 16.33 (6.81% below spot).

Options flow strength: 0.48 (0–1 scale). ATM Strike: 18.00, Call: 0.10, Put: 0.80, Straddle Cost: 0.90.

Price moves are likely to stay range-bound. The short-term gamma flip is near 16.60 , with intermediate positioning around 11.44 . The mid-term gamma flip remains near 11.44.