WhaleQuant.io

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: 2026-07-14 (EDT)
Max Pain Price
19
Exp: 2026-07-17
Gamma Flip
10.50
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.133
Shows put vs call positioning
IV Skew
-2.36
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: 67%

Current DPI is 0.893(bullish). Bullish, momentum neutral or unclear. Trend approaching turning point (Momentum Deceleration) with Low Saturation Gamma saturation

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. Price action is strongly influenced by existing options constraints. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2026-07-17 options expiry. 90% confidence

The support levels for EC are at 16.04, 15.86, and 15.15, while the resistance levels are at 16.28, 16.46, and 17.17. 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 2.41% 1-day move.


The expected range for the next 3 days is 15.41 17.52 , corresponding to +8.43% / -4.66% .

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 18.42 (14.01% above spot).

Bearish positioning points to downside pressure toward 14.98 (7.28% below spot).


Options flow strength: 0.67 (0–1 scale). ATM Strike: 16.00, Call: 0.25, Put: 0.42, Straddle Cost: 0.68.


Short-term moves may occur, but follow-through is uncertain. The short-term gamma flip is near 25.42 , with intermediate positioning around 10.50 . The mid-term gamma flip remains near 10.50.