ECL Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete ECL 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 ECL.
Near-Term Options-Derived Market Structure
BEARISH BIAS
Reflecting options positioning and volatility conditions over the coming sessions.
A slight bearish tilt is visible, though the signal is weak and insufficient for a strong directional call. 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 0.784(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 2026-09-18 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 21)
Based on the latest options positioning (DTE 21), the ATM straddle implies a standardized 0.94% 1-day move.
The expected range for the next 21 days is 276.99 — 293.14 , corresponding to +2.23% / -3.40% .
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 296.78 (3.50% above spot).
Bearish positioning points to downside pressure toward 270.90 (5.53% below spot).
Options flow strength: 0.74 (0–1 scale). ATM Strike: 290.00, Call: 4.00, Put: 8.30, Straddle Cost: 12.30.
Price moves are likely to stay range-bound. The short-term gamma flip is near 285.23 , with intermediate positioning around 282.07 . The mid-term gamma flip remains near 282.07.