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.

Latest Data: 2026-02-06 (EDT)

Max Pain Price

290

Exp: 2026-02-20

Gamma Flip

266.76

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.553

Shows put vs call positioning

IV Skew

2.62

Put–call IV difference

Max Pain Price Volatility

σ = 0.00

low volatility

Confidence 35%

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 0.838(strong-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 2026-02-20 options expiry. 100% confidence

The support levels for ECL are at 288.26, 285.77, and 280.86, while the resistance levels are at 292.40, 294.89, and 299.80. The pivot point, a key reference price for traders, is at 290.00.

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

Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 1.29% 1-day move.

The expected range for the next 14 days is 277.36 — 296.60 , corresponding to +2.16% / -4.47% .

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 300.11 (3.37% above spot).

Bearish positioning points to downside pressure toward 268.21 (7.62% below spot).

Options flow strength: 0.60 (0–1 scale). ATM Strike: 290.00, Call: 7.30, Put: 6.75, Straddle Cost: 14.05.

Market signals are mixed and less reliable. No short-term gamma flip is observed , with intermediate positioning around 266.76 . The mid-term gamma flip remains near 268.97.