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: 2026-07-15 (EDT)

Max Pain Price

270

Exp: 2026-07-17

Gamma Flip

282.02

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.617

Shows put vs call positioning

IV Skew

-5.30

Put–call IV difference

Max Pain Price Volatility

σ = 19.86

high volatility

Confidence 50%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options data shows a moderate bullish tilt. There is some directional support, though momentum remains limited. Options Chian

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 71%

Current DPI is -0.182(bearish). Bearish, 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 elevated, implying wider and less stable price swings. 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 ECL are at 268.11, 265.54, and 259.01, while the resistance levels are at 272.39, 274.96, and 281.49. The pivot point, a key reference price for traders, is at 270.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 2)

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.73% 1-day move.

The expected range for the next 2 days is 265.85 — 295.01 , corresponding to +9.16% / -1.63% .

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 311.18 (15.14% above spot).

Bearish positioning points to downside pressure toward 264.44 (2.15% below spot).

Options flow strength: 0.75 (0–1 scale). ATM Strike: 270.00, Call: 4.33, Put: 2.27, Straddle Cost: 6.60.

Price moves may extend once a direction forms. The short-term gamma flip is near 282.37 , with intermediate positioning around 282.02 . The mid-term gamma flip remains near 282.02.