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

Analyze the complete EG 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 EG.

Latest Data: 2026-10-14 (EDT)

Max Pain Price

440

Exp: 2026-10-16

Gamma Flip

404.78

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.454

Shows put vs call positioning

IV Skew

-2.51

Put–call IV difference

Max Pain Price Volatility

σ = 43.15

high 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

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 67%

Current DPI is -0.107(strong-bullish). Bullish, 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 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 2026-10-16 options expiry. 90% confidence

The support levels for EG are at 370.81, 365.37, and 352.60, while the resistance levels are at 380.13, 385.57, and 398.34. The pivot point, a key reference price for traders, is at 440.00.

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

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.33% 1-day move.

The expected range for the next 2 days is 346.34 — 409.81 , corresponding to +9.15% / -7.76% .

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 435.04 (15.86% above spot).

Bearish positioning points to downside pressure toward 325.27 (13.37% below spot).

Options flow strength: 0.65 (0–1 scale). ATM Strike: 380.00, Call: 1.20, Put: 5.85, Straddle Cost: 7.05.

Price moves may extend once a direction forms. The short-term gamma flip is near 384.23 , with intermediate positioning around 404.78 . The mid-term gamma flip remains near 404.78.