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: 2026-07-15 (EDT)

Max Pain Price

330

Exp: 2026-07-17

Gamma Flip

346.11

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.100

Shows put vs call positioning

IV Skew

1.14

Put–call IV difference

Max Pain Price Volatility

σ = 13.88

high volatility

Confidence 50%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a moderate bearish bias. Downside factors are present but not dominant. 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 0.481(strong-bearish). Bearish, 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 2026-07-17 options expiry. 100% confidence

The support levels for EG are at 362.16, 359.21, and 353.01, while the resistance levels are at 366.10, 369.05, and 375.25. The pivot point, a key reference price for traders, is at 330.00.

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

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.64% 1-day move.

The expected range for the next 2 days is 353.34 — 376.97 , corresponding to +3.53% / -2.96% .

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 385.26 (5.80% above spot).

Bearish positioning points to downside pressure toward 346.86 (4.74% below spot).

Options flow strength: 0.55 (0–1 scale). ATM Strike: 360.00, Call: 6.85, Put: 1.60, Straddle Cost: 8.45.

Short-term moves may occur, but follow-through is uncertain. The short-term gamma flip is near 365.81 , with intermediate positioning around 346.11 . The mid-term gamma flip remains near 346.11.