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.
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
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: 71%
Current DPI is 0.225(neutral). ⏳ Neutral accumulation, DPI neutral, but makers are actively building positions.
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 2026-04-17 options expiry. 90% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 23)
Based on the latest options positioning (DTE 23), the ATM straddle implies a standardized 1.14% 1-day move.
The expected range for the next 23 days is 318.07 — 332.78 , corresponding to +2.73% / -1.81% .
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 337.90 (4.31% above spot).
Bearish positioning points to downside pressure toward 315.16 (2.71% below spot).
Options flow strength: 0.72 (0–1 scale). ATM Strike: 320.00, Call: 11.55, Put: 6.15, Straddle Cost: 17.70.
Price moves may extend once a direction forms. The short-term gamma flip is near 352.33 , with intermediate positioning around 352.11 . The mid-term gamma flip remains near 341.23.