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

Analyze the complete EIX 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 EIX.

Latest Data: 2026-08-28 (EDT)

Max Pain Price

67.5

Exp: 2026-09-18

Gamma Flip

71.82

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.444

Shows put vs call positioning

IV Skew

-6.23

Put–call IV difference

Max Pain Price Volatility

σ = 5.91

medium volatility

Confidence 40%

Near-Term Options-Derived Market Structure

NEUTRAL OUTLOOK

Reflecting options positioning and volatility conditions over the coming sessions.

Neutral positioning with only partial factor alignment, indicating a balanced but less predictable environment. 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: 64%

Current DPI is -0.131(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. Price action is strongly influenced by existing options constraints. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-09-18 options expiry. 100% confidence

The support levels for EIX are at 69.66, 68.89, and 66.13, while the resistance levels are at 70.68, 71.45, and 74.21. The pivot point, a key reference price for traders, is at 67.50.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 21)

Based on the latest options positioning (DTE 21), the ATM straddle implies a standardized 1.88% 1-day move.

The expected range for the next 21 days is 68.21 — 73.56 , corresponding to +4.83% / -2.80% .

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 75.21 (7.19% above spot).

Bearish positioning points to downside pressure toward 67.40 (3.94% below spot).

Options flow strength: 0.94 (0–1 scale). ATM Strike: 70.00, Call: 3.20, Put: 2.85, Straddle Cost: 6.05.

Price moves may extend once a direction forms. The short-term gamma flip is near 71.63 , with intermediate positioning around 71.82 . The mid-term gamma flip remains near 71.82.