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.
Near-Term Options-Derived Market Structure
BULLISH BIAS
Reflecting options positioning and volatility conditions over the coming sessions.
The options market shows a strong bullish alignment. Multiple key factors point firmly to the upside, supported by dealer flows and positioning. 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 -0.215(neutral). ⏳ Neutral distribution, DPI neutral, but makers are actively shedding positions. Trend approaching turning point (Momentum Deceleration) with Low Saturation Gamma saturation
Options Terrain Outlook (3-Month)
Options positioning suggests a structurally constrained trading environment, where price movements are more likely to stall or mean-revert rather than extend. Volatility conditions remain relatively smooth. Price action is strongly influenced by existing options constraints. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-10-16 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 3)
Based on the latest options positioning (DTE 3), the ATM straddle implies a standardized 2.08% 1-day move.
The expected range for the next 3 days is 54.19 — 65.06 , corresponding to +17.27% / -2.33% .
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 71.27 (28.45% above spot).
Bearish positioning points to downside pressure toward 53.70 (3.21% below spot).
Options flow strength: 0.80 (0–1 scale). ATM Strike: 55.00, Call: 1.15, Put: 0.85, Straddle Cost: 2.00.
Price moves are likely to stay range-bound. The short-term gamma flip is near 53.45 , with intermediate positioning around 50.94 . The mid-term gamma flip remains near 50.94.