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

Analyze the complete EL 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 EL.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

Exp: 2026-04-17

Gamma Flip

73.83

Gamma Flip (≈60 days)

Put/Call OI Ratio

2.413

Shows put vs call positioning

IV Skew

-1.85

Put–call IV difference

Max Pain Price Volatility

σ = 10.90

medium volatility

Confidence 88%

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: 60%

Current DPI is -0.611(bullish). Bullish, 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 remain relatively smooth. Options constraints exert a moderate influence on price behavior. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2026-06-18 options expiry. 100% confidence

The support levels for EL are at 72.11, 70.61, and 61.11, while the resistance levels are at 74.11, 75.61, and 85.11. The pivot point, a key reference price for traders, is at 90.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 23)

Based on the latest options positioning (DTE 23), the ATM straddle implies a standardized 2.29% 1-day move.

The expected range for the next 23 days is 70.27 — 77.26 , corresponding to +5.67% / -3.89% .

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 79.44 (8.65% above spot).

Bearish positioning points to downside pressure toward 68.94 (5.70% below spot).

Options flow strength: 0.85 (0–1 scale). ATM Strike: 75.00, Call: 3.20, Put: 4.83, Straddle Cost: 8.03.

Price moves may extend once a direction forms. The short-term gamma flip is near 82.47 , with intermediate positioning around 73.83 . The mid-term gamma flip remains near 88.07.