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

Analyze the complete ENB 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 ENB.

Latest Data: 2026-10-13 (EDT)

Max Pain Price

62.5

Exp: 2026-10-16

Gamma Flip

N/A

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.324

Shows put vs call positioning

IV Skew

7.37

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low 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: 89%

Current DPI is 0.082(strong-bullish). Bullish, momentum neutral or unclear. 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. 90% confidence

The support levels for ENB are at 47.31, 47.09, and 46.73, while the resistance levels are at 47.61, 47.83, and 48.19. The pivot point, a key reference price for traders, is at 62.50.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 3)

Based on the latest options positioning (DTE 3), the ATM straddle implies a standardized 0.79% 1-day move.

The expected range for the next 3 days is 45.69 — 51.32 , corresponding to +8.13% / -3.72% .

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 54.46 (14.74% above spot).

Bearish positioning points to downside pressure toward 44.36 (6.54% below spot).

Options flow strength: 0.57 (0–1 scale). ATM Strike: 47.50, Call: 0.30, Put: 0.35, Straddle Cost: 0.65.

Market signals are mixed and less reliable. No short-term gamma flip is observed