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

Analyze the complete ERIC 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 ERIC.

Latest Data: 2026-02-06 (EDT)

Max Pain Price

Exp: 2026-02-20

Gamma Flip

10.24

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.397

Shows put vs call positioning

IV Skew

9.34

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low volatility

Confidence 52%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a moderate bearish bias. Downside factors are present but not dominant. 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: 65%

Current DPI is 0.9(bullish). Bullish, momentum neutral or unclear.

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. Options constraints exert a moderate influence on price behavior. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-04-17 options expiry. 90% confidence

The support levels for ERIC are at 11.11, 11.04, and 10.89, while the resistance levels are at 11.21, 11.28, and 11.43. The pivot point, a key reference price for traders, is at 11.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 14)

Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 1.14% 1-day move.

The expected range for the next 14 days is 10.57 — 11.63 , corresponding to +4.22% / -5.25% .

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 12.01 (7.58% above spot).

Bearish positioning points to downside pressure toward 10.09 (9.60% below spot).

Options flow strength: 0.47 (0–1 scale). ATM Strike: 11.00, Call: 0.33, Put: 0.15, Straddle Cost: 0.48.

Short-term moves may occur, but follow-through is uncertain. The short-term gamma flip is near 13.50 , with intermediate positioning around 10.24 . The mid-term gamma flip remains near 9.33.