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

Analyze the complete ERIE 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 ERIE.

Latest Data: 2026-03-26 (EDT)

Max Pain Price

300

Exp: 2026-04-17

Gamma Flip

N/A

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.280

Shows put vs call positioning

IV Skew

-6.13

Put–call IV difference

Max Pain Price Volatility

σ = 7.85

medium volatility

Confidence 85%

Near-Term Options-Derived Market Structure

NEUTRAL OUTLOOK

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a high-confidence neutral environment. Dealer positioning and volatility suppression suggest a stable range-bound setup rather than a directional move. 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: 100%

Current DPI is 0.516(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 elevated, implying wider and less stable price swings. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-06-18 options expiry. 100% confidence

The support levels for ERIE are at 233.44, 229.46, and 215.11, while the resistance levels are at 238.74, 242.72, and 257.07. The pivot point, a key reference price for traders, is at 300.00.

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

Based on the latest options positioning (DTE 23), the ATM straddle implies a standardized 1.57% 1-day move.

The expected range for the next 23 days is 231.52 — 244.12 , corresponding to +3.40% / -1.94% .

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 248.82 (5.39% above spot).

Bearish positioning points to downside pressure toward 229.52 (2.78% below spot).

Options flow strength: 0.67 (0–1 scale). ATM Strike: 240.00, Call: 6.20, Put: 11.55, Straddle Cost: 17.75.

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