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

Analyze the complete EXPE 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 EXPE.

Latest Data: 2026-10-14 (EDT)

Max Pain Price

265

Exp: 2026-10-16

Gamma Flip

263.82

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.068

Shows put vs call positioning

IV Skew

-1.43

Put–call IV difference

Max Pain Price Volatility

σ = 33.35

high 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 0.319(bullish). Bullish, momentum neutral or unclear.

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 are moderately choppy. 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

The support levels for EXPE are at 271.03, 266.64, and 247.77, while the resistance levels are at 278.35, 282.74, and 301.61. The pivot point, a key reference price for traders, is at 265.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 2)

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 2.11% 1-day move.

The expected range for the next 2 days is 258.29 — 286.09 , corresponding to +4.15% / -5.97% .

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 291.98 (6.30% above spot).

Bearish positioning points to downside pressure toward 248.92 (9.38% below spot).

Options flow strength: 0.79 (0–1 scale). ATM Strike: 275.00, Call: 3.75, Put: 4.45, Straddle Cost: 8.20.

Price moves are likely to stay range-bound. The short-term gamma flip is near 262.73 , with intermediate positioning around 263.82 . The mid-term gamma flip remains near 263.43.