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

Analyze the complete FIG 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 FIG.

Latest Data: 2026-02-06 (EDT)
Max Pain Price
27
Exp: 2026-02-06
Gamma Flip
20.42
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.877
Shows put vs call positioning
IV Skew
-3.18
Put–call IV difference
Max Pain Price Volatility
σ = 21.64
high volatility
Confidence 75%

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: 67%

Current DPI is -0.341(neutral). ⏳ Neutral distribution, DPI neutral, but makers are actively shedding positions. Trend approaching turning point (Momentum Deceleration) with Low Saturation Gamma saturation

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. 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 2026-02-13 options expiry. 100% confidence

The support levels for FIG are at 21.48, 20.87, and 16.48, while the resistance levels are at 22.50, 23.11, and 27.50. The pivot point, a key reference price for traders, is at 27.00.

Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)

Expiry 2026-02-06 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is neutral (-0.10), pin strength 0.70.


Based on same-day expiring options (0DTE), the ATM straddle implies an 7.75% standardized 1-day equivalent move, serving as an intraday volatility reference.


The implied intraday range is approximately 19.95 24.15 , corresponding to +9.81% / -9.27% .

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 25.21 (14.63% above spot).

Bearish positioning points to downside pressure toward 19.00 (13.60% below spot).


Options flow strength: 0.52 (0–1 scale). ATM Strike: 23.00, Call: 0.03, Put: 1.68, Straddle Cost: 1.70.


Short-term moves may occur, but follow-through is uncertain. The short-term gamma flip is near 24.14 , with intermediate positioning around 20.42 . The mid-term gamma flip remains near 20.60.