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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: 2026-09-24 (EDT)
Max Pain Price
23
Exp: 2026-09-25
Gamma Flip
22.28
Gamma Flip (≈60 days)
Put/Call OI Ratio
1.124
Shows put vs call positioning
IV Skew
-0.96
Put–call IV difference
Max Pain Price Volatility
σ = 17.36
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

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 80%

Current DPI is -0.057(neutral). Neutral consolidation, trend and momentum are indistinct. From the current DPI structure, dealers appear largely neutral, suggesting limited willingness to reinforce directional price moves..

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. Price action is strongly influenced by existing options constraints. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-09-25 options expiry. 90% confidence

The support levels for FIG are at 20.97, 20.53, and 17.35, while the resistance levels are at 21.71, 22.15, and 25.33. The pivot point, a key reference price for traders, is at 23.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 1)

Expiry 2026-09-25 (DTE 1): Pinning structure with suppressed volatility. Option flow bias is neutral (0.00), pin strength 0.70.


Based on the latest options positioning (DTE 1), the ATM straddle implies a standardized 3.47% 1-day move.


The expected range for the next 1 days is 20.80 — 22.46 , corresponding to +5.23% / -2.55% .

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 23.04 (7.96% above spot).

Bearish positioning points to downside pressure toward 20.69 (3.05% below spot).


Options flow strength: 0.61 (0–1 scale). ATM Strike: 21.50, Call: 0.38, Put: 0.36, Straddle Cost: 0.74.


Price moves may extend once a direction forms. The short-term gamma flip is near 22.29 , with intermediate positioning around 22.28 . The mid-term gamma flip remains near 22.28.