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

Analyze the complete FLUT 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 FLUT.

Latest Data: 2026-08-17 (EDT)

Max Pain Price

115

Exp: 2026-08-21

Gamma Flip

111.57

Gamma Flip (≈60 days)

Put/Call OI Ratio

2.917

Shows put vs call positioning

IV Skew

-2.99

Put–call IV difference

Max Pain Price Volatility

σ = 72.71

high volatility

Confidence 88%

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: 80%

Current DPI is -0.784(strong-bearish). Bearish, 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. Price action is strongly influenced by existing options constraints. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2026-09-18 options expiry. 90% confidence

The support levels for FLUT are at 93.83, 90.85, and 71.43, while the resistance levels are at 98.95, 101.93, and 121.35. The pivot point, a key reference price for traders, is at 115.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 4)

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 2.02% 1-day move.

The expected range for the next 4 days is 94.33 — 105.74 , corresponding to +9.70% / -2.14% .

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 111.85 (16.04% above spot).

Bearish positioning points to downside pressure toward 93.57 (2.93% below spot).

Options flow strength: 0.73 (0–1 scale). ATM Strike: 95.00, Call: 2.73, Put: 1.17, Straddle Cost: 3.90.

Price moves may extend once a direction forms. The short-term gamma flip is near 107.71 , with intermediate positioning around 111.57 . The mid-term gamma flip remains near 111.57.