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

Analyze the complete GGB 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 GGB.

Latest Data: 2026-08-28 (EDT)

Max Pain Price

Exp: 2026-09-18

Gamma Flip

5.53

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.023

Shows put vs call positioning

IV Skew

17.87

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low volatility

Confidence 50%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options data shows a moderate bullish tilt. There is some directional support, though momentum remains limited. 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 0.217(bullish). Bullish, 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 GGB are at 4.56, 4.51, and 4.34, while the resistance levels are at 4.62, 4.67, and 4.84. The pivot point, a key reference price for traders, is at 5.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 21)

Based on the latest options positioning (DTE 21), the ATM straddle implies a standardized 2.16% 1-day move.

The expected range for the next 21 days is 3.51 — 4.83 , corresponding to +5.20% / -23.47% .

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 5.01 (9.08% above spot).

Bearish positioning points to downside pressure toward 2.50 (45.53% below spot).

Options flow strength: 0.42 (0–1 scale). ATM Strike: 5.00, Call: 0.03, Put: 0.42, Straddle Cost: 0.45.

Price moves may extend once a direction forms. The short-term gamma flip is near 5.52 , with intermediate positioning around 5.53 . The mid-term gamma flip remains near 5.53.