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

Analyze the complete IAG 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 IAG.

Latest Data: 2026-08-28 (EDT)

Max Pain Price

Exp: 2026-09-18

Gamma Flip

N/A

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.230

Shows put vs call positioning

IV Skew

-14.75

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low volatility

Confidence 52%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a moderate bearish bias. Downside factors are present but not dominant. 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: 83%

Current DPI is 0.904(bearish). Bearish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions are elevated, implying wider and less stable price swings. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-09-18 options expiry. 100% confidence

The support levels for IAG are at 20.41, 20.15, and 18.95, while the resistance levels are at 20.77, 21.03, and 22.23. The pivot point, a key reference price for traders, is at 28.00.

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

Based on the latest options positioning (DTE 21), the ATM straddle implies a standardized 2.46% 1-day move.

The expected range for the next 21 days is 19.78 — 22.93 , corresponding to +11.36% / -3.94% .

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 24.49 (18.96% above spot).

Bearish positioning points to downside pressure toward 19.37 (5.92% below spot).

Options flow strength: 0.71 (0–1 scale). ATM Strike: 21.00, Call: 1.07, Put: 1.25, Straddle Cost: 2.33.

Market signals are mixed and less reliable. No short-term gamma flip is observed