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

Analyze the complete IBN 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 IBN.

Latest Data: 2026-10-01 (EDT)

Max Pain Price

Exp: 2026-10-16

Gamma Flip

28.04

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.696

Shows put vs call positioning

IV Skew

-2.69

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low 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 -0.375(neutral). ⏳ Neutral distribution, DPI neutral, but makers are actively shedding positions.

Options Terrain Outlook (3-Month)

Options positioning suggests a structurally constrained trading environment, where price movements are more likely to stall or mean-revert rather than extend. Volatility conditions remain relatively smooth. Price action is strongly influenced by existing options constraints. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-12-18 options expiry. 90% confidence

The support levels for IBN are at 27.42, 27.27, and 27.03, while the resistance levels are at 27.60, 27.75, and 27.99. The pivot point, a key reference price for traders, is at 32.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 15)

Based on the latest options positioning (DTE 15), the ATM straddle implies a standardized 1.13% 1-day move.

The expected range for the next 15 days is 27.16 — 29.61 , corresponding to +7.62% / -1.27% .

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 31.44 (14.30% above spot).

Bearish positioning points to downside pressure toward 27.00 (1.85% below spot).

Options flow strength: 0.46 (0–1 scale). ATM Strike: 28.00, Call: 0.45, Put: 0.75, Straddle Cost: 1.20.

Market signals are mixed and less reliable. No short-term gamma flip is observed , with intermediate positioning around 28.04 . The mid-term gamma flip remains near 28.43.