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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: 2026-02-06 (EDT)
Max Pain Price
33
Exp: 2026-02-20
Gamma Flip
27.46
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.285
Shows put vs call positioning
IV Skew
0.73
Put–call IV difference
Max Pain Price Volatility
σ = 0.00
low 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

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: 67%

Current DPI is 0.73(strong-bullish). Bullish, momentum neutral or unclear.

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 are moderately choppy. Price action is strongly influenced by existing options constraints. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-02-20 options expiry. 90% confidence

The support levels for IBN are at 30.95, 30.68, and 30.11, while the resistance levels are at 31.41, 31.68, and 32.25. The pivot point, a key reference price for traders, is at 33.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 14)

Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 0.92% 1-day move.


The expected range for the next 14 days is 30.33 31.85 , corresponding to +2.15% / -2.72% .

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 32.31 (3.61% above spot).

Bearish positioning points to downside pressure toward 29.72 (4.68% below spot).


Options flow strength: 0.53 (0–1 scale). ATM Strike: 31.00, Call: 0.65, Put: 0.42, Straddle Cost: 1.07.


Market signals are mixed and less reliable. No short-term gamma flip is observed , with intermediate positioning around 27.46 . The mid-term gamma flip remains near 27.46.