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

Analyze the complete IBRX 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 IBRX.

Latest Data: 2026-02-06 (EDT)

Max Pain Price

7.5

Exp: 2026-02-20

Gamma Flip

6.45

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.508

Shows put vs call positioning

IV Skew

-3.72

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low volatility

Confidence 35%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

A slight bearish tilt is visible, though the signal is weak and insufficient for a strong directional call. 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 0.739(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 IBRX are at 5.94, 5.78, and 4.74, while the resistance levels are at 6.16, 6.32, and 7.36. The pivot point, a key reference price for traders, is at 7.50.

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

Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 4.53% 1-day move.

The expected range for the next 14 days is 5.70 — 7.36 , corresponding to +21.73% / -5.82% .

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 8.13 (34.36% above spot).

Bearish positioning points to downside pressure toward 5.56 (8.14% below spot).

Options flow strength: 0.86 (0–1 scale). ATM Strike: 6.00, Call: 0.53, Put: 0.50, Straddle Cost: 1.02.

Market signals are mixed and less reliable. The short-term gamma flip is near 6.65 , with intermediate positioning around 6.45 .