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

Analyze the complete IOT 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 IOT.

Latest Data: 2026-02-06 (EDT)
Max Pain Price
33
Exp: 2026-02-06
Gamma Flip
32.13
Gamma Flip (≈60 days)
Put/Call OI Ratio
2.366
Shows put vs call positioning
IV Skew
1.42
Put–call IV difference
Max Pain Price Volatility
σ = 5.00
low volatility
Confidence 100%

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: 60%

Current DPI is -0.689(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 IOT are at 25.13, 24.70, and 21.94, while the resistance levels are at 25.71, 26.14, and 28.90. The pivot point, a key reference price for traders, is at 33.00.

Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)

Expiry 2026-02-06 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is neutral (-0.10), pin strength 0.70.


Based on same-day expiring options (0DTE), the ATM straddle implies an 6.37% standardized 1-day equivalent move, serving as an intraday volatility reference.


The implied intraday range is approximately 23.21 28.79 , corresponding to +13.27% / -8.70% .

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 31.13 (22.45% above spot).

Bearish positioning points to downside pressure toward 22.00 (13.45% below spot).


Options flow strength: 0.45 (0–1 scale). ATM Strike: 26.00, Call: 0.02, Put: 1.60, Straddle Cost: 1.62.


Market signals are mixed and less reliable. No short-term gamma flip is observed , with intermediate positioning around 32.13 . The mid-term gamma flip remains near 32.08.