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

Analyze the complete IP 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 IP.

Latest Data: 2026-10-14 (EDT)

Max Pain Price

Exp: 2026-10-16

Gamma Flip

31.76

Gamma Flip (≈60 days)

Put/Call OI Ratio

2.093

Shows put vs call positioning

IV Skew

2.20

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low volatility

Confidence 50%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options data shows a moderate bullish tilt. There is some directional support, though momentum remains limited. 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 -0.534(bullish). Bullish, momentum neutral or unclear. Trend approaching turning point (Momentum Deceleration) with Low Saturation Gamma saturation

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions remain relatively smooth. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2027-01-15 options expiry. 100% confidence

The support levels for IP are at 31.71, 31.42, and 30.54, while the resistance levels are at 32.09, 32.38, and 33.26. The pivot point, a key reference price for traders, is at 35.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 2)

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.83% 1-day move.

The expected range for the next 2 days is 28.95 — 35.31 , corresponding to +10.69% / -9.24% .

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 37.92 (18.86% above spot).

Bearish positioning points to downside pressure toward 26.74 (16.18% below spot).

Options flow strength: 0.59 (0–1 scale). ATM Strike: 32.00, Call: 0.35, Put: 0.47, Straddle Cost: 0.82.

Price moves are likely to stay range-bound. The short-term gamma flip is near 31.76 , with intermediate positioning around 31.76 . The mid-term gamma flip remains near 31.78.