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

Analyze the complete IQV 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 IQV.

Latest Data: 2026-02-06 (EDT)
Max Pain Price
180
Exp: 2026-02-20
Gamma Flip
204.84
Gamma Flip (≈60 days)
Put/Call OI Ratio
1.325
Shows put vs call positioning
IV Skew
-9.42
Put–call IV difference
Max Pain Price Volatility
σ = 17.00
high volatility
Confidence 38%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

A slight bullish tilt is present, but the overall setup remains largely neutral with limited directional reliability. 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: 71%

Current DPI is -0.628(strong-bullish). Bullish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

The market is positioned near a structural transition zone, where options exposure may shift the prevailing trading regime. Volatility conditions are moderately choppy. Price action is strongly influenced by existing options constraints. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2026-02-20 options expiry. 90% confidence

The support levels for IQV are at 184.98, 181.97, and 165.02, while the resistance levels are at 190.00, 193.01, and 209.96. The pivot point, a key reference price for traders, is at 180.00.

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

Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 1.35% 1-day move.


The expected range for the next 14 days is 180.87 199.87 , corresponding to +6.60% / -3.53% .

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 207.83 (10.85% above spot).

Bearish positioning points to downside pressure toward 177.06 (5.56% below spot).


Options flow strength: 0.76 (0–1 scale). ATM Strike: 185.00, Call: 6.20, Put: 3.30, Straddle Cost: 9.50.


Price moves may extend once a direction forms. The short-term gamma flip is near 205.43 , with intermediate positioning around 204.84 . The mid-term gamma flip remains near 204.84.