ITUB Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete ITUB 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 ITUB.
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
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: 62%
Current DPI is 0.493(bullish). Bullish, momentum neutral or unclear.
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 continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-06-18 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 23)
Based on the latest options positioning (DTE 23), the ATM straddle implies a standardized 1.71% 1-day move.
The expected range for the next 23 days is 8.06 — 8.64 , corresponding to +5.26% / -1.78% .
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 9.00 (9.67% above spot).
Bearish positioning points to downside pressure toward 8.00 (2.56% below spot).
Options flow strength: 0.37 (0–1 scale). ATM Strike: 8.00, Call: 0.45, Put: 0.22, Straddle Cost: 0.68.
Short-term moves may occur, but follow-through is uncertain. The short-term gamma flip is near 11.27 , with intermediate positioning around 11.27 . The mid-term gamma flip remains near 5.91.