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

Analyze the complete IVZ 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 IVZ.

Latest Data: 2026-10-01 (EDT)

Max Pain Price

Exp: 2026-10-16

Gamma Flip

24.20

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.311

Shows put vs call positioning

IV Skew

1.04

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: 100%

Current DPI is 0.811(neutral). ⏳ Neutral accumulation, DPI neutral, but makers are actively building positions.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions are moderately choppy. 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 IVZ are at 30.17, 29.79, and 28.74, while the resistance levels are at 30.67, 31.05, and 32.10. The pivot point, a key reference price for traders, is at 32.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 15)

Based on the latest options positioning (DTE 15), the ATM straddle implies a standardized 1.40% 1-day move.

The expected range for the next 15 days is 29.08 — 31.61 , corresponding to +3.90% / -4.40% .

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 32.42 (6.58% above spot).

Bearish positioning points to downside pressure toward 28.13 (7.52% below spot).

Options flow strength: 0.57 (0–1 scale). ATM Strike: 30.00, Call: 1.00, Put: 0.65, Straddle Cost: 1.65.

Price moves are likely to stay range-bound. The short-term gamma flip is near 23.97 , with intermediate positioning around 24.20 . The mid-term gamma flip remains near 24.20.