WhaleQuant.io

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: 2026-02-06 (EDT)
Max Pain Price
31
Exp: 2026-02-20
Gamma Flip
29.01
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.105
Shows put vs call positioning
IV Skew
0.92
Put–call IV difference
Max Pain Price Volatility
σ = 0.00
low volatility
Confidence 85%

Near-Term Options-Derived Market Structure

NEUTRAL OUTLOOK

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a high-confidence neutral environment. Dealer positioning and volatility suppression suggest a stable range-bound setup rather than a directional move. 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 0.475(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 2026-04-17 options expiry. 90% confidence

The support levels for IVZ are at 26.49, 26.10, and 24.40, while the resistance levels are at 27.15, 27.54, and 29.24. The pivot point, a key reference price for traders, is at 31.00.

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

Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 1.49% 1-day move.


The expected range for the next 14 days is 25.59 28.35 , corresponding to +5.72% / -4.58% .

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 29.47 (9.86% above spot).

Bearish positioning points to downside pressure toward 24.74 (7.75% below spot).


Options flow strength: 0.59 (0–1 scale). ATM Strike: 27.00, Call: 0.60, Put: 0.90, Straddle Cost: 1.50.


Short-term moves may occur, but follow-through is uncertain. The short-term gamma flip is near 29.03 , with intermediate positioning around 29.01 . The mid-term gamma flip remains near 20.21.