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

Analyze the complete L 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 L.

Latest Data: 2026-02-06 (EDT)

Max Pain Price

105

Exp: 2026-02-20

Gamma Flip

89.62

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.424

Shows put vs call positioning

IV Skew

7.68

Put–call IV difference

Max Pain Price Volatility

σ = 0.00

low volatility

Confidence 50%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a moderate bearish bias. Downside factors are present but not dominant. 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: 65%

Current DPI is 0.903(bearish). Bearish, 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 are moderately choppy. Structural constraints from options positioning are relatively light. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-03-20 options expiry. 100% confidence

The support levels for L are at 110.13, 108.76, and 106.21, while the resistance levels are at 112.41, 113.78, and 116.33. The pivot point, a key reference price for traders, is at 105.00.

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

Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 1.00% 1-day move.

The expected range for the next 14 days is 105.21 — 114.24 , corresponding to +2.67% / -5.45% .

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 116.95 (5.11% above spot).

Bearish positioning points to downside pressure toward 98.81 (11.20% below spot).

Options flow strength: 0.23 (0–1 scale). ATM Strike: 110.00, Call: 2.73, Put: 1.45, Straddle Cost: 4.17.

Price moves are likely to stay range-bound. The short-term gamma flip is near 90.38 , with intermediate positioning around 89.62 . The mid-term gamma flip remains near 89.62.