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

Analyze the complete LEN 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 LEN.

Latest Data: 2026-06-05 (EDT)
Max Pain Price
92
Exp: 2026-06-05
Gamma Flip
88.28
Gamma Flip (≈60 days)
Put/Call OI Ratio
1.643
Shows put vs call positioning
IV Skew
-3.24
Put–call IV difference
Max Pain Price Volatility
σ = 12.76
high volatility
Confidence 88%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options market shows a strong bullish alignment. Multiple key factors point firmly to the upside, supported by dealer flows and positioning. 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 -0.281(strong-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. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-06-18 options expiry. 100% confidence

The support levels for LEN are at 89.87, 88.93, and 86.16, while the resistance levels are at 91.11, 92.05, and 94.82. The pivot point, a key reference price for traders, is at 92.00.

Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)

Expiry 2026-06-05 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is neutral (-0.20), pin strength 0.90.


Based on same-day expiring options (0DTE), the ATM straddle implies an 2.18% standardized 1-day equivalent move, serving as an intraday volatility reference.


The implied intraday range is approximately 88.36 92.70 , corresponding to +2.44% / -2.36% .

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 93.64 (3.48% above spot).

Bearish positioning points to downside pressure toward 87.48 (3.33% below spot).


Options flow strength: 0.56 (0–1 scale). ATM Strike: 90.00, Call: 1.80, Put: 0.17, Straddle Cost: 1.97.


Price moves are likely to stay range-bound. The short-term gamma flip is near 88.14 , with intermediate positioning around 88.28 . The mid-term gamma flip remains near 88.78.