WhaleQuant.io

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

Analyze the complete LUNR 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 LUNR.

Latest Data: 2026-02-06 (EDT)
Max Pain Price
21.5
Exp: 2026-02-06
Gamma Flip
14.78
Gamma Flip (≈60 days)
Put/Call OI Ratio
2.261
Shows put vs call positioning
IV Skew
-6.47
Put–call IV difference
Max Pain Price Volatility
σ = 5.00
low volatility
Confidence 62%

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: 100%

Current DPI is 0.647(strong-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 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 2026-02-20 options expiry. 100% confidence

The support levels for LUNR are at 17.20, 16.73, and 13.74, while the resistance levels are at 17.84, 18.31, and 21.30. The pivot point, a key reference price for traders, is at 21.50.

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

Expiry 2026-02-06 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is bearish (-0.50), pin strength 0.90.


Based on same-day expiring options (0DTE), the ATM straddle implies an 3.80% standardized 1-day equivalent move, serving as an intraday volatility reference.


The implied intraday range is approximately 16.81 20.10 , corresponding to +14.74% / -4.03% .

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 21.87 (24.81% above spot).

Bearish positioning points to downside pressure toward 16.54 (5.59% below spot).


Options flow strength: 0.65 (0–1 scale). ATM Strike: 17.50, Call: 0.22, Put: 0.45, Straddle Cost: 0.67.


Short-term moves may occur, but follow-through is uncertain. The short-term gamma flip is near 17.85 , with intermediate positioning around 14.78 . The mid-term gamma flip remains near 14.78.