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

Analyze the complete LYB 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 LYB.

Latest Data: 2026-08-17 (EDT)

Max Pain Price

62.5

Exp: 2026-08-21

Gamma Flip

62.09

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.577

Shows put vs call positioning

IV Skew

3.27

Put–call IV difference

Max Pain Price Volatility

σ = 8.30

medium 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: 73%

Current DPI is 0.241(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 2026-08-21 options expiry. 100% confidence

The support levels for LYB are at 64.28, 63.60, and 61.39, while the resistance levels are at 65.18, 65.86, and 68.07. The pivot point, a key reference price for traders, is at 62.50.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 4)

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 1.85% 1-day move.

The expected range for the next 4 days is 60.84 — 65.44 , corresponding to +1.10% / -6.02% .

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 65.51 (1.21% above spot).

Bearish positioning points to downside pressure toward 58.53 (9.58% below spot).

Options flow strength: 0.78 (0–1 scale). ATM Strike: 65.00, Call: 1.07, Put: 1.33, Straddle Cost: 2.40.

Price moves are likely to stay range-bound. The short-term gamma flip is near 61.04 , with intermediate positioning around 62.09 . The mid-term gamma flip remains near 62.09.