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

Analyze the complete MLTX 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 MLTX.

Latest Data: 2026-02-06 (EDT)

Max Pain Price

22.5

Exp: 2026-02-20

Gamma Flip

13.93

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.252

Shows put vs call positioning

IV Skew

-0.72

Put–call IV difference

Max Pain Price Volatility

σ = 8.33

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: 71%

Current DPI is 0.71(neutral). ⏳ Neutral accumulation, DPI neutral, but makers are actively building positions.

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 2026-02-20 options expiry. 100% confidence

The support levels for MLTX are at 15.31, 15.01, and 13.11, while the resistance levels are at 15.71, 16.01, and 17.91. The pivot point, a key reference price for traders, is at 22.50.

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

Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 3.32% 1-day move.

The expected range for the next 14 days is 14.42 — 23.00 , corresponding to +48.32% / -7.04% .

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 28.13 (81.37% above spot).

Bearish positioning points to downside pressure toward 13.83 (10.81% below spot).

Options flow strength: 0.77 (0–1 scale). ATM Strike: 16.00, Call: 0.68, Put: 1.25, Straddle Cost: 1.93.

Price moves are likely to stay range-bound. The short-term gamma flip is near 13.98 , with intermediate positioning around 13.93 . The mid-term gamma flip remains near 13.93.