NET Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete NET 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 NET.
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: 67%
Current DPI is 0.767(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 2026-03-27 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 2)
Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 2.76% 1-day move.
The expected range for the next 2 days is 209.56 — 223.02 , corresponding to +2.30% / -3.87% .
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 224.37 (2.92% above spot).
Bearish positioning points to downside pressure toward 205.89 (5.55% below spot).
Options flow strength: 0.81 (0–1 scale). ATM Strike: 217.50, Call: 4.42, Put: 4.08, Straddle Cost: 8.50.
Price moves are likely to stay range-bound. The short-term gamma flip is near 212.20 , with intermediate positioning around 210.97 . The mid-term gamma flip remains near 205.68.