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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.

Latest Data: 2026-11-06 (EDT)
Max Pain Price
272.5
Exp: 2026-11-06
Gamma Flip
284.74
Gamma Flip (≈60 days)
Put/Call OI Ratio
1.232
Shows put vs call positioning
IV Skew
-7.48
Put–call IV difference
Max Pain Price Volatility
σ = 53.79
high volatility
Confidence 26%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

A slight bearish tilt is visible, though the signal is weak and insufficient for a strong directional call. 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 0.026(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 continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-11-20 options expiry. 100% confidence

The support levels for NET are at 260.54, 250.97, and 178.49, while the resistance levels are at 276.96, 286.53, and 359.01. The pivot point, a key reference price for traders, is at 272.50.

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

Expiry 2026-11-06 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is neutral (-0.20), pin strength 0.70.


Based on same-day expiring options (0DTE), the ATM straddle implies an 1.25% standardized 1-day equivalent move, serving as an intraday volatility reference.


The implied intraday range is approximately 245.02 — 293.77 , corresponding to +9.31% / -8.83% .

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 311.17 (15.79% above spot).

Bearish positioning points to downside pressure toward 228.59 (14.94% below spot).


Options flow strength: 0.72 (0–1 scale). ATM Strike: 270.00, Call: 2.70, Put: 0.66, Straddle Cost: 3.36.


Price moves may extend once a direction forms. The short-term gamma flip is near 280.85 , with intermediate positioning around 284.74 . The mid-term gamma flip remains near 286.16.