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

Analyze the complete OGN 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 OGN.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

Exp: 2026-04-17

Gamma Flip

N/A

Gamma Flip (≈60 days)

Put/Call OI Ratio

2.688

Shows put vs call positioning

IV Skew

-1.92

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low volatility

Confidence 88%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options market shows a strong bullish alignment. Multiple key factors point firmly to the upside, supported by dealer flows and positioning. Options Chian

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 67%

Current DPI is -0.379(bearish). Bearish, 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 2026-12-18 options expiry. 100% confidence

The support levels for OGN are at 6.02, 5.91, and 5.36, while the resistance levels are at 6.18, 6.29, and 6.84. The pivot point, a key reference price for traders, is at 10.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 23)

Based on the latest options positioning (DTE 23), the ATM straddle implies a standardized 2.22% 1-day move.

The expected range for the next 23 days is 5.91 — 8.07 , corresponding to +32.31% / -3.07% .

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 9.74 (59.63% above spot).

Bearish positioning points to downside pressure toward 5.82 (4.65% below spot).

Options flow strength: 0.55 (0–1 scale). ATM Strike: 6.00, Call: 0.40, Put: 0.25, Straddle Cost: 0.65.

Market signals are mixed and less reliable. No short-term gamma flip is observed . The mid-term gamma flip remains near 6.62.