OKE Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete OKE 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 OKE.
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 0.931(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 moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-04-17 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 23)
Based on the latest options positioning (DTE 23), the ATM straddle implies a standardized 1.38% 1-day move.
The expected range for the next 23 days is 86.85 — 94.67 , corresponding to +2.77% / -5.72% .
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 95.93 (4.14% above spot).
Bearish positioning points to downside pressure toward 83.81 (9.02% below spot).
Options flow strength: 0.85 (0–1 scale). ATM Strike: 90.00, Call: 4.25, Put: 1.82, Straddle Cost: 6.08.
Price moves are likely to stay range-bound. The short-term gamma flip is near 82.18 , with intermediate positioning around 81.97 . The mid-term gamma flip remains near 79.62.