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

Analyze the complete PLUG 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 PLUG.

Latest Data: 2026-10-13 (EDT)

Max Pain Price

2.5

Exp: 2026-10-16

Gamma Flip

1.16

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.966

Shows put vs call positioning

IV Skew

-17.34

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

low volatility

Confidence 50%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options data shows a moderate bullish tilt. There is some directional support, though momentum remains limited. 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 -0.153(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 2027-01-15 options expiry. 100% confidence

The support levels for PLUG are at 1.53, 1.49, and 1.24, while the resistance levels are at 1.59, 1.63, and 1.88. The pivot point, a key reference price for traders, is at 2.50.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 3)

Based on the latest options positioning (DTE 3), the ATM straddle implies a standardized 4.26% 1-day move.

The expected range for the next 3 days is 1.51 — 1.91 , corresponding to +22.35% / -3.39% .

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 2.23 (42.63% above spot).

Bearish positioning points to downside pressure toward 1.49 (4.23% below spot).

Options flow strength: 0.39 (0–1 scale). ATM Strike: 1.50, Call: 0.11, Put: 0.01, Straddle Cost: 0.12.

Price moves are likely to stay range-bound. The short-term gamma flip is near 1.39 , with intermediate positioning around 1.16 . The mid-term gamma flip remains near 1.15.