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

Analyze the complete Q 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 Q.

Latest Data: 2026-02-06 (EDT)

Max Pain Price

115

Exp: 2026-02-20

Gamma Flip

79.31

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.124

Shows put vs call positioning

IV Skew

-0.25

Put–call IV difference

Max Pain Price Volatility

σ = 0.00

low volatility

Confidence 85%

Near-Term Options-Derived Market Structure

NEUTRAL OUTLOOK

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a high-confidence neutral environment. Dealer positioning and volatility suppression suggest a stable range-bound setup rather than a directional move. 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 0.901(strong-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 2026-03-20 options expiry. 90% confidence

The support levels for Q are at 96.76, 95.00, and 84.52, while the resistance levels are at 99.68, 101.44, and 111.92. The pivot point, a key reference price for traders, is at 115.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 14)

Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 2.31% 1-day move.

The expected range for the next 14 days is 93.05 — 102.83 , corresponding to +4.69% / -5.26% .

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 105.34 (7.24% above spot).

Bearish positioning points to downside pressure toward 90.12 (8.24% below spot).

Options flow strength: 0.73 (0–1 scale). ATM Strike: 100.00, Call: 3.50, Put: 5.00, Straddle Cost: 8.50.

Price moves are likely to stay range-bound. The short-term gamma flip is near 78.95 , with intermediate positioning around 79.31 . The mid-term gamma flip remains near 79.31.