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

Analyze the complete REG 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 REG.

Latest Data: 2026-02-06 (EDT)
Max Pain Price
70
Exp: 2026-02-20
Gamma Flip
74.85
Gamma Flip (≈60 days)
Put/Call OI Ratio
2.484
Shows put vs call positioning
IV Skew
12.69
Put–call IV difference
Max Pain Price Volatility
σ = 0.00
low volatility
Confidence 40%

Near-Term Options-Derived Market Structure

NEUTRAL OUTLOOK

Reflecting options positioning and volatility conditions over the coming sessions.

Neutral positioning with only partial factor alignment, indicating a balanced but less predictable environment. 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 0.067(neutral). Neutral consolidation, trend and momentum are indistinct. From the current DPI structure, dealers appear largely neutral, suggesting limited willingness to reinforce directional price moves..

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 2026-02-20 options expiry. 90% confidence

The support levels for REG are at 74.64, 73.94, and 72.40, while the resistance levels are at 75.80, 76.50, and 78.04. The pivot point, a key reference price for traders, is at 70.00.

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

Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 0.94% 1-day move.


The expected range for the next 14 days is 72.28 77.93 , corresponding to +3.60% / -3.91% .

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 80.00 (6.35% above spot).

Bearish positioning points to downside pressure toward 69.99 (6.95% below spot).


Options flow strength: 0.52 (0–1 scale). ATM Strike: 75.00, Call: 1.32, Put: 1.32, Straddle Cost: 2.65.


Market signals are mixed and less reliable. No short-term gamma flip is observed , with intermediate positioning around 74.85 . The mid-term gamma flip remains near 74.24.