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

Analyze the complete S 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 S.

Latest Data: 2026-02-06 (EDT)

Max Pain Price

Exp: 2026-02-06

Gamma Flip

N/A

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.358

Shows put vs call positioning

IV Skew

-1.08

Put–call IV difference

Max Pain Price Volatility

σ = 5.00

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: 100%

Current DPI is 0.116(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 2026-03-20 options expiry. 100% confidence

The support levels for S are at 13.10, 12.91, and 11.99, while the resistance levels are at 13.34, 13.53, and 14.45. The pivot point, a key reference price for traders, is at 16.00.

Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)

Expiry 2026-02-06 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is bearish (-0.50), pin strength 0.80.

Based on same-day expiring options (0DTE), the ATM straddle implies an 1.51% standardized 1-day equivalent move, serving as an intraday volatility reference.

The implied intraday range is approximately 12.98 — 14.30 , corresponding to +8.17% / -1.81% .

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 15.17 (14.77% above spot).

Bearish positioning points to downside pressure toward 12.87 (2.66% below spot).

Options flow strength: 0.52 (0–1 scale). ATM Strike: 13.00, Call: 0.05, Put: 0.15, Straddle Cost: 0.20.

Market signals are mixed and less reliable. No short-term gamma flip is observed