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

Analyze the complete SLB 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 SLB.

Latest Data: 2026-06-03 (EDT)
Max Pain Price
57
Exp: 2026-06-05
Gamma Flip
53.14
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.451
Shows put vs call positioning
IV Skew
5.58
Put–call IV difference
Max Pain Price Volatility
σ = 8.25
medium volatility
Confidence 50%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a moderate bearish bias. Downside factors are present but not dominant. 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: 73%

Current DPI is 0.893(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 elevated, implying wider and less stable price swings. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-06-18 options expiry. 100% confidence

The support levels for SLB are at 56.51, 56.00, and 54.62, while the resistance levels are at 57.19, 57.70, and 59.08. The pivot point, a key reference price for traders, is at 57.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 2)

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.91% 1-day move.


The expected range for the next 2 days is 53.57 57.58 , corresponding to +1.29% / -5.78% .

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 57.69 (1.47% above spot).

Bearish positioning points to downside pressure toward 51.38 (9.63% below spot).


Options flow strength: 0.63 (0–1 scale). ATM Strike: 57.00, Call: 0.67, Put: 0.87, Straddle Cost: 1.54.


Price moves are likely to stay range-bound. The short-term gamma flip is near 53.32 , with intermediate positioning around 53.14 . The mid-term gamma flip remains near 52.26.