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

Analyze the complete STE 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 STE.

Latest Data: 2026-02-06 (EDT)

Max Pain Price

260

Exp: 2026-02-20

Gamma Flip

274.08

Gamma Flip (≈60 days)

Put/Call OI Ratio

2.346

Shows put vs call positioning

IV Skew

0.44

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

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 71%

Current DPI is -0.701(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 STE are at 250.60, 248.25, and 241.08, while the resistance levels are at 253.72, 256.07, and 263.24. The pivot point, a key reference price for traders, is at 260.00.

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

Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 0.79% 1-day move.

The expected range for the next 14 days is 245.27 — 264.98 , corresponding to +5.08% / -2.73% .

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 276.21 (9.54% above spot).

Bearish positioning points to downside pressure toward 239.75 (4.92% below spot).

Options flow strength: 0.45 (0–1 scale). ATM Strike: 250.00, Call: 4.70, Put: 2.73, Straddle Cost: 7.43.

Market signals are mixed and less reliable. The short-term gamma flip is near 202.85 , with intermediate positioning around 274.08 . The mid-term gamma flip remains near 274.08.