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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: 2026-07-15 (EDT)
Max Pain Price
210
Exp: 2026-07-17
Gamma Flip
202.08
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.416
Shows put vs call positioning
IV Skew
10.66
Put–call IV difference
Max Pain Price Volatility
σ = 19.49
high 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: 76%

Current DPI is 0.703(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 2026-07-17 options expiry. 100% confidence

The support levels for STE are at 209.57, 207.31, and 200.44, while the resistance levels are at 213.35, 215.61, and 222.48. The pivot point, a key reference price for traders, is at 210.00.

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

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 2.27% 1-day move.


The expected range for the next 2 days is 204.77 218.38 , corresponding to +3.27% / -3.16% .

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 222.61 (5.27% above spot).

Bearish positioning points to downside pressure toward 200.80 (5.04% below spot).


Options flow strength: 0.36 (0–1 scale). ATM Strike: 210.00, Call: 5.25, Put: 1.52, Straddle Cost: 6.78.


Market signals are mixed and less reliable. The short-term gamma flip is near 148.02 , with intermediate positioning around 202.08 .