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

Analyze the complete TEL 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 TEL.

Latest Data: 2026-10-01 (EDT)

Max Pain Price

220

Exp: 2026-10-16

Gamma Flip

209.63

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.700

Shows put vs call positioning

IV Skew

0.66

Put–call IV difference

Max Pain Price Volatility

σ = 24.21

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: 100%

Current DPI is 0.661(bullish). Bullish, momentum neutral or unclear. Trend approaching turning point (Momentum Deceleration) with Low Saturation Gamma saturation

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 2026-10-16 options expiry. 100% confidence

The support levels for TEL are at 215.67, 213.15, and 205.47, while the resistance levels are at 219.85, 222.37, and 230.05. The pivot point, a key reference price for traders, is at 220.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 15)

Based on the latest options positioning (DTE 15), the ATM straddle implies a standardized 1.33% 1-day move.

The expected range for the next 15 days is 204.64 — 222.71 , corresponding to +2.28% / -6.02% .

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 225.24 (3.44% above spot).

Bearish positioning points to downside pressure toward 196.08 (9.96% below spot).

Options flow strength: 0.73 (0–1 scale). ATM Strike: 220.00, Call: 4.40, Put: 6.85, Straddle Cost: 11.25.

Price moves are likely to stay range-bound. The short-term gamma flip is near 199.16 , with intermediate positioning around 209.63 . The mid-term gamma flip remains near 210.08.