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

Analyze the complete TRGP 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 TRGP.

Latest Data: 2026-10-13 (EDT)

Max Pain Price

200

Exp: 2026-10-16

Gamma Flip

380.95

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.245

Shows put vs call positioning

IV Skew

1.67

Put–call IV difference

Max Pain Price Volatility

σ = 38.76

high 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: 67%

Current DPI is 0.416(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 2027-03-19 options expiry. 100% confidence

The support levels for TRGP are at 288.27, 282.55, and 267.26, while the resistance levels are at 297.81, 303.53, and 318.82. The pivot point, a key reference price for traders, is at 200.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 3)

Based on the latest options positioning (DTE 3), the ATM straddle implies a standardized 19.12% 1-day move.

The expected range for the next 3 days is 231.45 — 337.86 , corresponding to +15.30% / -21.02% .

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 349.07 (19.12% above spot).

Bearish positioning points to downside pressure toward 199.36 (31.97% below spot).

Options flow strength: 0.19 (0–1 scale). ATM Strike: 200.00, Call: 95.35, Put: 1.69, Straddle Cost: 97.04.

Market signals are mixed and less reliable. The short-term gamma flip is near 380.95 , with intermediate positioning around 380.95 .