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

Analyze the complete WVE 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 WVE.

Latest Data: 2026-02-06 (EDT)

Max Pain Price

Exp: 2026-02-20

Gamma Flip

N/A

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.903

Shows put vs call positioning

IV Skew

-4.36

Put–call IV difference

Max Pain Price Volatility

σ = 0.00

low volatility

Confidence 75%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options market shows a strong bullish alignment. Multiple key factors point firmly to the upside, supported by dealer flows and positioning. 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 0.005(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 2026-02-20 options expiry. 90% confidence

The support levels for WVE are at 13.17, 12.84, and 10.44, while the resistance levels are at 13.73, 14.06, and 16.46. The pivot point, a key reference price for traders, is at 19.00.

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

Based on the latest options positioning (DTE 14), the ATM straddle implies a standardized 3.28% 1-day move.

The expected range for the next 14 days is 12.99 — 15.16 , corresponding to +12.69% / -3.40% .

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 16.27 (20.99% above spot).

Bearish positioning points to downside pressure toward 12.83 (4.65% below spot).

Options flow strength: 0.70 (0–1 scale). ATM Strike: 13.00, Call: 1.10, Put: 0.55, Straddle Cost: 1.65.

Market signals are mixed and less reliable. No short-term gamma flip is observed