XP Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete XP 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 XP.
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: 71%
Current DPI is 0.877(strong-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 2026-02-20 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)
Expiry 2026-02-06 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is bullish (0.50), pin strength 0.70.
Based on same-day expiring options (0DTE), the ATM straddle implies an 3.48% standardized 1-day equivalent move, serving as an intraday volatility reference.
The implied intraday range is approximately 18.25 — 20.04 , corresponding to +3.36% / -5.90% .
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 20.29 (4.63% above spot).
Bearish positioning points to downside pressure toward 17.51 (9.72% below spot).
Options flow strength: 0.42 (0–1 scale). ATM Strike: 19.50, Call: 0.05, Put: 0.62, Straddle Cost: 0.68.
Price moves are likely to stay range-bound. The short-term gamma flip is near 17.24 , with intermediate positioning around 17.24 . The mid-term gamma flip remains near 17.24.