Options · DUK

GEX × Max Pain for DUK

AI-generated plain-English read of gex × max pain for DUK. Updated daily.

Damper regime around $130.70 — moves get absorbed. Magnets are loose, so direction isn't clear; expect chop without a strong external trigger.

What will probably happen

Short-term: dampers absorb moves. Expect range-bound trading until something meaningful breaks the structure.
Longer-dated OI is positioned for settlement at $115.00 (-12% from here) — gravitational pull down over weeks-to-months.

If you HOLD this stock: No structural action needed. Dampers are protecting you this week.
If you TRADE this stock (no options): No clean directional setup from the structure. Wait for an external trigger (earnings, sector flow, news) before sizing.
If you trade OPTIONS: No edge from the structure alone — premium is fairly priced for the regime. Wait for tighter convergence or a clearer directional setup.

Clear regime, tight convergence, full term structure (9 expirations).

Technical details

Term: Term structure: max-gamma climbs from $130.00 (front) to $150.00 (longest-dated); max-pain holds near $120.00 across the curve; the flip point recedes from spot in longer-dated rows (more damper buffer).
Regime: Net GEX is positive ($6.86M) and spot sits comfortably above the flip point at $120.00 — dealers are net long gamma, hedging activity DAMPENS moves.
Structure: Spot $130.70; front-week magnet at $130.00 (max-gamma) and $120.00 (max-pain).
Convergence: Same-side bias but loose: max-gamma at $130.00, max-pain at $120.00. The magnets agree on direction but disagree on magnitude — directional conviction is weaker than a tight convergence.