Data through close

AAPW max pain, gamma exposure (GEX) & options open interest

As of close · rank #4525 by open interest · snapshot page

AAPW's nearest-expiration max pain is 42.00 for 2026-10-16, net GEX is -11,470, its put/call open-interest ratio is 1.15. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
40.80
prev 40.28
Gamma max
45.60
+11.8% from close
Delta neutral
41.03
+0.6% from close
Gamma neutral
40.80
0.0% from close
Open interest
185
+56.8% vs prev
Contracts listed
25
12 calls · 13 puts

Whole-chain analytics

Derived after the close from the same dated options chain. Signed gamma exposure uses calls positive and puts negative; it is a model convention, not observed dealer inventory.

Nearest max pain
42.00
+2.9% from close
2026-10-16
GEX flip
–
Net GEX
-11,470
-6,199,837 per 100k OI
Call wall
39.00
-4.4% from close
Put wall
39.00
-4.4% from close
Put/call OI
1.15
99 puts / 86 calls

Advanced options analysis

Complete derived analysis from the dated chain, normalized where possible for comparison across tickers. Catalyst intensity measures unusual pricing and activity; it does not identify an event, predict direction, or establish that an investment is attractive.

Catalyst intensity
–
cross-sectional score / 100
Directional score
–
IV rank
25.3
within trailing 52-week range
Front / back ATM IV
+30.6% / +32.2%
-1.5 pp front premium
Expected move
+6.0%
14 DTE · one standard deviation
ATM straddle / spot
–
front-window midpoint premium
25Δ risk reversal
– pp
put IV minus call IV
IV butterfly
– pp
front-window smile convexity
Volume / open interest
0.00
0 contracts traded
Normalized net delta
0.112
option-holder convention
Modeled dealer delta
-0.110
opposite-side scenario
Vanna / 100k OI
0
volatility-sensitive delta
Charm / 100k OI
0
time-decay-sensitive delta
IV surface range
37.8 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

AAPW closed 11.8% below its gamma max of 45.60. It is 0.6% below the delta neutral price of 41.03. Total open interest is 185, +56.8% versus the previous session. What gamma max means · What delta neutral means

History

Full history since 2020: drag to pan, scroll to zoom, hover for values. Open full-screen chart

Analysis visualizations

Derived from the 2026-10-02 options chain. Select an analysis to explore its chart.

Gamma walls

Chart loads when this section is in view.

In today's screens

Neighbours by open interest

Questions people ask about AAPW

Where is AAPW's gamma max today?

As of Oct 2, 2026, the gamma max for AAPW is 45.60, +11.8% from the 40.80 close. Gamma max is the underlying price at which the summed gamma of every open contract is largest; how it is computed and why it matters.

Is AAPW above or below its delta neutral price?

AAPW closed below delta neutral: 40.80 against a delta neutral price of 41.03. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does AAPW have?

185 contracts of open interest across 25 listed contracts on Oct 2, 2026, +56.8% versus the previous session. What open interest measures.

Levels are recomputed after every trading day from licensed end-of-day options data; only derived aggregates are published. Methodology · Data and licence · Not investment advice.