Data through close

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

As of close · rank #2389 by open interest · snapshot page

APPN's nearest-expiration max pain is 35.00 for 2026-10-16, its GEX flip is 28.96, net GEX is 242,666, its put/call open-interest ratio is 0.65. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
36.68
prev 37.77
Gamma max
40.17
+9.5% from close
Delta neutral
28.17
-23.2% from close
Gamma neutral
28.96
-21.0% from close
Open interest
6,582
+1.0% vs prev
Contracts listed
122
100 calls · 53 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
35.00
-4.6% from close
2026-10-16
GEX flip
28.96
-21.0% from close
Net GEX
242,666
3,686,813 per 100k OI
Call wall
40.00
+9.1% from close
Put wall
22.50
-38.7% from close
Put/call OI
0.65
2,601 puts / 3,981 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
21.2
within trailing 52-week range
Front / back ATM IV
+61.4% / +70.6%
-9.2 pp front premium
Expected move
+12.0%
14 DTE · one standard deviation
ATM straddle / spot
+9.0%
front-window midpoint premium
25Δ risk reversal
62.8 pp
put IV minus call IV
IV butterfly
6.5 pp
front-window smile convexity
Volume / open interest
0.01
41 contracts traded
Normalized net delta
0.259
option-holder convention
Modeled dealer delta
-0.259
opposite-side scenario
Vanna / 100k OI
-106
volatility-sensitive delta
Charm / 100k OI
-429,748
time-decay-sensitive delta
IV surface range
65.1 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

APPN closed 9.5% below its gamma max of 40.17. It is 23.2% above the delta neutral price of 28.17. Total open interest is 6,582, +1.0% 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

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In today's screens

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Neighbours by open interest

Questions people ask about APPN

Where is APPN's gamma max today?

As of Oct 2, 2026, the gamma max for APPN is 40.17, +9.5% from the 36.68 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 APPN above or below its delta neutral price?

APPN closed above delta neutral: 36.68 against a delta neutral price of 28.17. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does APPN have?

6,582 contracts of open interest across 122 listed contracts on Oct 2, 2026, +1.0% 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.