Data through close

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

As of close · rank #2832 by open interest · snapshot page

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ARW's nearest-expiration max pain is 210.00 for 2026-10-16, its GEX flip is 183.18, net GEX is 232,905, its put/call open-interest ratio is 0.64. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
242.01
prev 231.63
Gamma max
237.02
-2.1% from close
Delta neutral
209.72
-13.3% from close
Gamma neutral
183.18
-24.3% from close
Open interest
3,385
+20.8% vs prev
Contracts listed
116
69 calls · 68 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
210.00
-13.2% from close
2026-10-16
GEX flip
183.18
-24.3% from close
Net GEX
232,905
6,880,511 per 100k OI
Call wall
230.00
-5.0% from close
Put wall
210.00
-13.2% from close
Put/call OI
0.64
1,322 puts / 2,063 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
6.0
within trailing 52-week range
Front / back ATM IV
+41.4% / +46.0%
-4.6 pp front premium
Expected move
+8.1%
14 DTE · one standard deviation
ATM straddle / spot
+15.6%
front-window midpoint premium
25Δ risk reversal
5.6 pp
put IV minus call IV
IV butterfly
0.7 pp
front-window smile convexity
Volume / open interest
0.35
1,196 contracts traded
Normalized net delta
0.298
option-holder convention
Modeled dealer delta
-0.298
opposite-side scenario
Vanna / 100k OI
-295
volatility-sensitive delta
Charm / 100k OI
-2,853,442
time-decay-sensitive delta
IV surface range
15.7 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

ARW closed 2.1% above its gamma max of 237.02. It is 13.3% above the delta neutral price of 209.72. That is a fresh cross: the previous close was on the other side of gamma max. Total open interest is 3,385, +20.8% 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

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In today's screens

Neighbours by open interest

← WAB (#2831) SSL (#2833) →

Questions people ask about ARW

Where is ARW's gamma max today?

As of Oct 2, 2026, the gamma max for ARW is 237.02, -2.1% from the 242.01 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 ARW above or below its delta neutral price?

ARW closed above delta neutral: 242.01 against a delta neutral price of 209.72. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does ARW have?

3,385 contracts of open interest across 116 listed contracts on Oct 2, 2026, +20.8% 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.