Data through close

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

As of close · rank #370 by open interest · 1,155 sessions of history since Dec 1, 2020

AXTI's nearest-expiration max pain is 75.00 for 2026-10-16, its GEX flip is 70.90, net GEX is -933,292, its put/call open-interest ratio is 0.77. These are whole-chain derived aggregates as of Oct 9, 2026 close.

AXTI max pain and GEX snapshot

End-of-day snapshot for . Nearest-expiration max pain uses the expiry shown on its card; GEX uses the whole chain. Missing values are unavailable, not zero.

Nearest-expiration max pain
75.00
+9.6% from close
Expiry: 2026-10-16
GEX flip
70.90
+3.6% from close
Net GEX
-933,292
-396,119 per 100k OI
Call wall
70.00
+2.2% from close
Put wall
70.00
+2.2% from close
Put/call OI
0.77
102,299 puts / 133,310 calls

Prices are in US dollars per share. Net GEX is modeled dollar-delta change per $1 underlying move. Max pain minimizes aggregate intrinsic payout for that expiration; it is not a closing-price forecast. Signed GEX uses calls positive and puts negative, a model convention rather than observed dealer inventory. The flip is a confirmed zero crossing; walls locate side-specific concentrations, not guaranteed support or resistance.

Learn how to read the max pain payout example, GEX chart, gamma flip and walls, and open interest versus trading volume.

Close
68.46
prev 71.66
Gamma max
90.40
+32.0% from close
Delta neutral
61.93
-9.5% from close
Gamma neutral
70.90
+3.6% from close
Open interest
235,609
-5.6% vs prev
Contracts listed
843
490 calls · 424 puts

Advanced options analysis

Public aggregate 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
53.2
cross-sectional score / 100
Directional score
6.6
mixed positioning
IV rank
75.4
within trailing 52-week range
Front IV premium
-3.6 pp
front minus back volatility difference
25Δ risk reversal
-7.7 pp
put IV minus call IV
IV butterfly
5.9 pp
front-window smile convexity
Volume / open interest
0.18
46,132 contracts traded
Normalized net delta
0.075
option-holder convention
Modeled dealer delta
-0.075
opposite-side scenario
Vanna / 100k OI
1,753
volatility-sensitive delta
Charm / 100k OI
2,402,435
time-decay-sensitive delta
IV surface range
55.2 pp
aggregate volatility dispersion

Strongest relative signals: volume/OI 0.18

Download the dated aggregate analysis JSON .

AXTI closed 32.0% below its gamma max of 90.40. It is 9.5% above the delta neutral price of 61.93. Total open interest is 235,609, -5.6% versus the previous session. Its options catalyst-intensity score is 53.2 out of 100, led by volume/OI 0.18. What gamma max means · What delta neutral means

Call versus put open interest changes

Growth compares outstanding contracts on each side. A positive growth gap favors calls; a negative gap favors puts. Standardized surprises compare each measure with its own prior history. These describe the OI balance, not IV skew or buying direction.

AXTI call and put open interest changes
Measure Value
Call OI change, 1 session -12,297 contracts · -8.4%
Put OI change, 1 session -1,739 contracts · -1.7%
Call minus put OI growth, 1 session -6.8 pp
Call OI change, 5 sessions +2,760 contracts · +2.1%
Put OI change, 5 sessions +14,408 contracts · +16.4%
Call minus put OI growth, 5 sessions -14.3 pp
Daily call OI change surprise -1.52σ (250 prior changes)
Daily put OI change surprise -0.16σ (250 prior changes)
Daily call-minus-put growth surprise -0.42σ (218 prior changes)

History

2025-10 2026-10
close delta neutral gamma max
Full history since 2020: drag to pan, scroll to zoom, hover for values. Open full-screen chart

Analysis visualizations

Daily ticker aggregates through 2026-10-09. Contract-level charts are outside the public dataset.

Aggregate IV history

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What followed prior gamma-max crosses?

Each historical path starts at 0% on the cross date and follows the close for ten subsequent trading sessions. Cohorts use the same direction as labelled and require gamma max to be within 10% of the close on both crossing sessions.

Crosses below gamma max 25 completed Day +10 paths · latest Apr 28, 2026
AXTI returns after crossing below gamma max Historical close-to-close return paths from Day 0 through Day 10, with the median, middle fifty percent, and a nominal confidence interval for the median. -60.0% -30.0% 0% +30.0% +60.0% Cross on Dec 18, 2020 Cross on Dec 24, 2020 Cross on Jan 20, 2021 Cross on Jan 26, 2021 Cross on Jan 28, 2021 Cross on Feb 26, 2021 Cross on Mar 24, 2021 Cross on Mar 26, 2021 Cross on Apr 7, 2021 Cross on Apr 12, 2021 Cross on Sep 15, 2021 Cross on Aug 8, 2022 Cross on Aug 23, 2022 Cross on Oct 14, 2025 Cross on Nov 20, 2025 Cross on Dec 5, 2025 Cross on Dec 16, 2025 Cross on Dec 19, 2025 Cross on Dec 23, 2025 Cross on Dec 29, 2025 Cross on Jan 12, 2026 Cross on Jan 21, 2026 Cross on Feb 11, 2026 Cross on Apr 22, 2026 Cross on Apr 28, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
AXTI historical gamma-max cross outcomes after closing below
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 25 +0.2% -5.0% to +3.1% 56% -4.9% to +2.5% 0.0%
Day +2 25 +1.3% -1.2% to +6.5% 64% -0.6% to +5.0% 0.0%
Day +3 25 +0.9% -2.3% to +5.3% 52% -2.1% to +3.6% 0.0%
Day +4 25 -0.7% -2.6% to +8.4% 48% -2.2% to +7.9% 0.0%
Day +5 25 +2.0% -3.7% to +10.6% 56% -3.7% to +10.0% 0.0%
Day +6 25 +7.0% -6.5% to +13.2% 60% -5.5% to +10.7% 0.0%
Day +7 25 +9.8% -5.4% to +13.3% 68% -0.6% to +12.3% 0.0%
Day +8 25 +8.7% -2.7% to +21.9% 72% +0.1% to +17.4% +0.1%
Day +9 25 +9.2% -0.2% to +21.5% 68% -0.1% to +21.5% 0.0%
Day +10 25 +10.1% +2.7% to +27.3% 76% +2.8% to +26.5% +2.8%
Crosses above gamma max 21 completed Day +10 paths · latest Apr 16, 2026
AXTI returns after crossing above gamma max Historical close-to-close return paths from Day 0 through Day 10, with the median, middle fifty percent, and a nominal confidence interval for the median. -46.0% -23.0% 0% +23.0% +46.0% Cross on Dec 8, 2020 Cross on Dec 16, 2020 Cross on Dec 23, 2020 Cross on Jan 15, 2021 Cross on Jan 21, 2021 Cross on Jan 27, 2021 Cross on Mar 25, 2021 Cross on Apr 1, 2021 Cross on Apr 8, 2021 Cross on Aug 5, 2022 Cross on Aug 22, 2022 Cross on Jan 11, 2023 Cross on Dec 4, 2025 Cross on Dec 9, 2025 Cross on Dec 18, 2025 Cross on Dec 22, 2025 Cross on Dec 26, 2025 Cross on Dec 30, 2025 Cross on Jan 15, 2026 Cross on Feb 6, 2026 Cross on Apr 16, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
AXTI historical gamma-max cross outcomes after closing above
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 21 +0.5% -3.7% to +2.4% 67% -0.3% to +1.3% 0.0%
Day +2 21 -0.7% -3.7% to +2.7% 48% -3.4% to +2.1% 0.0%
Day +3 21 +1.0% -5.6% to +5.5% 52% -5.4% to +4.5% 0.0%
Day +4 21 +3.0% -4.1% to +6.0% 57% -0.9% to +4.9% 0.0%
Day +5 21 +1.9% -8.0% to +8.3% 62% -5.1% to +3.8% 0.0%
Day +6 21 -3.2% -6.9% to +7.8% 43% -6.3% to +7.4% 0.0%
Day +7 21 -3.5% -8.1% to +9.3% 43% -6.4% to +8.6% 0.0%
Day +8 21 -1.0% -8.6% to +8.1% 48% -6.2% to +8.1% 0.0%
Day +9 21 +2.7% -8.4% to +11.3% 57% -7.5% to +10.0% 0.0%
Day +10 21 +4.1% -6.1% to +16.5% 52% -5.7% to +13.5% 0.0%

Returns are close-to-close after the labelled number of subsequent trading sessions. The confidence floor is the closest-to-zero bound of the order-statistic median interval; it is zero when that interval spans zero. Its coverage is nominally at least 90% under independent observations. Historical paths can overlap, so the interval and floor are descriptive uncertainty guides rather than formal coverage guarantees. Historical, not a forecast.

Last 252 sessions

AXTI trailing historical statistics
Sessions closed above gamma max 27%
Gamma max crosses 32
Delta neutral crosses 12
Prior-year sessions closer to gamma max 87.2% of 242
Prior-year sessions closer to delta neutral 14.5% of 242
Open interest percentile (1y) 76th
Daily open interest change versus prior year -0.74σ (-14,036 contracts; 252 prior changes)
Open interest change, 5 sessions +7.9%
Open interest change, 21 sessions +6.2%
History available Dec 1, 2020 → Oct 9, 2026

Recent crosses

  1. closed below gamma max at 65.27 vs 73.37 (-12.4%)
  2. closed above gamma max at 60.43 vs 56.95 (+5.8%)
  3. closed above delta neutral at 46.94 vs 43.25 (+7.9%)
  4. closed below delta neutral at 36.97 vs 38.13 (-3.2%)
  5. closed above delta neutral at 45.86 vs 41.71 (+9.1%)
  6. closed below delta neutral at 45.57 vs 46.44 (-1.9%)
  7. closed above delta neutral at 57.57 vs 50.31 (+12.6%)
  8. closed below delta neutral at 57.21 vs 58.02 (-1.4%)
  9. closed above delta neutral at 63.52 vs 60.11 (+5.4%)
  10. closed below delta neutral at 64.92 vs 68.40 (-5.4%)

In today's screens

Neighbours by open interest

Cite or embed this snapshot

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Canonical source: https://halfonadouble.com/stock/AXTI

Questions people ask about AXTI

What is AXTI's max pain for the nearest expiration?

As of Oct 9, 2026 close, nearest-expiration max pain is 75.00 for the 2026-10-16 expiration. It is a payout-minimizing strike for one expiration. An all-expiration pooled value is a different comparison, and neither establishes where the underlying will close. Max pain definition and worked payout example.

Our 2025 max-pain study compares historical Thursday levels with Friday underlying closes and an unchanged-price baseline. Its scope and results are separate from this current ticker snapshot.

What do AXTI's gamma exposure and gamma flip show?

Signed net GEX is -933,292 as of Oct 9, 2026 close. The confirmed GEX flip is 70.90. These aggregate model outputs use calls positive and puts negative. Their sign does not identify dealers' actual positions or predict the next move. How to interpret GEX, gamma flip and walls.

Where is AXTI's gamma max today?

As of Oct 9, 2026, the gamma max for AXTI is 90.40, +32.0% from the 68.46 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 AXTI above or below its delta neutral price?

AXTI closed above delta neutral: 68.46 against a delta neutral price of 61.93. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does AXTI have?

235,609 contracts of open interest across 843 listed contracts on Oct 9, 2026, -5.6% 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.