Data through close

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

As of close · rank #126 by open interest · 1,321 sessions of history since Dec 1, 2020

B's nearest-expiration max pain is 41.50 for 2026-10-09, its GEX flip is 39.08, net GEX is 4,359,532, its put/call open-interest ratio is 0.68. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
40.23
prev 40.10
Gamma max
47.38
+17.8% from close
Delta neutral
38.44
-4.5% from close
Gamma neutral
39.08
-2.9% from close
Open interest
798,552
-1.6% vs prev
Contracts listed
523
322 calls · 279 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
41.50
+3.2% from close
2026-10-09
GEX flip
39.08
-2.9% from close
Net GEX
4,359,532
545,930 per 100k OI
Call wall
35.00
-13.0% from close
Put wall
40.00
-0.6% from close
Put/call OI
0.68
323,765 puts / 474,787 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
39.9
cross-sectional score / 100
Directional score
1.1
mixed positioning
IV rank
90.3
within trailing 52-week range
Front / back ATM IV
+37.2% / +40.9%
-3.7 pp front premium
Expected move
+5.2%
7 DTE · one standard deviation
ATM straddle / spot
+3.7%
front-window midpoint premium
25Δ risk reversal
-0.8 pp
put IV minus call IV
IV butterfly
5.2 pp
front-window smile convexity
Volume / open interest
0.02
17,154 contracts traded
Normalized net delta
0.155
option-holder convention
Modeled dealer delta
-0.146
opposite-side scenario
Vanna / 100k OI
2,148
volatility-sensitive delta
Charm / 100k OI
59,170
time-decay-sensitive delta
IV surface range
84.3 pp
published contour maximum minus minimum

Strongest relative signals: IV rank 90

Download the complete dated analysis JSON .

B closed 17.8% below its gamma max of 47.38. It is 4.5% above the delta neutral price of 38.44. Total open interest is 798,552, -1.6% versus the previous session. Its options catalyst-intensity score is 39.9 out of 100, led by IV rank 90. 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.

B call and put open interest changes
Measure Value
Call OI change, 1 session -12,076 contracts · -2.5%
Put OI change, 1 session -1,186 contracts · -0.4%
Call minus put OI growth, 1 session -2.1 pp
Call OI change, 5 sessions +11,237 contracts · +2.4%
Put OI change, 5 sessions +6,215 contracts · +2.0%
Call minus put OI growth, 5 sessions +0.5 pp
Daily call OI change surprise -0.37σ (252 prior changes)
Daily put OI change surprise -0.02σ (252 prior changes)
Daily call-minus-put growth surprise -1.01σ (252 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

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

Gamma walls

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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 49 completed Day +10 paths · latest Aug 21, 2026
B 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. -14.0% -7.0% 0% +7.0% +14.0% Cross on Dec 4, 2020 Cross on Apr 13, 2021 Cross on May 10, 2021 Cross on May 19, 2021 Cross on Jun 10, 2021 Cross on Jul 8, 2021 Cross on Jul 13, 2021 Cross on Jul 22, 2021 Cross on Jul 27, 2021 Cross on Aug 2, 2021 Cross on Aug 4, 2021 Cross on Aug 16, 2022 Cross on Mar 2, 2023 Cross on Mar 7, 2023 Cross on Mar 10, 2023 Cross on Nov 1, 2023 Cross on Nov 7, 2023 Cross on Nov 10, 2023 Cross on Nov 22, 2023 Cross on Nov 27, 2023 Cross on Dec 4, 2023 Cross on Dec 29, 2023 Cross on Jan 31, 2024 Cross on Feb 5, 2024 Cross on Feb 16, 2024 Cross on Feb 26, 2024 Cross on Mar 7, 2024 Cross on Mar 12, 2024 Cross on Mar 15, 2024 Cross on Sep 3, 2024 Cross on Oct 10, 2024 Cross on Oct 15, 2024 Cross on Dec 27, 2024 Cross on May 12, 2025 Cross on Aug 11, 2025 Cross on Aug 14, 2025 Cross on Aug 19, 2025 Cross on Aug 28, 2025 Cross on Sep 11, 2025 Cross on Sep 25, 2025 Cross on Nov 17, 2025 Cross on Dec 4, 2025 Cross on Dec 16, 2025 Cross on Dec 23, 2025 Cross on Jan 7, 2026 Cross on Jan 16, 2026 Cross on May 12, 2026 Cross on Aug 7, 2026 Cross on Aug 21, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
B historical gamma-max cross outcomes after closing below
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 49 +0.4% -0.7% to +1.3% 61% -0.1% to +0.6% 0.0%
Day +2 49 +0.5% -1.6% to +2.1% 55% -0.5% to +1.1% 0.0%
Day +3 49 +0.2% -2.0% to +1.8% 53% -1.2% to +1.1% 0.0%
Day +4 49 +0.0% -1.5% to +3.4% 51% -0.5% to +1.2% 0.0%
Day +5 49 +0.2% -2.8% to +5.5% 55% -0.5% to +2.3% 0.0%
Day +6 49 +0.3% -2.6% to +5.0% 53% -0.9% to +3.0% 0.0%
Day +7 49 +0.4% -2.8% to +6.8% 55% -0.7% to +4.1% 0.0%
Day +8 49 +2.4% -1.2% to +7.7% 65% +0.1% to +4.9% +0.1%
Day +9 49 +1.6% -1.8% to +7.2% 61% -0.4% to +4.2% 0.0%
Day +10 49 +0.3% -2.1% to +7.7% 57% -0.7% to +4.2% 0.0%
Crosses above gamma max 47 completed Day +10 paths · latest Aug 20, 2026
B 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. -16.0% -8.0% 0% +8.0% +16.0% Cross on Apr 12, 2021 Cross on May 7, 2021 Cross on May 18, 2021 Cross on Jun 4, 2021 Cross on Jun 14, 2021 Cross on Jul 9, 2021 Cross on Jul 20, 2021 Cross on Jul 26, 2021 Cross on Jul 28, 2021 Cross on Aug 3, 2021 Cross on Aug 2, 2022 Cross on Mar 6, 2023 Cross on Mar 9, 2023 Cross on Oct 31, 2023 Cross on Nov 3, 2023 Cross on Nov 9, 2023 Cross on Nov 14, 2023 Cross on Nov 24, 2023 Cross on Nov 29, 2023 Cross on Dec 14, 2023 Cross on Jan 29, 2024 Cross on Feb 2, 2024 Cross on Feb 6, 2024 Cross on Feb 23, 2024 Cross on Mar 4, 2024 Cross on Mar 8, 2024 Cross on Mar 13, 2024 Cross on May 14, 2024 Cross on Oct 8, 2024 Cross on Oct 11, 2024 Cross on Dec 20, 2024 Cross on Jan 17, 2025 Cross on Aug 5, 2025 Cross on Aug 12, 2025 Cross on Aug 15, 2025 Cross on Aug 20, 2025 Cross on Sep 5, 2025 Cross on Sep 19, 2025 Cross on Nov 12, 2025 Cross on Nov 26, 2025 Cross on Dec 12, 2025 Cross on Dec 19, 2025 Cross on Jan 6, 2026 Cross on Jan 12, 2026 Cross on May 11, 2026 Cross on Aug 5, 2026 Cross on Aug 20, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
B historical gamma-max cross outcomes after closing above
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 47 +0.4% -1.0% to +1.3% 60% 0.0% to +0.8% 0.0%
Day +2 47 +0.5% -0.6% to +1.9% 62% -0.1% to +0.9% 0.0%
Day +3 47 +0.6% -0.6% to +2.7% 66% +0.1% to +1.7% +0.1%
Day +4 47 +0.4% -1.7% to +3.3% 62% -0.0% to +1.5% 0.0%
Day +5 47 +0.4% -1.8% to +3.6% 57% -0.5% to +2.0% 0.0%
Day +6 47 +0.1% -2.4% to +5.0% 55% -0.3% to +2.4% 0.0%
Day +7 47 +0.4% -2.7% to +4.6% 57% -0.7% to +2.7% 0.0%
Day +8 47 +2.1% -2.0% to +5.8% 64% +0.0% to +4.2% +0.0%
Day +9 47 +2.5% -2.2% to +7.1% 64% +0.0% to +4.8% +0.0%
Day +10 47 +2.8% -1.6% to +7.9% 66% +0.2% to +6.1% +0.2%

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

B trailing historical statistics
Sessions closed above gamma max 9%
Gamma max crosses 18
Delta neutral crosses 2
Prior-year sessions closer to gamma max 91.7% of 252
Prior-year sessions closer to delta neutral 4.0% of 252
Open interest percentile (1y) 27th
Daily open interest change versus prior year -0.23σ (-13,262 contracts; 252 prior changes)
Open interest change, 5 sessions +2.2%
Open interest change, 21 sessions -8.4%
History available Dec 1, 2020 → Oct 2, 2026

Recent crosses

  1. closed below gamma max at 47.61 vs 48.18 (-1.2%)
  2. closed above gamma max at 46.29 vs 45.84 (+1.0%)
  3. closed below gamma max at 43.69 vs 43.80 (-0.3%)
  4. closed above gamma max at 41.06 vs 40.64 (+1.0%)
  5. closed below gamma max at 45.85 vs 45.97 (-0.3%)
  6. closed above gamma max at 47.04 vs 45.92 (+2.4%)
  7. closed above delta neutral at 37.14 vs 32.32 (+13.0%)
  8. closed below delta neutral at 38.28 vs 38.59 (-0.8%)
  9. closed below gamma max at 48.73 vs 51.07 (-4.8%)
  10. closed above gamma max at 49.03 vs 47.95 (+2.2%)

In today's screens

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Neighbours by open interest

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

Questions people ask about B

Where is B's gamma max today?

As of Oct 2, 2026, the gamma max for B is 47.38, +17.8% from the 40.23 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 B above or below its delta neutral price?

B closed above delta neutral: 40.23 against a delta neutral price of 38.44. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does B have?

798,552 contracts of open interest across 523 listed contracts on Oct 2, 2026, -1.6% 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.