Data through close

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

As of close · rank #738 by open interest · snapshot page

Chart Download CSV JSON snapshot Advanced analysis

BAX's nearest-expiration max pain is 23.50 for 2026-10-09, net GEX is 4,181,201, its put/call open-interest ratio is 0.47. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
23.49
prev 23.64
Gamma max
25.31
+7.7% from close
Delta neutral
19.25
-18.0% from close
Gamma neutral
23.49
0.0% from close
Open interest
81,126
-1.6% vs prev
Contracts listed
252
163 calls · 129 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
23.50
+0.0% from close
2026-10-09
GEX flip
–
Net GEX
4,181,201
5,153,959 per 100k OI
Call wall
25.00
+6.4% from close
Put wall
25.00
+6.4% from close
Put/call OI
0.47
25,851 puts / 55,275 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
60.9
within trailing 52-week range
Front / back ATM IV
+40.4% / +46.8%
-6.4 pp front premium
Expected move
+5.6%
7 DTE · one standard deviation
ATM straddle / spot
+6.1%
front-window midpoint premium
25Δ risk reversal
-37.0 pp
put IV minus call IV
IV butterfly
5.7 pp
front-window smile convexity
Volume / open interest
0.05
4,148 contracts traded
Normalized net delta
0.207
option-holder convention
Modeled dealer delta
-0.205
opposite-side scenario
Vanna / 100k OI
2,015
volatility-sensitive delta
Charm / 100k OI
-180,437
time-decay-sensitive delta
IV surface range
101.3 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

BAX closed 7.7% below its gamma max of 25.31. It is 18.0% above the delta neutral price of 19.25. Total open interest is 81,126, -1.6% 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

← KDK (#737) REAL (#739) →

Questions people ask about BAX

Where is BAX's gamma max today?

As of Oct 2, 2026, the gamma max for BAX is 25.31, +7.7% from the 23.49 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 BAX above or below its delta neutral price?

BAX closed above delta neutral: 23.49 against a delta neutral price of 19.25. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does BAX have?

81,126 contracts of open interest across 252 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.