BB max pain, gamma exposure (GEX) & options open interest
As of close · rank #182 by open interest · 1,393 sessions of history since Dec 1, 2020
BB's nearest-expiration max pain is 8.50 for 2026-10-09, net GEX is 28,838,695, its put/call open-interest ratio is 0.21. These are whole-chain derived aggregates as of Oct 2, 2026 close.
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.
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.
Strongest relative signals: front IV premium 4.1 pp · volume/OI 0.09
BB closed 3.5% below its gamma max of 9.62. It is 26.4% above the delta neutral price of 6.85. That is a fresh cross: the previous close was on the other side of gamma max. Total open interest is 566,625, -9.1% versus the previous session. Its options catalyst-intensity score is 62.0 out of 100, led by front IV premium 4.1 pp, volume/OI 0.09. 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.
| Measure | Value |
|---|---|
| Call OI change, 1 session | -40,895 contracts · -8.0% |
| Put OI change, 1 session | -15,543 contracts · -13.7% |
| Call minus put OI growth, 1 session | +5.7 pp |
| Call OI change, 5 sessions | +17,133 contracts · +3.8% |
| Put OI change, 5 sessions | -3,121 contracts · -3.1% |
| Call minus put OI growth, 5 sessions | +6.9 pp |
| Daily call OI change surprise | -1.59σ (252 prior changes) |
| Daily put OI change surprise | -1.87σ (252 prior changes) |
| Daily call-minus-put growth surprise | +1.17σ (252 prior changes) |
History
Hover for valuesDrag to panScroll to zoomClick a series to hide it ← → step a session+ − zoomTouch: swipe to pan, pinch to zoom, hold for the crosshair
Analysis visualizations
Derived from the 2026-10-02 options chain. Select an analysis to explore its chart.
No matching visualizations.
Gamma walls
Chart loads when this section is in view.
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 52 completed Day +10 paths · latest Oct 2, 2026 fresh cross
| Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
|---|---|---|---|---|---|---|
| Day +1 | 52 | -0.6% | -2.9% to +2.4% | 38% | -1.0% to +0.2% | 0.0% |
| Day +2 | 52 | -2.3% | -4.8% to +3.7% | 40% | -3.3% to +0.3% | 0.0% |
| Day +3 | 52 | -2.7% | -5.1% to +3.3% | 44% | -4.0% to +0.6% | 0.0% |
| Day +4 | 52 | -1.4% | -6.2% to +4.6% | 38% | -3.0% to +0.2% | 0.0% |
| Day +5 | 52 | -1.0% | -6.3% to +5.6% | 38% | -4.5% to +0.4% | 0.0% |
| Day +6 | 52 | -1.3% | -6.8% to +6.5% | 44% | -3.7% to +1.4% | 0.0% |
| Day +7 | 52 | -0.3% | -5.5% to +4.2% | 48% | -3.4% to +2.4% | 0.0% |
| Day +8 | 52 | -1.9% | -7.1% to +2.8% | 46% | -3.5% to +0.9% | 0.0% |
| Day +9 | 52 | -2.8% | -8.2% to +3.9% | 40% | -6.3% to +0.5% | 0.0% |
| Day +10 | 52 | -3.5% | -8.3% to +2.6% | 37% | -6.9% to 0.0% | 0.0% |
Crosses above gamma max 52 completed Day +10 paths · latest Oct 1, 2026
| Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
|---|---|---|---|---|---|---|
| Day +1 | 53 | 0.0% | -2.7% to +1.9% | 47% | -0.8% to +0.7% | 0.0% |
| Day +2 | 52 | -1.1% | -3.7% to +2.8% | 42% | -2.6% to +1.6% | 0.0% |
| Day +3 | 52 | -0.7% | -4.7% to +4.9% | 46% | -2.3% to +1.0% | 0.0% |
| Day +4 | 52 | -1.5% | -6.1% to +3.3% | 40% | -3.7% to +0.3% | 0.0% |
| Day +5 | 52 | -0.9% | -7.5% to +5.1% | 42% | -4.8% to +2.2% | 0.0% |
| Day +6 | 52 | +0.2% | -7.8% to +5.6% | 52% | -3.5% to +1.7% | 0.0% |
| Day +7 | 52 | -1.8% | -8.3% to +5.5% | 40% | -5.0% to +1.4% | 0.0% |
| Day +8 | 52 | -2.3% | -8.6% to +5.4% | 38% | -6.9% to +0.8% | 0.0% |
| Day +9 | 52 | -1.9% | -9.3% to +5.1% | 38% | -5.5% to +1.9% | 0.0% |
| Day +10 | 52 | -2.6% | -9.7% to +8.7% | 40% | -5.8% to +3.0% | 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
| Sessions closed above gamma max | 10% |
| Gamma max crosses | 26 |
| Delta neutral crosses | 0 |
| Prior-year sessions closer to gamma max | 16.3% of 252 |
| Prior-year sessions closer to delta neutral | 58.3% of 252 |
| Open interest percentile (1y) | 63th |
| Daily open interest change versus prior year | -1.70σ (-56,438 contracts; 252 prior changes) |
| Open interest change, 5 sessions | +2.5% |
| Open interest change, 21 sessions | -10.0% |
| History available | Dec 1, 2020 → Oct 2, 2026 |
Recent crosses
- closed below gamma max at 9.30 vs 9.62 (-3.5%)
- closed above gamma max at 9.18 vs 9.11 (+0.7%)
- closed below gamma max at 8.16 vs 8.98 (-10.0%)
- closed above gamma max at 8.65 vs 8.53 (+1.4%)
- closed below gamma max at 11.01 vs 12.36 (-12.3%)
- closed above gamma max at 10.71 vs 10.48 (+2.1%)
- closed below gamma max at 11.51 vs 11.74 (-2.0%)
- closed above gamma max at 10.23 vs 9.83 (+4.0%)
- closed below gamma max at 9.30 vs 9.61 (-3.3%)
- closed above gamma max at 9.41 vs 8.95 (+4.9%)
In today's screens
Neighbours by open interest
Cite or embed this snapshot
Share the dated 1600×840 image or cite this canonical page. The card contains public derived aggregates, not contract-level quotes.
Canonical source: https://halfonadouble.com/stock/BB
Questions people ask about BB
Where is BB's gamma max today?
As of Oct 2, 2026, the gamma max for BB is 9.62, +3.5% from the 9.30 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 BB above or below its delta neutral price?
BB closed above delta neutral: 9.30 against a delta neutral price of 6.85. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does BB have?
566,625 contracts of open interest across 291 listed contracts on Oct 2, 2026, -9.1% 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.