Data through close

BTI gamma max, delta neutral & open interest levels

As of close · rank #588 by open interest · 1,379 sessions of history since Dec 1, 2020

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Close
55.24
prev 54.86
Gamma max
62.31
+12.8% from close
Delta neutral
54.74
-0.9% from close
Gamma neutral
49.04
-11.2% from close
Open interest
122,924
-0.6% vs prev
Contracts listed
234
133 calls · 130 puts

BTI closed 12.8% below its gamma max of 62.31. It is 0.9% above the delta neutral price of 54.74. Total open interest is 122,924, -0.6% versus the previous session. What gamma max means · What delta neutral means

One-year history

2025-092026-09
close delta neutral gamma max

Last 252 sessions

Sessions closed above gamma max5%
Gamma max crosses17
Delta neutral crosses2
Open interest percentile (1y)27th
Open interest change, 5 sessions-0.5%
Open interest change, 21 sessions-4.5%
History availableDec 1, 2020 → Sep 11, 2026

Recent crosses

  1. closed above delta neutral at 54.86 vs 54.33 (+1.0%)
  2. closed below delta neutral at 54.33 vs 54.83 (-0.9%)
  3. closed below gamma max at 59.51 vs 60.00 (-0.8%)
  4. closed above gamma max at 61.36 vs 60.00 (+2.2%)
  5. closed below gamma max at 65.09 vs 66.51 (-2.2%)
  6. closed above gamma max at 63.64 vs 62.37 (+2.0%)
  7. closed below gamma max at 62.08 vs 64.14 (-3.3%)
  8. closed above gamma max at 60.99 vs 60.08 (+1.5%)
  9. closed below gamma max at 61.15 vs 62.56 (-2.3%)
  10. closed above gamma max at 62.80 vs 62.54 (+0.4%)

In today's screens

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Neighbours by open interest

Questions people ask about BTI

Where is BTI's gamma max today?

As of Sep 11, 2026, the gamma max for BTI is 62.31, +12.8% from the 55.24 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 BTI above or below its delta neutral price?

BTI closed above delta neutral: 55.24 against a delta neutral price of 54.74. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does BTI have?

122,924 contracts of open interest across 234 listed contracts on Sep 11, 2026, -0.6% versus the previous session. What open interest measures.

Levels are recomputed after every trading day from end-of-day options data licensed from HistoricalOptionData.com; only derived aggregates are published. Methodology · Data and licence · Not investment advice.