BTU gamma max, delta neutral & open interest levels
As of close · rank #489 by open interest · 1,379 sessions of history since Dec 1, 2020
BTU closed 44.0% below its gamma max of 40.64. It is 17.9% above the delta neutral price of 23.17. Total open interest is 164,895, -3.6% versus the previous session. What gamma max means · What delta neutral means
One-year history
Last 252 sessions
| Sessions closed above gamma max | 20% |
| Gamma max crosses | 34 |
| Delta neutral crosses | 2 |
| Open interest percentile (1y) | 43th |
| Open interest change, 5 sessions | -3.2% |
| Open interest change, 21 sessions | -0.8% |
| History available | Dec 1, 2020 → Sep 11, 2026 |
Recent crosses
- closed below gamma max at 27.61 vs 29.19 (-5.7%)
- closed above gamma max at 26.86 vs 26.52 (+1.3%)
- closed below gamma max at 26.42 vs 29.22 (-10.6%)
- closed above gamma max at 26.27 vs 25.16 (+4.2%)
- closed below gamma max at 28.14 vs 28.91 (-2.8%)
- closed above gamma max at 29.60 vs 29.30 (+1.0%)
- closed below gamma max at 27.09 vs 28.86 (-6.5%)
- closed above gamma max at 25.90 vs 25.50 (+1.5%)
- closed above delta neutral at 24.69 vs 24.27 (+1.7%)
- closed below delta neutral at 24.07 vs 24.29 (-0.9%)
In today's screens
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Neighbours by open interest
Questions people ask about BTU
Where is BTU's gamma max today?
As of Sep 11, 2026, the gamma max for BTU is 40.64, +44.0% from the 28.21 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 BTU above or below its delta neutral price?
BTU closed above delta neutral: 28.21 against a delta neutral price of 23.17. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does BTU have?
164,895 contracts of open interest across 494 listed contracts on Sep 11, 2026, -3.6% 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.