CAPR max pain, gamma exposure (GEX) & options open interest
As of close · rank #492 by open interest · 1,100 sessions of history since Dec 4, 2020
CAPR's nearest-expiration max pain is 9.00 for 2026-10-09, its GEX flip is 1.93, net GEX is 2,291,146, its put/call open-interest ratio is 0.46. 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: 7d expected move +17.4% · smile convexity 21.7 pp · 25Δ risk reversal 46.3 pp
CAPR closed 15.5% below its gamma max of 10.34. It is 51.0% above the delta neutral price of 4.39. Total open interest is 152,595, -2.8% versus the previous session. Its options catalyst-intensity score is 52.3 out of 100, led by 7d expected move +17.4%, smile convexity 21.7 pp, 25Δ risk reversal 46.3 pp. 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 | -1,465 contracts · -1.4% |
| Put OI change, 1 session | -2,869 contracts · -5.6% |
| Call minus put OI growth, 1 session | +4.2 pp |
| Call OI change, 5 sessions | +9,133 contracts · +9.6% |
| Put OI change, 5 sessions | +2,089 contracts · +4.5% |
| Call minus put OI growth, 5 sessions | +5.1 pp |
| Daily call OI change surprise | -0.20σ (250 prior changes) |
| Daily put OI change surprise | -0.20σ (250 prior changes) |
| Daily call-minus-put growth surprise | +0.64σ (250 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 37 completed Day +10 paths · latest Jul 22, 2026
| Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
|---|---|---|---|---|---|---|
| Day +1 | 37 | +0.5% | -2.9% to +2.9% | 57% | -1.3% to +1.6% | 0.0% |
| Day +2 | 37 | +0.3% | -4.8% to +4.2% | 51% | -1.3% to +2.3% | 0.0% |
| Day +3 | 37 | 0.0% | -4.1% to +2.6% | 49% | -2.2% to +1.1% | 0.0% |
| Day +4 | 37 | +1.3% | -4.5% to +5.1% | 57% | -2.4% to +2.1% | 0.0% |
| Day +5 | 37 | +1.7% | -5.9% to +6.9% | 57% | -2.8% to +3.8% | 0.0% |
| Day +6 | 37 | +2.4% | -8.6% to +6.3% | 59% | -1.3% to +5.3% | 0.0% |
| Day +7 | 37 | -0.2% | -6.6% to +6.2% | 46% | -2.8% to +2.5% | 0.0% |
| Day +8 | 37 | +0.5% | -9.3% to +8.2% | 51% | -3.4% to +3.2% | 0.0% |
| Day +9 | 37 | +1.2% | -11.1% to +9.7% | 54% | -4.6% to +6.5% | 0.0% |
| Day +10 | 37 | +0.9% | -8.0% to +13.6% | 59% | -2.5% to +4.2% | 0.0% |
Crosses above gamma max 29 completed Day +10 paths · latest Apr 10, 2026
| Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
|---|---|---|---|---|---|---|
| Day +1 | 29 | -1.5% | -3.5% to +1.3% | 28% | -2.4% to -0.2% | -0.2% |
| Day +2 | 29 | -1.7% | -5.0% to +3.9% | 38% | -4.2% to +2.5% | 0.0% |
| Day +3 | 29 | -0.7% | -5.6% to +1.5% | 48% | -3.8% to +0.5% | 0.0% |
| Day +4 | 29 | -1.8% | -4.8% to +5.0% | 38% | -3.9% to +2.3% | 0.0% |
| Day +5 | 29 | -0.1% | -6.1% to +4.4% | 48% | -5.2% to +4.1% | 0.0% |
| Day +6 | 29 | +0.2% | -6.5% to +6.9% | 52% | -4.8% to +5.0% | 0.0% |
| Day +7 | 29 | +0.9% | -7.8% to +10.4% | 55% | -2.9% to +4.1% | 0.0% |
| Day +8 | 29 | +0.8% | -8.5% to +12.0% | 59% | -4.6% to +3.8% | 0.0% |
| Day +9 | 29 | -1.5% | -10.5% to +10.6% | 45% | -5.4% to +6.7% | 0.0% |
| Day +10 | 29 | -0.7% | -9.6% to +11.4% | 48% | -8.4% to +9.2% | 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 | 17% |
| Gamma max crosses | 20 |
| Delta neutral crosses | 10 |
| Prior-year sessions closer to gamma max | 43.7% of 252 |
| Prior-year sessions closer to delta neutral | 91.3% of 252 |
| Open interest percentile (1y) | 74th |
| Daily open interest change versus prior year | -0.23σ (-4,334 contracts; 252 prior changes) |
| Open interest change, 5 sessions | +7.9% |
| Open interest change, 21 sessions | -24.8% |
| History available | Dec 4, 2020 → Oct 2, 2026 |
Recent crosses
- closed below gamma max at 8.71 vs 10.82 (-24.2%)
- closed above gamma max at 8.57 vs 3.53 (+58.8%)
- closed below gamma max at 8.90 vs 10.12 (-13.7%)
- closed above gamma max at 9.06 vs 3.45 (+61.9%)
- closed above delta neutral at 7.45 vs 5.96 (+20.0%)
- closed below delta neutral at 6.65 vs 6.71 (-0.9%)
- closed above delta neutral at 3.85 vs 3.30 (+14.2%)
- closed below delta neutral at 4.19 vs 4.64 (-10.6%)
- closed above delta neutral at 6.57 vs 5.85 (+11.0%)
- closed below delta neutral at 6.99 vs 7.22 (-3.2%)
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/CAPR
Questions people ask about CAPR
Where is CAPR's gamma max today?
As of Oct 2, 2026, the gamma max for CAPR is 10.34, +15.5% from the 8.95 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 CAPR above or below its delta neutral price?
CAPR closed above delta neutral: 8.95 against a delta neutral price of 4.39. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does CAPR have?
152,595 contracts of open interest across 306 listed contracts on Oct 2, 2026, -2.8% 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.