CLOV max pain, gamma exposure (GEX) & options open interest
As of close · rank #302 by open interest · 1,303 sessions of history since Jan 11, 2021
CLOV's nearest-expiration max pain is 4.50 for 2026-10-09, its GEX flip is 1.68, net GEX is 9,829,538, its put/call open-interest ratio is 0.26. 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 13.7 pp · 25Δ risk reversal -138.8 pp · IV rank 100
CLOV closed 15.1% below its gamma max of 5.04. It is 20.4% above the delta neutral price of 3.49. Total open interest is 303,724, -5.5% versus the previous session. Its options catalyst-intensity score is 70.6 out of 100, led by front IV premium 13.7 pp, 25Δ risk reversal -138.8 pp, IV rank 100. 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 | -11,720 contracts · -4.6% |
| Put OI change, 1 session | -6,011 contracts · -8.8% |
| Call minus put OI growth, 1 session | +4.1 pp |
| Call OI change, 5 sessions | -1,011 contracts · -0.4% |
| Put OI change, 5 sessions | +2,857 contracts · +4.8% |
| Call minus put OI growth, 5 sessions | -5.2 pp |
| Daily call OI change surprise | -0.63σ (252 prior changes) |
| Daily put OI change surprise | -0.73σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.60σ (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 38 completed Day +10 paths · latest Jun 11, 2026
| Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
|---|---|---|---|---|---|---|
| Day +1 | 38 | -0.7% | -1.6% to +3.3% | 37% | -1.3% to +0.2% | 0.0% |
| Day +2 | 38 | -1.2% | -3.5% to +3.8% | 47% | -2.1% to +2.0% | 0.0% |
| Day +3 | 38 | -0.4% | -5.1% to +5.1% | 47% | -2.9% to +3.1% | 0.0% |
| Day +4 | 38 | -2.0% | -5.8% to +2.7% | 39% | -4.8% to +0.3% | 0.0% |
| Day +5 | 38 | -0.7% | -6.1% to +5.8% | 45% | -3.0% to +2.4% | 0.0% |
| Day +6 | 38 | -0.8% | -6.8% to +5.1% | 50% | -4.4% to +2.1% | 0.0% |
| Day +7 | 38 | +1.0% | -8.1% to +8.0% | 55% | -6.0% to +6.2% | 0.0% |
| Day +8 | 38 | +1.8% | -7.8% to +7.7% | 55% | -5.7% to +6.3% | 0.0% |
| Day +9 | 38 | +0.7% | -7.3% to +8.2% | 55% | -4.9% to +5.7% | 0.0% |
| Day +10 | 38 | +0.7% | -6.7% to +6.6% | 50% | -3.5% to +4.6% | 0.0% |
Crosses above gamma max 40 completed Day +10 paths · latest Jun 9, 2026
| Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
|---|---|---|---|---|---|---|
| Day +1 | 40 | -0.6% | -3.7% to +2.3% | 45% | -2.0% to +1.1% | 0.0% |
| Day +2 | 40 | -0.4% | -4.4% to +3.0% | 48% | -3.4% to +1.4% | 0.0% |
| Day +3 | 40 | +0.4% | -5.0% to +5.0% | 53% | -3.6% to +3.3% | 0.0% |
| Day +4 | 40 | -0.3% | -8.3% to +6.0% | 48% | -4.9% to +3.3% | 0.0% |
| Day +5 | 40 | -1.8% | -7.9% to +9.3% | 43% | -5.3% to +1.0% | 0.0% |
| Day +6 | 40 | -0.5% | -7.9% to +10.2% | 45% | -3.9% to +3.1% | 0.0% |
| Day +7 | 40 | -0.5% | -9.0% to +9.0% | 48% | -4.6% to +6.3% | 0.0% |
| Day +8 | 40 | -0.3% | -8.7% to +10.3% | 48% | -5.4% to +4.3% | 0.0% |
| Day +9 | 40 | +1.2% | -9.9% to +14.4% | 55% | -5.4% to +7.6% | 0.0% |
| Day +10 | 40 | +2.0% | -9.9% to +11.4% | 55% | -4.8% to +8.1% | 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 | 5% |
| Gamma max crosses | 20 |
| Delta neutral crosses | 0 |
| Prior-year sessions closer to gamma max | 50.8% of 252 |
| Prior-year sessions closer to delta neutral | 15.1% of 252 |
| Open interest percentile (1y) | 30th |
| Daily open interest change versus prior year | -0.72σ (-17,731 contracts; 252 prior changes) |
| Open interest change, 5 sessions | +0.6% |
| Open interest change, 21 sessions | +5.0% |
| History available | Jan 11, 2021 → Oct 2, 2026 |
Recent crosses
- closed below gamma max at 4.90 vs 4.93 (-0.6%)
- closed above gamma max at 4.29 vs 4.15 (+3.3%)
- closed below gamma max at 3.98 vs 4.57 (-14.9%)
- closed above gamma max at 4.18 vs 4.04 (+3.3%)
- closed below gamma max at 3.55 vs 4.12 (-16.0%)
- closed above gamma max at 3.59 vs 3.55 (+1.1%)
- closed below gamma max at 3.49 vs 3.50 (-0.1%)
- closed above gamma max at 3.57 vs 3.49 (+2.2%)
- closed below gamma max at 3.29 vs 3.48 (-5.7%)
- closed above gamma max at 3.21 vs 3.04 (+5.5%)
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/CLOV
Questions people ask about CLOV
Where is CLOV's gamma max today?
As of Oct 2, 2026, the gamma max for CLOV is 5.04, +15.1% from the 4.38 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 CLOV above or below its delta neutral price?
CLOV closed above delta neutral: 4.38 against a delta neutral price of 3.49. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does CLOV have?
303,724 contracts of open interest across 161 listed contracts on Oct 2, 2026, -5.5% 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.