COP gamma max, delta neutral & open interest levels
As of close · rank #312 by open interest · 1,379 sessions of history since Dec 1, 2020
COP closed 0.5% above its gamma max of 136.72. It is 13.6% above the delta neutral price of 118.61. That is a fresh cross: the previous close was on the other side of gamma max. Total open interest is 309,585, -0.4% versus the previous session. What gamma max means · What delta neutral means
One-year history
Last 252 sessions
| Sessions closed above gamma max | 12% |
| Gamma max crosses | 29 |
| Delta neutral crosses | 15 |
| Open interest percentile (1y) | 36th |
| Open interest change, 5 sessions | +0.4% |
| Open interest change, 21 sessions | +1.8% |
| History available | Dec 1, 2020 → Sep 11, 2026 |
Recent crosses
- closed above gamma max at 137.35 vs 136.72 (+0.5%)
- closed below gamma max at 135.72 vs 137.49 (-1.3%)
- closed above gamma max at 136.19 vs 135.58 (+0.5%)
- closed below gamma max at 133.35 vs 135.29 (-1.5%)
- closed above gamma max at 134.87 vs 134.79 (+0.1%)
- closed below gamma max at 127.56 vs 129.26 (-1.3%)
- closed above gamma max at 126.78 vs 126.21 (+0.5%)
- closed below gamma max at 127.30 vs 127.69 (-0.3%)
- closed above gamma max at 125.92 vs 125.04 (+0.7%)
- closed below gamma max at 120.26 vs 123.40 (-2.6%)
In today's screens
Neighbours by open interest
Questions people ask about COP
Where is COP's gamma max today?
As of Sep 11, 2026, the gamma max for COP is 136.72, -0.5% from the 137.35 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 COP above or below its delta neutral price?
COP closed above delta neutral: 137.35 against a delta neutral price of 118.61. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does COP have?
309,585 contracts of open interest across 770 listed contracts on Sep 11, 2026, -0.4% 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.