Data through close

COWZ max pain, gamma exposure (GEX) & options open interest

As of close · rank #4484 by open interest · snapshot page

COWZ's nearest-expiration max pain is 68.00 for 2026-10-16, net GEX is 54,264, its put/call open-interest ratio is 0.21. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
67.50
prev 67.63
Gamma max
67.00
-0.7% from close
Delta neutral
62.97
-6.7% from close
Gamma neutral
67.50
0.0% from close
Open interest
205
+0.5% vs prev
Contracts listed
31
22 calls · 9 puts

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.

Nearest max pain
68.00
+0.7% from close
2026-10-16
GEX flip
–
Net GEX
54,264
26,470,244 per 100k OI
Call wall
68.00
+0.7% from close
Put wall
69.00
+2.2% from close
Put/call OI
0.21
35 puts / 170 calls

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.

Catalyst intensity
–
cross-sectional score / 100
Directional score
–
IV rank
6.9
within trailing 52-week range
Front / back ATM IV
+23.6% / +18.0%
5.5 pp front premium
Expected move
+4.6%
14 DTE · one standard deviation
ATM straddle / spot
–
front-window midpoint premium
25Δ risk reversal
– pp
put IV minus call IV
IV butterfly
– pp
front-window smile convexity
Volume / open interest
0.00
1 contracts traded
Normalized net delta
0.248
option-holder convention
Modeled dealer delta
-0.248
opposite-side scenario
Vanna / 100k OI
0
volatility-sensitive delta
Charm / 100k OI
0
time-decay-sensitive delta
IV surface range
39.2 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

COWZ closed 0.7% above its gamma max of 67.00. It is 6.7% above the delta neutral price of 62.97. That is a fresh cross: the previous close was on the other side of gamma max. Total open interest is 205, +0.5% versus the previous session. What gamma max means · What delta neutral means

History

Full history since 2020: drag to pan, scroll to zoom, hover for values. Open full-screen chart

Analysis visualizations

Derived from the 2026-10-02 options chain. Select an analysis to explore its chart.

Gamma walls

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In today's screens

Neighbours by open interest

Questions people ask about COWZ

Where is COWZ's gamma max today?

As of Oct 2, 2026, the gamma max for COWZ is 67.00, -0.7% from the 67.50 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 COWZ above or below its delta neutral price?

COWZ closed above delta neutral: 67.50 against a delta neutral price of 62.97. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does COWZ have?

205 contracts of open interest across 31 listed contracts on Oct 2, 2026, +0.5% 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.