Data through close

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

As of close · rank #388 by open interest · 1,394 sessions of history since Dec 1, 2020

DDOG's nearest-expiration max pain is 250.00 for 2026-10-09, its GEX flip is 243.87, net GEX is 4,534,152, its put/call open-interest ratio is 0.89. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
277.22
prev 276.46
Gamma max
294.51
+6.2% from close
Delta neutral
234.04
-15.6% from close
Gamma neutral
243.87
-12.0% from close
Open interest
216,546
-5.9% vs prev
Contracts listed
983
674 calls · 635 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
250.00
-9.8% from close
2026-10-09
GEX flip
243.87
-12.0% from close
Net GEX
4,534,152
2,093,852 per 100k OI
Call wall
300.00
+8.2% from close
Put wall
240.00
-13.4% from close
Put/call OI
0.89
102,082 puts / 114,464 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
40.8
cross-sectional score / 100
Directional score
-18.1
relatively bearish positioning
IV rank
100.0
within trailing 52-week range
Front / back ATM IV
+54.2% / +70.3%
-16.2 pp front premium
Expected move
+7.5%
7 DTE · one standard deviation
ATM straddle / spot
+5.4%
front-window midpoint premium
25Δ risk reversal
1.2 pp
put IV minus call IV
IV butterfly
-5.8 pp
front-window smile convexity
Volume / open interest
0.05
10,823 contracts traded
Normalized net delta
0.275
option-holder convention
Modeled dealer delta
-0.271
opposite-side scenario
Vanna / 100k OI
439
volatility-sensitive delta
Charm / 100k OI
-3,579,230
time-decay-sensitive delta
IV surface range
107.8 pp
published contour maximum minus minimum

Strongest relative signals: IV rank 100

Download the complete dated analysis JSON .

DDOG closed 6.2% below its gamma max of 294.51. It is 15.6% above the delta neutral price of 234.04. Total open interest is 216,546, -5.9% versus the previous session. Its options catalyst-intensity score is 40.8 out of 100, led by 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.

DDOG call and put open interest changes
Measure Value
Call OI change, 1 session -6,892 contracts · -5.7%
Put OI change, 1 session -6,807 contracts · -6.3%
Call minus put OI growth, 1 session +0.6 pp
Call OI change, 5 sessions +2,475 contracts · +2.2%
Put OI change, 5 sessions +3,449 contracts · +3.5%
Call minus put OI growth, 5 sessions -1.3 pp
Daily call OI change surprise -0.65σ (252 prior changes)
Daily put OI change surprise -0.60σ (252 prior changes)
Daily call-minus-put growth surprise +0.18σ (252 prior changes)

History

2025-10 2026-10
close delta neutral gamma max
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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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 above gamma max 25 completed Day +10 paths · latest May 29, 2026
DDOG returns after crossing above gamma max Historical close-to-close return paths from Day 0 through Day 10, with the median, middle fifty percent, and a nominal confidence interval for the median. -18.0% -9.0% 0% +9.0% +18.0% Cross on Dec 17, 2020 Cross on Jun 17, 2021 Cross on Aug 5, 2021 Cross on Sep 16, 2021 Cross on Oct 13, 2021 Cross on Oct 22, 2021 Cross on Oct 29, 2021 Cross on Nov 5, 2021 Cross on Feb 2, 2023 Cross on Jul 13, 2023 Cross on Nov 14, 2023 Cross on Nov 29, 2023 Cross on Dec 14, 2023 Cross on Dec 18, 2023 Cross on Jan 17, 2024 Cross on Feb 2, 2024 Cross on Oct 10, 2024 Cross on Nov 21, 2024 Cross on Dec 4, 2024 Cross on Jun 18, 2025 Cross on Jun 23, 2025 Cross on Jul 2, 2025 Cross on Aug 28, 2025 Cross on May 7, 2026 Cross on May 29, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
DDOG historical gamma-max cross outcomes after closing above
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 25 -0.4% -1.1% to +1.5% 40% -0.9% to +1.0% 0.0%
Day +2 25 +0.6% -1.3% to +3.3% 56% -1.3% to +2.2% 0.0%
Day +3 25 +1.0% -2.6% to +2.2% 64% -2.5% to +1.7% 0.0%
Day +4 25 +0.2% -1.5% to +2.6% 52% -1.2% to +2.5% 0.0%
Day +5 25 +0.8% -2.2% to +2.9% 64% -2.0% to +2.7% 0.0%
Day +6 25 +1.6% -1.5% to +2.9% 68% -1.4% to +2.3% 0.0%
Day +7 25 +1.5% -2.0% to +4.1% 60% -1.7% to +3.5% 0.0%
Day +8 25 +1.8% -1.6% to +4.1% 64% -1.5% to +3.7% 0.0%
Day +9 25 +2.0% -1.8% to +3.8% 64% -1.7% to +3.2% 0.0%
Day +10 25 +0.5% -3.4% to +7.0% 56% -3.2% to +6.0% 0.0%
Crosses below gamma max 24 completed Day +10 paths · latest May 11, 2026
DDOG returns after crossing below gamma max Historical close-to-close return paths from Day 0 through Day 10, with the median, middle fifty percent, and a nominal confidence interval for the median. -18.0% -9.0% 0% +9.0% +18.0% Cross on Dec 18, 2020 Cross on Jun 18, 2021 Cross on Sep 17, 2021 Cross on Oct 14, 2021 Cross on Oct 27, 2021 Cross on Nov 1, 2021 Cross on Nov 10, 2021 Cross on Jul 18, 2023 Cross on Nov 8, 2023 Cross on Nov 15, 2023 Cross on Nov 30, 2023 Cross on Dec 15, 2023 Cross on Dec 19, 2023 Cross on Jan 23, 2024 Cross on Feb 5, 2024 Cross on Oct 11, 2024 Cross on Nov 25, 2024 Cross on Dec 9, 2024 Cross on Jun 20, 2025 Cross on Jul 1, 2025 Cross on Jul 7, 2025 Cross on Aug 29, 2025 Cross on Nov 11, 2025 Cross on May 11, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
DDOG historical gamma-max cross outcomes after closing below
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 24 -0.6% -1.5% to +0.8% 38% -1.4% to +0.5% 0.0%
Day +2 24 +0.1% -2.9% to +2.3% 54% -2.3% to +1.7% 0.0%
Day +3 24 +0.3% -2.8% to +2.4% 58% -2.5% to +2.1% 0.0%
Day +4 24 +1.6% -2.0% to +3.1% 54% -1.3% to +2.9% 0.0%
Day +5 24 +1.1% -1.3% to +3.5% 58% -1.0% to +2.9% 0.0%
Day +6 24 +0.9% -2.7% to +5.5% 63% -2.4% to +3.9% 0.0%
Day +7 24 +1.9% -3.9% to +3.9% 58% -1.6% to +3.8% 0.0%
Day +8 24 +0.7% -4.7% to +6.1% 58% -3.5% to +4.9% 0.0%
Day +9 24 +0.9% -4.6% to +6.3% 54% -1.2% to +2.9% 0.0%
Day +10 24 +1.0% -4.5% to +5.6% 58% -2.7% to +5.0% 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

DDOG trailing historical statistics
Sessions closed above gamma max 3%
Gamma max crosses 6
Delta neutral crosses 14
Prior-year sessions closer to gamma max 19.8% of 252
Prior-year sessions closer to delta neutral 82.1% of 252
Open interest percentile (1y) 4th
Daily open interest change versus prior year -0.64σ (-13,699 contracts; 252 prior changes)
Open interest change, 5 sessions +2.8%
Open interest change, 21 sessions -18.7%
History available Dec 1, 2020 → Oct 2, 2026

Recent crosses

  1. closed above delta neutral at 233.93 vs 219.04 (+6.4%)
  2. closed below delta neutral at 229.29 vs 229.76 (-0.2%)
  3. closed below gamma max at 269.16 vs 299.76 (-11.4%)
  4. closed above gamma max at 247.35 vs 244.67 (+1.1%)
  5. closed below gamma max at 201.96 vs 206.47 (-2.2%)
  6. closed above gamma max at 188.49 vs 171.08 (+9.2%)
  7. closed above delta neutral at 121.06 vs 117.80 (+2.7%)
  8. closed below delta neutral at 114.48 vs 122.14 (-6.7%)
  9. closed above delta neutral at 124.30 vs 123.79 (+0.4%)
  10. closed below delta neutral at 122.57 vs 123.35 (-0.6%)

In today's screens

Neighbours by open interest

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Canonical source: https://halfonadouble.com/stock/DDOG

Questions people ask about DDOG

Where is DDOG's gamma max today?

As of Oct 2, 2026, the gamma max for DDOG is 294.51, +6.2% from the 277.22 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 DDOG above or below its delta neutral price?

DDOG closed above delta neutral: 277.22 against a delta neutral price of 234.04. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does DDOG have?

216,546 contracts of open interest across 983 listed contracts on Oct 2, 2026, -5.9% 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.