Data through close

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

As of close · rank #2540 by open interest · snapshot page

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ELVA's nearest-expiration max pain is 7.50 for 2026-10-16, its GEX flip is 8.29, net GEX is -1,710, its put/call open-interest ratio is 0.42. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
6.63
prev 6.43
Gamma max
11.47
+73.0% from close
Delta neutral
6.50
-1.9% from close
Gamma neutral
8.29
+25.0% from close
Open interest
5,301
-0.3% vs prev
Contracts listed
27
25 calls · 12 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
7.50
+13.1% from close
2026-10-16
GEX flip
8.29
+25.0% from close
Net GEX
-1,710
-32,252 per 100k OI
Call wall
7.50
+13.1% from close
Put wall
7.50
+13.1% from close
Put/call OI
0.42
1,580 puts / 3,721 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
24.2
within trailing 52-week range
Front / back ATM IV
– / –
– pp front premium
Expected move
–
– DTE · one standard deviation
ATM straddle / spot
–
front-window midpoint premium
25Δ risk reversal
-34.7 pp
put IV minus call IV
IV butterfly
– pp
front-window smile convexity
Volume / open interest
0.01
50 contracts traded
Normalized net delta
0.082
option-holder convention
Modeled dealer delta
-0.081
opposite-side scenario
Vanna / 100k OI
1,868
volatility-sensitive delta
Charm / 100k OI
-2,011,658
time-decay-sensitive delta
IV surface range
28.3 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

ELVA closed 73.0% below its gamma max of 11.47. It is 1.9% above the delta neutral price of 6.50. Total open interest is 5,301, -0.3% 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

← CHAT (#2539) EPR (#2541) →

Questions people ask about ELVA

Where is ELVA's gamma max today?

As of Oct 2, 2026, the gamma max for ELVA is 11.47, +73.0% from the 6.63 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 ELVA above or below its delta neutral price?

ELVA closed above delta neutral: 6.63 against a delta neutral price of 6.50. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does ELVA have?

5,301 contracts of open interest across 27 listed contracts on Oct 2, 2026, -0.3% 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.