ENPH gamma max, delta neutral & open interest levels
As of close · rank #258 by open interest · 1,379 sessions of history since Dec 1, 2020
ENPH closed 32.2% below its gamma max of 48.05. It is 3.5% below the delta neutral price of 37.64. Total open interest is 413,189, -2.5% versus the previous session. What gamma max means · What delta neutral means
One-year history
Last 252 sessions
| Sessions closed above gamma max | 5% |
| Gamma max crosses | 16 |
| Delta neutral crosses | 29 |
| Open interest percentile (1y) | 52th |
| Open interest change, 5 sessions | +0.8% |
| Open interest change, 21 sessions | -0.2% |
| History available | Dec 1, 2020 → Sep 11, 2026 |
Recent crosses
- closed below delta neutral at 36.72 vs 37.34 (-1.7%)
- closed above delta neutral at 38.83 vs 37.69 (+2.9%)
- closed below delta neutral at 37.25 vs 37.88 (-1.7%)
- closed above delta neutral at 39.25 vs 38.55 (+1.8%)
- closed below delta neutral at 37.18 vs 38.77 (-4.3%)
- closed above delta neutral at 38.61 vs 38.56 (+0.1%)
- closed below delta neutral at 38.65 vs 40.22 (-4.1%)
- closed above delta neutral at 39.35 vs 39.03 (+0.8%)
- closed below delta neutral at 39.58 vs 39.59 (-0.0%)
- closed above delta neutral at 41.57 vs 39.63 (+4.7%)
In today's screens
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Neighbours by open interest
Questions people ask about ENPH
Where is ENPH's gamma max today?
As of Sep 11, 2026, the gamma max for ENPH is 48.05, +32.2% from the 36.35 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 ENPH above or below its delta neutral price?
ENPH closed below delta neutral: 36.35 against a delta neutral price of 37.64. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does ENPH have?
413,189 contracts of open interest across 567 listed contracts on Sep 11, 2026, -2.5% 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.