Data through close

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

As of close · rank #1794 by open interest · snapshot page

Chart Download CSV JSON snapshot Advanced analysis

ESAB's nearest-expiration max pain is 70.00 for 2026-10-16, its GEX flip is 103.45, net GEX is -505,338, its put/call open-interest ratio is 2.44. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
69.90
prev 67.11
Gamma max
117.23
+67.7% from close
Delta neutral
68.98
-1.3% from close
Gamma neutral
103.45
+48.0% from close
Open interest
14,633
0.0% vs prev
Contracts listed
90
67 calls · 28 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
70.00
+0.1% from close
2026-10-16
GEX flip
103.45
+48.0% from close
Net GEX
-505,338
-3,453,417 per 100k OI
Call wall
65.00
-7.0% from close
Put wall
65.00
-7.0% from close
Put/call OI
2.44
10,382 puts / 4,251 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
74.4
within trailing 52-week range
Front / back ATM IV
+59.6% / +52.0%
7.6 pp front premium
Expected move
+11.7%
14 DTE · one standard deviation
ATM straddle / spot
+9.0%
front-window midpoint premium
25Δ risk reversal
71.6 pp
put IV minus call IV
IV butterfly
– pp
front-window smile convexity
Volume / open interest
0.00
0 contracts traded
Normalized net delta
0.022
option-holder convention
Modeled dealer delta
-0.022
opposite-side scenario
Vanna / 100k OI
1,715
volatility-sensitive delta
Charm / 100k OI
-197,102
time-decay-sensitive delta
IV surface range
73.7 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

ESAB closed 67.7% below its gamma max of 117.23. It is 1.3% above the delta neutral price of 68.98. Total open interest is 14,633, 0.0% 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

Chart loads when this section is in view.

In today's screens

Neighbours by open interest

← AVPT (#1793) TSLT (#1795) →

Questions people ask about ESAB

Where is ESAB's gamma max today?

As of Oct 2, 2026, the gamma max for ESAB is 117.23, +67.7% from the 69.90 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 ESAB above or below its delta neutral price?

ESAB closed above delta neutral: 69.90 against a delta neutral price of 68.98. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does ESAB have?

14,633 contracts of open interest across 90 listed contracts on Oct 2, 2026, 0.0% 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.