Data through close

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

As of close · rank #1037 by open interest · snapshot page

ETH's nearest-expiration max pain is 24.00 for 2026-10-09, its GEX flip is 17.93, net GEX is 2,607,513, its put/call open-interest ratio is 0.29. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
25.46
prev 25.78
Gamma max
26.48
+4.0% from close
Delta neutral
20.82
-18.2% from close
Gamma neutral
17.93
-29.6% from close
Open interest
45,742
-3.7% vs prev
Contracts listed
320
236 calls · 142 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
24.00
-5.7% from close
2026-10-09
GEX flip
17.93
-29.6% from close
Net GEX
2,607,513
5,700,478 per 100k OI
Call wall
25.00
-1.8% from close
Put wall
23.00
-9.7% from close
Put/call OI
0.29
10,321 puts / 35,421 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
100.0
within trailing 52-week range
Front / back ATM IV
+45.8% / +49.9%
-4.1 pp front premium
Expected move
+6.3%
7 DTE · one standard deviation
ATM straddle / spot
+5.1%
front-window midpoint premium
25Δ risk reversal
-11.2 pp
put IV minus call IV
IV butterfly
-4.9 pp
front-window smile convexity
Volume / open interest
0.03
1,440 contracts traded
Normalized net delta
0.307
option-holder convention
Modeled dealer delta
-0.306
opposite-side scenario
Vanna / 100k OI
1,933
volatility-sensitive delta
Charm / 100k OI
-189,053
time-decay-sensitive delta
IV surface range
104.8 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

ETH closed 4.0% below its gamma max of 26.48. It is 18.2% above the delta neutral price of 20.82. Total open interest is 45,742, -3.7% 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

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Neighbours by open interest

Questions people ask about ETH

Where is ETH's gamma max today?

As of Oct 2, 2026, the gamma max for ETH is 26.48, +4.0% from the 25.46 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 ETH above or below its delta neutral price?

ETH closed above delta neutral: 25.46 against a delta neutral price of 20.82. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does ETH have?

45,742 contracts of open interest across 320 listed contracts on Oct 2, 2026, -3.7% 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.