Data through close

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

As of close · rank #3801 by open interest · snapshot page

ETHB's nearest-expiration max pain is 34.00 for 2026-10-16, its GEX flip is 33.28, net GEX is 10,218, its put/call open-interest ratio is 1.60. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
34.32
prev 34.76
Gamma max
37.87
+10.3% from close
Delta neutral
33.89
-1.3% from close
Gamma neutral
33.28
-3.0% from close
Open interest
797
+0.1% vs prev
Contracts listed
62
45 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
34.00
-0.9% from close
2026-10-16
GEX flip
33.28
-3.0% from close
Net GEX
10,218
1,281,997 per 100k OI
Call wall
40.00
+16.6% from close
Put wall
30.00
-12.6% from close
Put/call OI
1.60
490 puts / 307 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
16.8
within trailing 52-week range
Front / back ATM IV
+47.9% / +47.7%
0.2 pp front premium
Expected move
+9.4%
14 DTE · one standard deviation
ATM straddle / spot
–
front-window midpoint premium
25Δ risk reversal
59.5 pp
put IV minus call IV
IV butterfly
– pp
front-window smile convexity
Volume / open interest
0.00
1 contracts traded
Normalized net delta
0.066
option-holder convention
Modeled dealer delta
-0.065
opposite-side scenario
Vanna / 100k OI
3,388
volatility-sensitive delta
Charm / 100k OI
348,432
time-decay-sensitive delta
IV surface range
96.0 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

ETHB closed 10.3% below its gamma max of 37.87. It is 1.3% above the delta neutral price of 33.89. Total open interest is 797, +0.1% versus the previous session. What gamma max means · What delta neutral means

History

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Analysis visualizations

Derived from the 2026-10-02 options chain. Select an analysis to explore its chart.

Gamma walls

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Neighbours by open interest

Questions people ask about ETHB

Where is ETHB's gamma max today?

As of Oct 2, 2026, the gamma max for ETHB is 37.87, +10.3% from the 34.32 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 ETHB above or below its delta neutral price?

ETHB closed above delta neutral: 34.32 against a delta neutral price of 33.89. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does ETHB have?

797 contracts of open interest across 62 listed contracts on Oct 2, 2026, +0.1% 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.