Data through close

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

As of close · rank #3218 by open interest · snapshot page

ETHD's nearest-expiration max pain is 25.00 for 2026-10-16, its GEX flip is 18.61, net GEX is 71,382, its put/call open-interest ratio is 0.20. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
24.81
prev 24.15
Gamma max
26.12
+5.3% from close
Delta neutral
20.83
-16.1% from close
Gamma neutral
18.61
-25.0% from close
Open interest
1,968
+0.2% vs prev
Contracts listed
95
62 calls · 60 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
25.00
+0.8% from close
2026-10-16
GEX flip
18.61
-25.0% from close
Net GEX
71,382
3,627,114 per 100k OI
Call wall
44.00
+77.3% from close
Put wall
25.00
+0.8% from close
Put/call OI
0.20
331 puts / 1,637 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
40.2
within trailing 52-week range
Front / back ATM IV
+80.3% / +112.8%
-32.5 pp front premium
Expected move
+15.7%
14 DTE · one standard deviation
ATM straddle / spot
+12.9%
front-window midpoint premium
25Δ risk reversal
– pp
put IV minus call IV
IV butterfly
– pp
front-window smile convexity
Volume / open interest
0.02
49 contracts traded
Normalized net delta
0.078
option-holder convention
Modeled dealer delta
-0.078
opposite-side scenario
Vanna / 100k OI
2,795
volatility-sensitive delta
Charm / 100k OI
-2,798,222
time-decay-sensitive delta
IV surface range
99.0 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

ETHD closed 5.3% below its gamma max of 26.12. It is 16.1% above the delta neutral price of 20.83. Total open interest is 1,968, +0.2% 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 ETHD

Where is ETHD's gamma max today?

As of Oct 2, 2026, the gamma max for ETHD is 26.12, +5.3% from the 24.81 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 ETHD above or below its delta neutral price?

ETHD closed above delta neutral: 24.81 against a delta neutral price of 20.83. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does ETHD have?

1,968 contracts of open interest across 95 listed contracts on Oct 2, 2026, +0.2% 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.