Data through close

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

As of close · rank #594 by open interest · 265 sessions of history since Sep 16, 2025

FIGR's nearest-expiration max pain is 30.00 for 2026-10-09, its GEX flip is 28.38, net GEX is 243,836, its put/call open-interest ratio is 0.66. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
28.53
prev 28.54
Gamma max
33.33
+16.8% from close
Delta neutral
28.63
+0.4% from close
Gamma neutral
28.38
-0.5% from close
Open interest
113,716
-17.3% vs prev
Contracts listed
426
243 calls · 213 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
30.00
+5.2% from close
2026-10-09
GEX flip
28.38
-0.5% from close
Net GEX
243,836
214,425 per 100k OI
Call wall
30.00
+5.2% from close
Put wall
25.00
-12.4% from close
Put/call OI
0.66
45,177 puts / 68,539 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
39.8
cross-sectional score / 100
Directional score
-4.3
mixed positioning
IV rank
59.7
within trailing 52-week range
Front / back ATM IV
+76.8% / +85.8%
-9.0 pp front premium
Expected move
+10.6%
7 DTE · one standard deviation
ATM straddle / spot
+8.1%
front-window midpoint premium
25Δ risk reversal
0.0 pp
put IV minus call IV
IV butterfly
0.8 pp
front-window smile convexity
Volume / open interest
0.03
4,715 contracts traded
Normalized net delta
-0.057
option-holder convention
Modeled dealer delta
0.057
opposite-side scenario
Vanna / 100k OI
1,935
volatility-sensitive delta
Charm / 100k OI
156,162
time-decay-sensitive delta
IV surface range
117.7 pp
published contour maximum minus minimum

Strongest relative signals: 7d expected move +10.6%

Download the complete dated analysis JSON .

FIGR closed 16.8% below its gamma max of 33.33. It is 0.4% below the delta neutral price of 28.63. Total open interest is 113,716, -17.3% versus the previous session. Its options catalyst-intensity score is 39.8 out of 100, led by 7d expected move +10.6%. What gamma max means · What delta neutral means

Call versus put open interest changes

Growth compares outstanding contracts on each side. A positive growth gap favors calls; a negative gap favors puts. Standardized surprises compare each measure with its own prior history. These describe the OI balance, not IV skew or buying direction.

FIGR call and put open interest changes
Measure Value
Call OI change, 1 session -10,950 contracts · -13.8%
Put OI change, 1 session -12,912 contracts · -22.2%
Call minus put OI growth, 1 session +8.5 pp
Call OI change, 5 sessions +269 contracts · +0.4%
Put OI change, 5 sessions +7,391 contracts · +19.6%
Call minus put OI growth, 5 sessions -19.2 pp
Daily call OI change surprise -1.05σ (252 prior changes)
Daily put OI change surprise -2.25σ (252 prior changes)
Daily call-minus-put growth surprise +0.81σ (252 prior changes)

History

2025-10 2026-10
close delta neutral gamma max
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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What followed prior gamma-max crosses?

Each historical path starts at 0% on the cross date and follows the close for ten subsequent trading sessions. Cohorts use the same direction as labelled and require gamma max to be within 10% of the close on both crossing sessions.

Crosses below gamma max 8 completed Day +10 paths · latest Sep 9, 2026
FIGR returns after crossing below gamma max Historical close-to-close return paths from Day 0 through Day 10, with the median, middle fifty percent, and a nominal confidence interval for the median. -24.0% -12.0% 0% +12.0% +24.0% Cross on Jan 9, 2026 Cross on Jan 16, 2026 Cross on Mar 11, 2026 Cross on Jul 2, 2026 Cross on Aug 18, 2026 Cross on Aug 20, 2026 Cross on Aug 26, 2026 Cross on Sep 9, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
FIGR historical gamma-max cross outcomes after closing below
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 8 -0.7% -4.3% to +2.8% 50% -5.1% to +3.7% 0.0%
Day +2 8 -5.1% -8.0% to -1.7% 25% -8.4% to +1.5% 0.0%
Day +3 8 -5.2% -7.6% to +1.7% 25% -9.6% to +10.1% 0.0%
Day +4 8 -6.2% -10.4% to +4.3% 38% -12.7% to +8.8% 0.0%
Day +5 8 -8.4% -11.8% to +8.0% 38% -12.7% to +15.8% 0.0%
Day +6 8 -7.0% -12.5% to +1.1% 25% -13.1% to +4.4% 0.0%
Day +7 8 -5.0% -8.6% to +3.1% 38% -10.0% to +7.0% 0.0%
Day +8 8 -7.0% -9.8% to +1.9% 38% -12.8% to +3.2% 0.0%
Day +9 8 -5.3% -9.9% to +2.9% 38% -12.7% to +3.3% 0.0%
Day +10 8 -7.1% -15.4% to -0.9% 25% -18.0% to +0.4% 0.0%
Crosses above gamma max 6 completed Day +10 paths · latest Sep 8, 2026
FIGR returns after crossing above gamma max Historical close-to-close return paths from Day 0 through Day 10, with the median, middle fifty percent, and a nominal confidence interval for the median. -38.0% -19.0% 0% +19.0% +38.0% Cross on Jan 5, 2026 Cross on May 14, 2026 Cross on Aug 6, 2026 Cross on Aug 19, 2026 Cross on Aug 25, 2026 Cross on Sep 8, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
FIGR historical gamma-max cross outcomes after closing above
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 6 -0.2% -1.7% to +0.3% 50% -9.9% to +5.2% 0.0%
Day +2 6 -1.8% -6.8% to +2.3% 50% -10.7% to +6.1% 0.0%
Day +3 6 -5.8% -11.5% to +3.0% 33% -16.0% to +9.7% 0.0%
Day +4 6 +0.2% -9.8% to +8.7% 50% -15.6% to +11.6% 0.0%
Day +5 6 -7.4% -16.8% to +0.0% 33% -20.3% to +11.5% 0.0%
Day +6 6 -4.9% -17.7% to +5.1% 50% -21.3% to +9.9% 0.0%
Day +7 6 -7.0% -12.0% to +3.1% 33% -18.3% to +25.0% 0.0%
Day +8 6 -3.8% -11.3% to +16.4% 33% -20.9% to +24.2% 0.0%
Day +9 6 -7.4% -8.4% to +19.9% 33% -19.5% to +38.9% 0.0%
Day +10 6 -5.2% -9.3% to +18.8% 33% -18.0% to +34.9% 0.0%

Returns are close-to-close after the labelled number of subsequent trading sessions. The confidence floor is the closest-to-zero bound of the order-statistic median interval; it is zero when that interval spans zero. Its coverage is nominally at least 90% under independent observations. Historical paths can overlap, so the interval and floor are descriptive uncertainty guides rather than formal coverage guarantees. Historical, not a forecast.

Last 252 sessions

FIGR trailing historical statistics
Sessions closed above gamma max 6%
Gamma max crosses 22
Delta neutral crosses 27
Prior-year sessions closer to gamma max 53.6% of 252
Prior-year sessions closer to delta neutral 1.2% of 252
Open interest percentile (1y) 71th
Daily open interest change versus prior year -1.57σ (-23,862 contracts; 252 prior changes)
Open interest change, 5 sessions +7.2%
Open interest change, 21 sessions -3.8%
History available Sep 16, 2025 → Oct 2, 2026

Recent crosses

  1. closed below delta neutral at 29.33 vs 30.89 (-5.3%)
  2. closed above delta neutral at 31.90 vs 30.81 (+3.4%)
  3. closed below delta neutral at 32.66 vs 32.79 (-0.4%)
  4. closed above delta neutral at 33.71 vs 33.54 (+0.5%)
  5. closed below delta neutral at 33.29 vs 33.79 (-1.5%)
  6. closed below gamma max at 38.12 vs 39.32 (-3.1%)
  7. closed above gamma max at 38.26 vs 37.73 (+1.4%)
  8. closed above delta neutral at 36.21 vs 32.48 (+10.3%)
  9. closed below delta neutral at 33.19 vs 33.61 (-1.3%)
  10. closed below gamma max at 37.08 vs 40.57 (-9.4%)

In today's screens

Neighbours by open interest

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Questions people ask about FIGR

Where is FIGR's gamma max today?

As of Oct 2, 2026, the gamma max for FIGR is 33.33, +16.8% from the 28.53 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 FIGR above or below its delta neutral price?

FIGR closed below delta neutral: 28.53 against a delta neutral price of 28.63. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does FIGR have?

113,716 contracts of open interest across 426 listed contracts on Oct 2, 2026, -17.3% 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.