FRVO max pain, gamma exposure (GEX) & options open interest
As of close · updated after each US trading day's close · rank #416 by open interest · 105 sessions of history since Jun 17, 2026
FRVO max pain · nearest expiration
10.00 for
13.1% below the 11.51 close
All-expiration max pain 10.00
Net GEX 4.14M (positive 11 sessions) GEX flip 7.64 (33.6% below) Put/call OI 0.38
Over the last 60 sessions to Nov 13, 2026, FRVO closed between 7.79 and 19.75; nearest-expiration max pain ranged from 10.00 to 22.50. Latest max pain 10.00 for the Fri, Nov 20, 2026 expiration. 0 of 3 expirations in view closed nearer the prior-session max pain than the prior close.
- Close
- Max pain (nearest expiration)
- All-expiration max pain
- Expiry close nearer max pain
- nearer prior close
Markers sit on expiration sessions and compare that close with the prior session's max pain and close. Bars show net GEX, calls positive and puts negative. Descriptive history, not a forecast.
FRVO's nearest-expiration max pain is 10.00 for the Fri, Nov 20, 2026 expiration, 13.1% below the 11.51 close; all-expiration max pain is 10.00; the GEX flip is 7.64; net GEX is 4.14M (modeled dollar-delta change per $1 move); the put/call open-interest ratio is 0.38. These are whole-chain derived aggregates as of Nov 13, 2026 close.
FRVO max pain and GEX snapshot
End-of-day snapshot for . Nearest-expiration max pain uses the expiry shown on its card; GEX uses the whole chain. Missing values are unavailable, not zero.
Prices are in US dollars per share. Net GEX is modeled dollar-delta change per $1 underlying move. Max pain minimizes aggregate intrinsic payout for that expiration; it is not a closing-price forecast. Signed GEX uses calls positive and puts negative, a model convention rather than observed dealer inventory. The flip is a confirmed zero crossing; walls locate side-specific concentrations, not guaranteed support or resistance.
Learn how to read the max pain payout example, GEX chart, gamma flip and walls, and open interest versus trading volume.
Advanced options analysis
Public aggregate 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.
Strongest relative signals: front IV premium 22.2 pp · 25Δ risk reversal 16.6 pp
FRVO closed 12.1% above its gamma max of 10.12. It is 19.0% above the delta neutral price of 9.33. Total open interest is 213,925, +0.1% versus the previous session. Its options catalyst-intensity score is 40.8 out of 100, led by front IV premium 22.2 pp, 25Δ risk reversal 16.6 pp. 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.
| Measure | Value |
|---|---|
| Call OI change, 1 session | +153 contracts · +0.1% |
| Put OI change, 1 session | +129 contracts · +0.2% |
| Call minus put OI growth, 1 session | -0.1 pp |
| Call OI change, 5 sessions | +11,180 contracts · +7.7% |
| Put OI change, 5 sessions | +9,026 contracts · +18.3% |
| Call minus put OI growth, 5 sessions | -10.5 pp |
| Daily call OI change surprise | — (103 prior changes) |
| Daily put OI change surprise | — (103 prior changes) |
| Daily call-minus-put growth surprise | — (103 prior changes) |
History
Hover for valuesDrag to panScroll to zoomClick a series to hide it ← → step a session+ − zoomTouch: swipe to pan, pinch to zoom, hold for the crosshair
Analysis visualizations
Daily ticker aggregates through 2026-11-13. This analysis view omits individual contract fields.
To see all-expiration max pain over time, open the History chart and select “All-expiration max pain” under More series.
No matching visualizations.
Aggregate IV history
Chart loads when this section is in view.
Swipe chart sideways to see the full range.
Last 105 sessions
| Sessions closed above gamma max | 7% |
| Gamma max crosses | 7 |
| Delta neutral crosses | 20 |
| Prior-year sessions closer to gamma max | 5.8% of 104 |
| Prior-year sessions closer to delta neutral | 82.7% of 104 |
| Open interest percentile (1y) | 100th |
| Daily open interest change versus prior year | – (282 contracts; 103 prior changes) |
| Open interest change, 5 sessions | +10.4% |
| Open interest change, 21 sessions | +34.2% |
| History available | Jun 17, 2026 → Nov 13, 2026 |
Recent crosses
- closed above gamma max at 11.65 vs 10.21 (+12.4%)
- closed below gamma max at 12.94 vs 18.60 (-43.7%)
- closed above gamma max at 11.38 vs 10.30 (+9.5%)
- closed above delta neutral at 9.32 vs 9.14 (+1.9%)
- closed below delta neutral at 8.25 vs 8.53 (-3.4%)
- closed above delta neutral at 8.27 vs 8.06 (+2.6%)
- closed below delta neutral at 8.33 vs 8.97 (-7.7%)
- closed below gamma max at 8.33 vs 16.61 (-99.4%)
- closed above delta neutral at 8.68 vs 8.03 (+7.5%)
- closed above gamma max at 8.68 vs 2.85 (+67.2%)
In today's screens
Neighbours by open interest
Cite or embed this snapshot
Cite this canonical page, embed the live levels widget or share the dated 1600×840 image. All of them carry public derived aggregates, not contract-level quotes. Credited citations and unmodified embeds need no permission; see the terms.
Canonical source: https://halfonadouble.com/stock/FRVO
Questions people ask about FRVO
What is FRVO's max pain for the nearest expiration?
As of Nov 13, 2026 close, nearest-expiration max pain is 10.00 for the Fri, Nov 20, 2026 expiration. It is a payout-minimizing strike for one expiration. An all-expiration pooled value is a different comparison, and neither establishes where the underlying will close. Max pain definition and worked payout example.
Our 2025 max-pain study compares historical Thursday levels with Friday underlying closes and an unchanged-price baseline. Its scope and results are separate from this current ticker snapshot.
What do FRVO's gamma exposure and gamma flip show?
Signed net GEX is 4,143,502 as of Nov 13, 2026 close. The confirmed GEX flip is 7.64. Net GEX has been positive for the last 11 sessions and negative on 29 of the past 105. These aggregate model outputs use calls positive and puts negative. Their sign does not identify dealers' actual positions or predict the next move. How to interpret GEX, gamma flip and walls.
Where is FRVO's gamma max today?
As of Nov 13, 2026, the gamma max for FRVO is 10.12, -12.1% from the 11.51 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 FRVO above or below its delta neutral price?
FRVO closed above delta neutral: 11.51 against a delta neutral price of 9.33. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does FRVO have?
213,925 contracts of open interest across 218 listed contracts on Nov 13, 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.