FXY max pain, gamma exposure (GEX) & options open interest
As of close · rank #629 by open interest · 1,394 sessions of history since Dec 1, 2020
FXY's nearest-expiration max pain is 58.00 for 2026-10-16, its GEX flip is 53.00, net GEX is 28,295,713, its put/call open-interest ratio is 0.30. These are whole-chain derived aggregates as of Oct 2, 2026 close.
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.
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.
Strongest relative signals: front IV premium 6.8 pp · 25Δ risk reversal -26.2 pp
FXY closed 2.5% below its gamma max of 59.51. It is 5.2% above the delta neutral price of 55.07. Total open interest is 102,082, -0.6% versus the previous session. Its options catalyst-intensity score is 41.2 out of 100, led by front IV premium 6.8 pp, 25Δ risk reversal -26.2 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 | -611 contracts · -0.8% |
| Put OI change, 1 session | -14 contracts · -0.1% |
| Call minus put OI growth, 1 session | -0.7 pp |
| Call OI change, 5 sessions | -992 contracts · -1.3% |
| Put OI change, 5 sessions | +84 contracts · +0.4% |
| Call minus put OI growth, 5 sessions | -1.6 pp |
| Daily call OI change surprise | -0.19σ (252 prior changes) |
| Daily put OI change surprise | -0.11σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.10σ (252 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
Derived from the 2026-10-02 options chain. Select an analysis to explore its chart.
No matching visualizations.
Gamma walls
Chart loads when this section is in view.
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 25 completed Day +10 paths · latest May 11, 2026
| Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
|---|---|---|---|---|---|---|
| Day +1 | 25 | -0.0% | -0.4% to +0.2% | 48% | -0.3% to +0.2% | 0.0% |
| Day +2 | 25 | -0.4% | -0.5% to +0.3% | 40% | -0.5% to +0.3% | 0.0% |
| Day +3 | 25 | -0.3% | -0.9% to +0.4% | 36% | -0.8% to +0.3% | 0.0% |
| Day +4 | 25 | -0.3% | -0.9% to 0.0% | 24% | -0.9% to -0.0% | -0.0% |
| Day +5 | 25 | -0.4% | -1.0% to +0.3% | 32% | -0.9% to +0.1% | 0.0% |
| Day +6 | 25 | -0.7% | -1.2% to +0.2% | 36% | -1.1% to +0.0% | 0.0% |
| Day +7 | 25 | -0.5% | -1.2% to +0.3% | 32% | -1.2% to +0.0% | 0.0% |
| Day +8 | 25 | -0.9% | -1.6% to -0.0% | 24% | -1.4% to -0.1% | -0.1% |
| Day +9 | 25 | -0.6% | -1.8% to +0.2% | 28% | -1.5% to -0.1% | -0.1% |
| Day +10 | 25 | -0.7% | -2.0% to +0.3% | 40% | -1.7% to +0.2% | 0.0% |
Crosses above gamma max 25 completed Day +10 paths · latest May 8, 2026
| Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
|---|---|---|---|---|---|---|
| Day +1 | 25 | -0.1% | -0.3% to +0.2% | 40% | -0.3% to +0.2% | 0.0% |
| Day +2 | 25 | -0.3% | -0.5% to +0.0% | 28% | -0.5% to -0.1% | -0.1% |
| Day +3 | 25 | -0.4% | -0.8% to -0.0% | 24% | -0.8% to -0.2% | -0.2% |
| Day +4 | 25 | -0.2% | -1.0% to +0.2% | 40% | -0.8% to +0.2% | 0.0% |
| Day +5 | 25 | -0.4% | -1.1% to +0.1% | 36% | -0.9% to +0.1% | 0.0% |
| Day +6 | 25 | -0.5% | -1.3% to -0.1% | 24% | -1.1% to -0.1% | -0.1% |
| Day +7 | 25 | -0.6% | -1.5% to -0.1% | 24% | -1.5% to -0.1% | -0.1% |
| Day +8 | 25 | -0.8% | -1.4% to -0.1% | 24% | -1.3% to -0.1% | -0.1% |
| Day +9 | 25 | -0.8% | -1.7% to +0.2% | 32% | -1.4% to +0.1% | 0.0% |
| Day +10 | 25 | -1.1% | -1.7% to +0.1% | 28% | -1.5% to -0.1% | -0.1% |
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
| Sessions closed above gamma max | 4% |
| Gamma max crosses | 10 |
| Delta neutral crosses | 2 |
| Prior-year sessions closer to gamma max | 49.2% of 252 |
| Prior-year sessions closer to delta neutral | 37.7% of 252 |
| Open interest percentile (1y) | 67th |
| Daily open interest change versus prior year | -0.19σ (-625 contracts; 252 prior changes) |
| Open interest change, 5 sessions | -0.9% |
| Open interest change, 21 sessions | -19.4% |
| History available | Dec 1, 2020 → Oct 2, 2026 |
Recent crosses
- closed below gamma max at 58.40 vs 58.87 (-0.8%)
- closed above gamma max at 58.60 vs 58.53 (+0.1%)
- closed below gamma max at 58.19 vs 58.86 (-1.2%)
- closed above gamma max at 58.63 vs 58.11 (+0.9%)
- closed below gamma max at 58.76 vs 59.14 (-0.6%)
- closed above gamma max at 59.28 vs 58.75 (+0.9%)
- closed below gamma max at 59.98 vs 60.83 (-1.4%)
- closed above gamma max at 60.19 vs 60.11 (+0.1%)
- closed below gamma max at 59.95 vs 60.31 (-0.6%)
- closed above gamma max at 60.36 vs 60.19 (+0.3%)
In today's screens
Neighbours by open interest
Cite or embed this snapshot
Share the dated 1600×840 image or cite this canonical page. The card contains public derived aggregates, not contract-level quotes.
Canonical source: https://halfonadouble.com/stock/FXY
Questions people ask about FXY
Where is FXY's gamma max today?
As of Oct 2, 2026, the gamma max for FXY is 59.51, +2.5% from the 58.07 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 FXY above or below its delta neutral price?
FXY closed above delta neutral: 58.07 against a delta neutral price of 55.07. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does FXY have?
102,082 contracts of open interest across 198 listed contracts on Oct 2, 2026, -0.6% 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.