Data through close

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

As of close · rank #253 by open interest · 1,394 sessions of history since Dec 1, 2020

GFL's nearest-expiration max pain is 40.00 for 2026-10-16, its GEX flip is 23.88, net GEX is 50,411,895, its put/call open-interest ratio is 0.10. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
41.98
prev 40.43
Gamma max
44.93
+7.0% from close
Delta neutral
32.11
-23.5% from close
Gamma neutral
23.88
-43.1% from close
Open interest
386,262
+13.5% vs prev
Contracts listed
111
63 calls · 61 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
40.00
-4.7% from close
2026-10-16
GEX flip
23.88
-43.1% from close
Net GEX
50,411,895
13,051,218 per 100k OI
Call wall
45.00
+7.2% from close
Put wall
40.00
-4.7% from close
Put/call OI
0.10
36,446 puts / 349,816 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
80.7
cross-sectional score / 100
Directional score
39.8
relatively bullish positioning
IV rank
27.1
within trailing 52-week range
Front / back ATM IV
+81.0% / +73.6%
7.4 pp front premium
Expected move
+15.9%
14 DTE · one standard deviation
ATM straddle / spot
+12.1%
front-window midpoint premium
25Δ risk reversal
-23.8 pp
put IV minus call IV
IV butterfly
15.0 pp
front-window smile convexity
Volume / open interest
0.25
97,368 contracts traded
Normalized net delta
0.291
option-holder convention
Modeled dealer delta
-0.291
opposite-side scenario
Vanna / 100k OI
3,498
volatility-sensitive delta
Charm / 100k OI
-1,815,840
time-decay-sensitive delta
IV surface range
66.7 pp
published contour maximum minus minimum

Strongest relative signals: OI change 5.89σ · 14d expected move +15.9% · volume/OI 0.25

Download the complete dated analysis JSON .

GFL closed 7.0% below its gamma max of 44.93. It is 23.5% above the delta neutral price of 32.11. Total open interest is 386,262, +13.5% versus the previous session. Its options catalyst-intensity score is 80.7 out of 100, led by OI change 5.89σ, 14d expected move +15.9%, volume/OI 0.25. 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.

GFL call and put open interest changes
Measure Value
Call OI change, 1 session +42,397 contracts · +13.8%
Put OI change, 1 session +3,605 contracts · +11.0%
Call minus put OI growth, 1 session +2.8 pp
Call OI change, 5 sessions +131,134 contracts · +60.0%
Put OI change, 5 sessions +15,345 contracts · +72.7%
Call minus put OI growth, 5 sessions -12.8 pp
Daily call OI change surprise +6.43σ (252 prior changes)
Daily put OI change surprise +1.51σ (252 prior changes)
Daily call-minus-put growth surprise — (129 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 32 completed Day +10 paths · latest Aug 31, 2026
GFL 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. -6.0% -3.0% 0% +3.0% +6.0% Cross on Mar 19, 2021 Cross on Apr 12, 2021 Cross on Jan 11, 2023 Cross on Jan 18, 2023 Cross on Jan 30, 2023 Cross on Feb 7, 2023 Cross on Feb 28, 2023 Cross on Mar 8, 2023 Cross on Apr 14, 2023 Cross on May 23, 2023 Cross on May 25, 2023 Cross on Jun 2, 2023 Cross on Jun 29, 2023 Cross on Jul 3, 2023 Cross on Jul 20, 2023 Cross on Feb 8, 2024 Cross on Feb 21, 2024 Cross on Sep 13, 2024 Cross on Oct 17, 2024 Cross on Nov 11, 2024 Cross on Dec 6, 2024 Cross on Dec 11, 2024 Cross on Dec 13, 2024 Cross on Dec 17, 2024 Cross on Dec 20, 2024 Cross on Feb 12, 2025 Cross on Feb 19, 2025 Cross on Mar 6, 2025 Cross on Mar 10, 2025 Cross on Mar 19, 2025 Cross on Aug 25, 2026 Cross on Aug 31, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
GFL historical gamma-max cross outcomes after closing below
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 32 -0.1% -0.6% to +0.9% 47% -0.4% to +0.4% 0.0%
Day +2 32 -0.3% -0.7% to +0.8% 41% -0.7% to +0.7% 0.0%
Day +3 32 +0.0% -1.3% to +1.3% 50% -0.7% to +0.7% 0.0%
Day +4 32 +0.3% -0.9% to +1.3% 56% -0.6% to +0.5% 0.0%
Day +5 32 +0.2% -1.3% to +1.4% 53% -0.9% to +0.7% 0.0%
Day +6 32 +0.6% -0.8% to +2.7% 59% -0.3% to +1.6% 0.0%
Day +7 32 -0.1% -1.5% to +2.6% 50% -1.2% to +2.2% 0.0%
Day +8 32 -0.1% -1.4% to +2.3% 47% -1.1% to +1.3% 0.0%
Day +9 32 -0.1% -2.2% to +2.4% 44% -1.8% to +1.6% 0.0%
Day +10 32 +0.2% -1.4% to +3.0% 53% -1.1% to +2.4% 0.0%
Crosses above gamma max 33 completed Day +10 paths · latest Aug 28, 2026
GFL 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. -6.0% -3.0% 0% +3.0% +6.0% Cross on Feb 24, 2021 Cross on Apr 8, 2021 Cross on Jan 6, 2023 Cross on Jan 13, 2023 Cross on Jan 19, 2023 Cross on Feb 3, 2023 Cross on Feb 22, 2023 Cross on Mar 1, 2023 Cross on Apr 12, 2023 Cross on Apr 21, 2023 Cross on May 24, 2023 Cross on May 30, 2023 Cross on Jun 5, 2023 Cross on Jun 30, 2023 Cross on Jul 11, 2023 Cross on Feb 7, 2024 Cross on Feb 14, 2024 Cross on Sep 11, 2024 Cross on Oct 14, 2024 Cross on Nov 7, 2024 Cross on Nov 18, 2024 Cross on Dec 9, 2024 Cross on Dec 12, 2024 Cross on Dec 16, 2024 Cross on Dec 18, 2024 Cross on Feb 6, 2025 Cross on Feb 18, 2025 Cross on Mar 5, 2025 Cross on Mar 7, 2025 Cross on Mar 17, 2025 Cross on Jul 6, 2026 Cross on Aug 21, 2026 Cross on Aug 28, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
GFL historical gamma-max cross outcomes after closing above
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 33 -0.1% -1.0% to +1.0% 48% -0.7% to +0.5% 0.0%
Day +2 33 -0.7% -1.2% to +0.6% 39% -1.1% to +0.1% 0.0%
Day +3 33 -0.9% -1.4% to +1.2% 45% -1.3% to +0.6% 0.0%
Day +4 33 -0.6% -2.0% to +1.5% 36% -1.6% to +0.2% 0.0%
Day +5 33 -0.6% -1.9% to +2.1% 45% -1.4% to +1.4% 0.0%
Day +6 33 -0.5% -2.7% to +3.0% 42% -1.1% to +1.5% 0.0%
Day +7 33 +0.2% -1.9% to +2.3% 55% -1.0% to +1.1% 0.0%
Day +8 33 +0.3% -2.2% to +2.3% 58% -1.4% to +1.7% 0.0%
Day +9 33 -0.2% -1.3% to +2.7% 48% -1.0% to +1.2% 0.0%
Day +10 33 +0.3% -1.8% to +1.9% 52% -1.5% to +1.4% 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

GFL trailing historical statistics
Sessions closed above gamma max 2%
Gamma max crosses 6
Delta neutral crosses 15
Prior-year sessions closer to gamma max 26.2% of 252
Prior-year sessions closer to delta neutral 100.0% of 252
Open interest percentile (1y) 100th
Daily open interest change versus prior year +5.89σ (46,002 contracts; 252 prior changes)
Open interest change, 5 sessions +61.1%
Open interest change, 21 sessions +1622.2%
History available Dec 1, 2020 → Oct 2, 2026

Recent crosses

  1. closed below gamma max at 42.29 vs 43.15 (-2.0%)
  2. closed above gamma max at 42.83 vs 42.18 (+1.5%)
  3. closed below gamma max at 40.72 vs 42.11 (-3.4%)
  4. closed above gamma max at 41.05 vs 40.81 (+0.6%)
  5. closed below gamma max at 40.89 vs 46.24 (-13.1%)
  6. closed above gamma max at 40.61 vs 39.75 (+2.1%)
  7. closed above delta neutral at 34.72 vs 34.03 (+2.0%)
  8. closed below delta neutral at 33.76 vs 34.09 (-1.0%)
  9. closed above delta neutral at 34.32 vs 32.51 (+5.3%)
  10. closed below delta neutral at 34.88 vs 34.94 (-0.2%)

In today's screens

Neighbours by open interest

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Canonical source: https://halfonadouble.com/stock/GFL

Questions people ask about GFL

Where is GFL's gamma max today?

As of Oct 2, 2026, the gamma max for GFL is 44.93, +7.0% from the 41.98 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 GFL above or below its delta neutral price?

GFL closed above delta neutral: 41.98 against a delta neutral price of 32.11. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does GFL have?

386,262 contracts of open interest across 111 listed contracts on Oct 2, 2026, +13.5% 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.