Data through close

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

As of close · rank #851 by open interest · snapshot page

IONS's nearest-expiration max pain is 52.50 for 2026-10-16, its GEX flip is 45.48, net GEX is -698,400, its put/call open-interest ratio is 0.68. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
43.54
prev 44.00
Gamma max
61.02
+40.1% from close
Delta neutral
48.87
+12.2% from close
Gamma neutral
45.48
+4.4% from close
Open interest
64,651
+0.2% vs prev
Contracts listed
275
175 calls · 117 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
52.50
+20.6% from close
2026-10-16
GEX flip
45.48
+4.4% from close
Net GEX
-698,400
-1,080,261 per 100k OI
Call wall
50.00
+14.8% from close
Put wall
40.00
-8.1% from close
Put/call OI
0.68
26,088 puts / 38,563 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
44.5
within trailing 52-week range
Front / back ATM IV
+44.8% / +52.0%
-7.2 pp front premium
Expected move
+8.8%
14 DTE · one standard deviation
ATM straddle / spot
+6.7%
front-window midpoint premium
25Δ risk reversal
-70.4 pp
put IV minus call IV
IV butterfly
3.9 pp
front-window smile convexity
Volume / open interest
0.01
424 contracts traded
Normalized net delta
-0.131
option-holder convention
Modeled dealer delta
0.131
opposite-side scenario
Vanna / 100k OI
2,755
volatility-sensitive delta
Charm / 100k OI
72,251
time-decay-sensitive delta
IV surface range
53.5 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

IONS closed 40.1% below its gamma max of 61.02. It is 12.2% below the delta neutral price of 48.87. Total open interest is 64,651, +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 IONS

Where is IONS's gamma max today?

As of Oct 2, 2026, the gamma max for IONS is 61.02, +40.1% from the 43.54 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 IONS above or below its delta neutral price?

IONS closed below delta neutral: 43.54 against a delta neutral price of 48.87. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does IONS have?

64,651 contracts of open interest across 275 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.