Data through close

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

As of close · rank #2830 by open interest · snapshot page

IQQ's nearest-expiration max pain is 24.50 for 2026-10-09, its GEX flip is 12.67, net GEX is 253,282, its put/call open-interest ratio is 0.34. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
25.36
prev 25.10
Gamma max
26.71
+5.3% from close
Delta neutral
22.85
-9.9% from close
Gamma neutral
12.67
-50.0% from close
Open interest
3,396
-6.0% vs prev
Contracts listed
88
53 calls · 46 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
24.50
-3.4% from close
2026-10-09
GEX flip
12.67
-50.0% from close
Net GEX
253,282
7,458,230 per 100k OI
Call wall
30.00
+18.3% from close
Put wall
24.00
-5.4% from close
Put/call OI
0.34
858 puts / 2,538 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
100.0
within trailing 52-week range
Front / back ATM IV
+50.4% / +22.5%
27.9 pp front premium
Expected move
+7.0%
7 DTE · one standard deviation
ATM straddle / spot
+3.3%
front-window midpoint premium
25Δ risk reversal
-13.3 pp
put IV minus call IV
IV butterfly
-0.6 pp
front-window smile convexity
Volume / open interest
0.02
81 contracts traded
Normalized net delta
0.277
option-holder convention
Modeled dealer delta
-0.277
opposite-side scenario
Vanna / 100k OI
2,914
volatility-sensitive delta
Charm / 100k OI
-26,203
time-decay-sensitive delta
IV surface range
78.4 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

IQQ closed 5.3% below its gamma max of 26.71. It is 9.9% above the delta neutral price of 22.85. That is a fresh cross: the previous close was on the other side of gamma max. Total open interest is 3,396, -6.0% 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

Neighbours by open interest

Questions people ask about IQQ

Where is IQQ's gamma max today?

As of Oct 2, 2026, the gamma max for IQQ is 26.71, +5.3% from the 25.36 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 IQQ above or below its delta neutral price?

IQQ closed above delta neutral: 25.36 against a delta neutral price of 22.85. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does IQQ have?

3,396 contracts of open interest across 88 listed contracts on Oct 2, 2026, -6.0% 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.