Data through close

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

As of close · rank #2803 by open interest · snapshot page

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IVW's nearest-expiration max pain is 121.00 for 2026-10-16, its GEX flip is 128.19, net GEX is 593,039, its put/call open-interest ratio is 0.53. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
143.91
prev 142.53
Gamma max
144.52
+0.4% from close
Delta neutral
130.74
-9.2% from close
Gamma neutral
128.19
-10.9% from close
Open interest
3,505
-0.1% vs prev
Contracts listed
127
94 calls · 58 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
121.00
-15.9% from close
2026-10-16
GEX flip
128.19
-10.9% from close
Net GEX
593,039
16,919,814 per 100k OI
Call wall
145.00
+0.8% from close
Put wall
115.00
-20.1% from close
Put/call OI
0.53
1,211 puts / 2,294 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
55.2
within trailing 52-week range
Front / back ATM IV
+18.5% / +18.8%
-0.2 pp front premium
Expected move
+3.6%
14 DTE · one standard deviation
ATM straddle / spot
–
front-window midpoint premium
25Δ risk reversal
15.5 pp
put IV minus call IV
IV butterfly
20.1 pp
front-window smile convexity
Volume / open interest
0.01
26 contracts traded
Normalized net delta
0.407
option-holder convention
Modeled dealer delta
-0.407
opposite-side scenario
Vanna / 100k OI
884
volatility-sensitive delta
Charm / 100k OI
-2,245,849
time-decay-sensitive delta
IV surface range
88.0 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

IVW closed 0.4% below its gamma max of 144.52. It is 9.2% above the delta neutral price of 130.74. Total open interest is 3,505, -0.1% 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

← WCLD (#2802) HOOG (#2804) →

Questions people ask about IVW

Where is IVW's gamma max today?

As of Oct 2, 2026, the gamma max for IVW is 144.52, +0.4% from the 143.91 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 IVW above or below its delta neutral price?

IVW closed above delta neutral: 143.91 against a delta neutral price of 130.74. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does IVW have?

3,505 contracts of open interest across 127 listed contracts on Oct 2, 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.