Data through close

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

As of close · rank #4583 by open interest · snapshot page

IWC's nearest-expiration max pain is 195.00 for 2026-10-16, its GEX flip is 188.45, net GEX is -1,601, its put/call open-interest ratio is 0.93. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
186.68
prev 185.14
Gamma max
205.92
+10.3% from close
Delta neutral
186.30
-0.2% from close
Gamma neutral
188.45
+0.9% from close
Open interest
160
+0.6% vs prev
Contracts listed
49
30 calls · 21 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
195.00
+4.5% from close
2026-10-16
GEX flip
188.45
+0.9% from close
Net GEX
-1,601
-1,000,508 per 100k OI
Call wall
194.73
+4.3% from close
Put wall
188.00
+0.7% from close
Put/call OI
0.93
77 puts / 83 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
4.8
within trailing 52-week range
Front / back ATM IV
+22.9% / +22.3%
0.6 pp front premium
Expected move
+4.5%
14 DTE · one standard deviation
ATM straddle / spot
–
front-window midpoint premium
25Δ risk reversal
– pp
put IV minus call IV
IV butterfly
– pp
front-window smile convexity
Volume / open interest
0.00
0 contracts traded
Normalized net delta
0.021
option-holder convention
Modeled dealer delta
-0.021
opposite-side scenario
Vanna / 100k OI
0
volatility-sensitive delta
Charm / 100k OI
0
time-decay-sensitive delta
IV surface range
15.5 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

IWC closed 10.3% below its gamma max of 205.92. It is 0.2% above the delta neutral price of 186.30. Total open interest is 160, +0.6% 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 IWC

Where is IWC's gamma max today?

As of Oct 2, 2026, the gamma max for IWC is 205.92, +10.3% from the 186.68 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 IWC above or below its delta neutral price?

IWC closed above delta neutral: 186.68 against a delta neutral price of 186.30. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does IWC have?

160 contracts of open interest across 49 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.