IWM gamma max, delta neutral & open interest levels
As of close · rank #7 by open interest · 1,379 sessions of history since Dec 1, 2020
IWM closed 8.6% below its gamma max of 313.80. It is 2.8% below the delta neutral price of 297.05. Total open interest is 10,485,641, -0.6% versus the previous session. What gamma max means · What delta neutral means
One-year history
Last 252 sessions
| Sessions closed above gamma max | 0% |
| Gamma max crosses | 0 |
| Delta neutral crosses | 41 |
| Open interest percentile (1y) | 68th |
| Open interest change, 5 sessions | +0.1% |
| Open interest change, 21 sessions | +6.0% |
| History available | Dec 1, 2020 → Sep 11, 2026 |
Recent crosses
- closed below delta neutral at 297.70 vs 299.69 (-0.7%)
- closed above delta neutral at 296.22 vs 296.12 (+0.0%)
- closed below delta neutral at 293.77 vs 294.63 (-0.3%)
- closed above delta neutral at 296.54 vs 295.67 (+0.3%)
- closed below delta neutral at 294.10 vs 295.34 (-0.4%)
- closed above delta neutral at 294.45 vs 293.53 (+0.3%)
- closed below delta neutral at 293.44 vs 294.27 (-0.3%)
- closed above delta neutral at 297.27 vs 294.41 (+1.0%)
- closed below delta neutral at 293.53 vs 294.92 (-0.5%)
- closed above delta neutral at 295.60 vs 291.27 (+1.5%)
In today's screens
Neighbours by open interest
Questions people ask about IWM
Where is IWM's gamma max today?
As of Sep 11, 2026, the gamma max for IWM is 313.80, +8.6% from the 288.87 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 IWM above or below its delta neutral price?
IWM closed below delta neutral: 288.87 against a delta neutral price of 297.05. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does IWM have?
10,485,641 contracts of open interest across 3,250 listed contracts on Sep 11, 2026, -0.6% versus the previous session. What open interest measures.
Levels are recomputed after every trading day from end-of-day options data licensed from HistoricalOptionData.com; only derived aggregates are published. Methodology · Data and licence · Not investment advice.