Data through close

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

As of close · rank #3558 by open interest · snapshot page

IYT's nearest-expiration max pain is 81.00 for 2026-10-16, net GEX is 905, its put/call open-interest ratio is 1.23. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
80.20
prev 79.04
Gamma max
82.78
+3.2% from close
Delta neutral
80.19
-0.0% from close
Gamma neutral
80.20
0.0% from close
Open interest
1,225
+4.9% vs prev
Contracts listed
99
56 calls · 44 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
81.00
+1.0% from close
2026-10-16
GEX flip
–
Net GEX
905
73,864 per 100k OI
Call wall
81.00
+1.0% from close
Put wall
76.00
-5.2% from close
Put/call OI
1.23
676 puts / 549 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
1.3
within trailing 52-week range
Front / back ATM IV
+21.6% / +18.4%
3.2 pp front premium
Expected move
+4.2%
14 DTE · one standard deviation
ATM straddle / spot
+2.9%
front-window midpoint premium
25Δ risk reversal
8.2 pp
put IV minus call IV
IV butterfly
-3.9 pp
front-window smile convexity
Volume / open interest
0.13
156 contracts traded
Normalized net delta
-0.011
option-holder convention
Modeled dealer delta
0.011
opposite-side scenario
Vanna / 100k OI
1,224
volatility-sensitive delta
Charm / 100k OI
-251,429
time-decay-sensitive delta
IV surface range
10.6 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

IYT closed 3.2% below its gamma max of 82.78. It is right at the delta neutral price of 80.19. Total open interest is 1,225, +4.9% 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 IYT

Where is IYT's gamma max today?

As of Oct 2, 2026, the gamma max for IYT is 82.78, +3.2% from the 80.20 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 IYT above or below its delta neutral price?

IYT closed above delta neutral: 80.20 against a delta neutral price of 80.19. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does IYT have?

1,225 contracts of open interest across 99 listed contracts on Oct 2, 2026, +4.9% 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.