LUV gamma max, delta neutral & open interest levels
As of close · rank #362 by open interest · 1,379 sessions of history since Dec 1, 2020
LUV closed 19.3% below its gamma max of 46.79. It is 3.5% below the delta neutral price of 40.61. Total open interest is 245,632, -1.0% versus the previous session. What gamma max means · What delta neutral means
One-year history
Last 252 sessions
| Sessions closed above gamma max | 7% |
| Gamma max crosses | 6 |
| Delta neutral crosses | 23 |
| Open interest percentile (1y) | 20th |
| Open interest change, 5 sessions | -3.4% |
| Open interest change, 21 sessions | +2.5% |
| History available | Dec 1, 2020 → Sep 11, 2026 |
Recent crosses
- closed below delta neutral at 43.35 vs 43.42 (-0.2%)
- closed below gamma max at 51.60 vs 51.92 (-0.6%)
- closed above gamma max at 50.94 vs 50.73 (+0.4%)
- closed above delta neutral at 40.78 vs 40.33 (+1.1%)
- closed below delta neutral at 40.06 vs 40.25 (-0.5%)
- closed above delta neutral at 39.71 vs 39.62 (+0.2%)
- closed below delta neutral at 39.35 vs 39.99 (-1.6%)
- closed above delta neutral at 41.26 vs 39.78 (+3.6%)
- closed below delta neutral at 39.45 vs 39.63 (-0.5%)
- closed above delta neutral at 40.40 vs 39.54 (+2.1%)
In today's screens
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Neighbours by open interest
Questions people ask about LUV
Where is LUV's gamma max today?
As of Sep 11, 2026, the gamma max for LUV is 46.79, +19.3% from the 39.24 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 LUV above or below its delta neutral price?
LUV closed below delta neutral: 39.24 against a delta neutral price of 40.61. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does LUV have?
245,632 contracts of open interest across 416 listed contracts on Sep 11, 2026, -1.0% 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.