Data through close

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

As of close · rank #2273 by open interest · snapshot page

MAA's nearest-expiration max pain is 125.00 for 2026-10-16, its GEX flip is 147.85, net GEX is -936,871, its put/call open-interest ratio is 2.53. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
115.22
prev 116.42
Gamma max
166.89
+44.8% from close
Delta neutral
130.50
+13.3% from close
Gamma neutral
147.85
+28.3% from close
Open interest
7,729
+0.7% vs prev
Contracts listed
107
56 calls · 53 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
125.00
+8.5% from close
2026-10-16
GEX flip
147.85
+28.3% from close
Net GEX
-936,871
-12,121,509 per 100k OI
Call wall
120.00
+4.1% from close
Put wall
120.00
+4.1% from close
Put/call OI
2.53
5,537 puts / 2,192 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
9.8
within trailing 52-week range
Front / back ATM IV
+27.4% / +22.6%
4.8 pp front premium
Expected move
+5.4%
14 DTE · one standard deviation
ATM straddle / spot
+6.0%
front-window midpoint premium
25Δ risk reversal
6.2 pp
put IV minus call IV
IV butterfly
– pp
front-window smile convexity
Volume / open interest
0.11
823 contracts traded
Normalized net delta
-0.259
option-holder convention
Modeled dealer delta
0.259
opposite-side scenario
Vanna / 100k OI
2,562
volatility-sensitive delta
Charm / 100k OI
1,625,514
time-decay-sensitive delta
IV surface range
85.2 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

MAA closed 44.8% below its gamma max of 166.89. It is 13.3% below the delta neutral price of 130.50. Total open interest is 7,729, +0.7% 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

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Neighbours by open interest

Questions people ask about MAA

Where is MAA's gamma max today?

As of Oct 2, 2026, the gamma max for MAA is 166.89, +44.8% from the 115.22 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 MAA above or below its delta neutral price?

MAA closed below delta neutral: 115.22 against a delta neutral price of 130.50. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does MAA have?

7,729 contracts of open interest across 107 listed contracts on Oct 2, 2026, +0.7% 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.