Data through close

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

As of close · rank #3751 by open interest · snapshot page

Chart Download CSV JSON snapshot Advanced analysis

MARS's nearest-expiration max pain is 25.00 for 2026-10-16, net GEX is 58,768, its put/call open-interest ratio is 0.04. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
25.92
prev 24.92
Gamma max
31.55
+21.7% from close
Delta neutral
18.20
-29.8% from close
Gamma neutral
25.92
0.0% from close
Open interest
903
0.0% vs prev
Contracts listed
47
34 calls · 14 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
25.00
-3.5% from close
2026-10-16
GEX flip
–
Net GEX
58,768
6,508,094 per 100k OI
Call wall
30.00
+15.7% from close
Put wall
25.00
-3.5% from close
Put/call OI
0.04
37 puts / 866 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
5.7
within trailing 52-week range
Front / back ATM IV
+57.6% / +48.1%
9.5 pp front premium
Expected move
+11.3%
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
0.01
9 contracts traded
Normalized net delta
0.178
option-holder convention
Modeled dealer delta
-0.178
opposite-side scenario
Vanna / 100k OI
3,433
volatility-sensitive delta
Charm / 100k OI
0
time-decay-sensitive delta
IV surface range
13.0 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

MARS closed 21.7% below its gamma max of 31.55. It is 29.8% above the delta neutral price of 18.20. Total open interest is 903, 0.0% 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

← EAGG (#3750) RBLU (#3752) →

Questions people ask about MARS

Where is MARS's gamma max today?

As of Oct 2, 2026, the gamma max for MARS is 31.55, +21.7% from the 25.92 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 MARS above or below its delta neutral price?

MARS closed above delta neutral: 25.92 against a delta neutral price of 18.20. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does MARS have?

903 contracts of open interest across 47 listed contracts on Oct 2, 2026, 0.0% 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.