Data through close

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

As of close · rank #4035 by open interest · snapshot page

MD's nearest-expiration max pain is 25.00 for 2026-10-16, its GEX flip is 20.99, net GEX is 22,862, its put/call open-interest ratio is 0.76. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
25.97
prev 25.76
Gamma max
29.98
+15.4% from close
Delta neutral
22.67
-12.7% from close
Gamma neutral
20.99
-19.2% from close
Open interest
527
0.0% vs prev
Contracts listed
28
16 calls · 18 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
-3.7% from close
2026-10-16
GEX flip
20.99
-19.2% from close
Net GEX
22,862
4,338,201 per 100k OI
Call wall
30.00
+15.5% from close
Put wall
20.00
-23.0% from close
Put/call OI
0.76
227 puts / 300 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
18.0
within trailing 52-week range
Front / back ATM IV
+43.3% / +54.2%
-10.9 pp front premium
Expected move
+8.5%
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
0.00
0 contracts traded
Normalized net delta
0.135
option-holder convention
Modeled dealer delta
-0.131
opposite-side scenario
Vanna / 100k OI
1,708
volatility-sensitive delta
Charm / 100k OI
-100,759
time-decay-sensitive delta
IV surface range
29.4 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

MD closed 15.4% below its gamma max of 29.98. It is 12.7% above the delta neutral price of 22.67. Total open interest is 527, 0.0% versus the previous session. What gamma max means · What delta neutral means

History

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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 MD

Where is MD's gamma max today?

As of Oct 2, 2026, the gamma max for MD is 29.98, +15.4% from the 25.97 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 MD above or below its delta neutral price?

MD closed above delta neutral: 25.97 against a delta neutral price of 22.67. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does MD have?

527 contracts of open interest across 28 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.