Data through close

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

As of close · rank #1390 by open interest · snapshot page

MDLN's nearest-expiration max pain is 35.00 for 2026-10-16, its GEX flip is 35.59, net GEX is 6,669, its put/call open-interest ratio is 1.49. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
35.61
prev 34.94
Gamma max
39.50
+10.9% from close
Delta neutral
35.09
-1.4% from close
Gamma neutral
35.59
-0.0% from close
Open interest
25,573
+0.1% vs prev
Contracts listed
105
73 calls · 49 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
35.00
-1.7% from close
2026-10-16
GEX flip
35.59
-0.0% from close
Net GEX
6,669
26,077 per 100k OI
Call wall
35.00
-1.7% from close
Put wall
30.00
-15.8% from close
Put/call OI
1.49
15,283 puts / 10,290 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
3.8
within trailing 52-week range
Front / back ATM IV
+46.5% / +49.5%
-3.0 pp front premium
Expected move
+9.1%
14 DTE · one standard deviation
ATM straddle / spot
+7.1%
front-window midpoint premium
25Δ risk reversal
13.1 pp
put IV minus call IV
IV butterfly
-1.1 pp
front-window smile convexity
Volume / open interest
0.01
265 contracts traded
Normalized net delta
0.028
option-holder convention
Modeled dealer delta
-0.028
opposite-side scenario
Vanna / 100k OI
4,196
volatility-sensitive delta
Charm / 100k OI
-402,151
time-decay-sensitive delta
IV surface range
63.0 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

MDLN closed 10.9% below its gamma max of 39.50. It is 1.4% above the delta neutral price of 35.09. Total open interest is 25,573, +0.1% 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 MDLN

Where is MDLN's gamma max today?

As of Oct 2, 2026, the gamma max for MDLN is 39.50, +10.9% from the 35.61 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 MDLN above or below its delta neutral price?

MDLN closed above delta neutral: 35.61 against a delta neutral price of 35.09. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does MDLN have?

25,573 contracts of open interest across 105 listed contracts on Oct 2, 2026, +0.1% 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.