Data through close

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

As of close · rank #2508 by open interest · snapshot page

MEDP's nearest-expiration max pain is 650.00 for 2026-11-20, its GEX flip is 683.72, net GEX is -85,671, its put/call open-interest ratio is 1.97. These are whole-chain derived aggregates as of Oct 23, 2026 close.

MEDP max pain and GEX snapshot

End-of-day snapshot for . Nearest-expiration max pain uses the expiry shown on its card; GEX uses the whole chain. Missing values are unavailable, not zero.

Nearest-expiration max pain
650.00
-2.9% from close
Expiry: 2026-11-20
GEX flip
683.72
+2.2% from close
Net GEX
-85,671
-1,673,585 per 100k OI
Call wall
700.00
+4.6% from close
Put wall
570.00
-14.8% from close
Put/call OI
1.97
3,397 puts / 1,722 calls

Prices are in US dollars per share. Net GEX is modeled dollar-delta change per $1 underlying move. Max pain minimizes aggregate intrinsic payout for that expiration; it is not a closing-price forecast. Signed GEX uses calls positive and puts negative, a model convention rather than observed dealer inventory. The flip is a confirmed zero crossing; walls locate side-specific concentrations, not guaranteed support or resistance.

Learn how to read the max pain payout example, GEX chart, gamma flip and walls, and open interest versus trading volume.

Close
669.20
prev 653.96
Gamma max
747.03
+11.6% from close
Delta neutral
649.48
-2.9% from close
Gamma neutral
683.72
+2.2% from close
Open interest
5,119
+8.4% vs prev
Contracts listed
277
178 calls · 143 puts

Advanced options analysis

Public aggregate 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
0.0
within trailing 52-week range
Front IV premium
3.5 pp
front minus back volatility difference
25Δ risk reversal
4.0 pp
put IV minus call IV
IV butterfly
3.0 pp
front-window smile convexity
Volume / open interest
0.03
146 contracts traded
Normalized net delta
0.066
option-holder convention
Modeled dealer delta
-0.064
opposite-side scenario
Vanna / 100k OI
2,442
volatility-sensitive delta
Charm / 100k OI
-651,182
time-decay-sensitive delta
IV surface range
49.9 pp
aggregate volatility dispersion

Download the dated aggregate analysis JSON .

MEDP closed 11.6% below its gamma max of 747.03. It is 2.9% above the delta neutral price of 649.48. Total open interest is 5,119, +8.4% 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

Daily ticker aggregates through 2026-10-23. The max pain curve pools all listed expirations; individual contracts are outside the public dataset.

Aggregate IV history

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In today's screens

Neighbours by open interest

Questions people ask about MEDP

What is MEDP's max pain for the nearest expiration?

As of Oct 23, 2026 close, nearest-expiration max pain is 650.00 for the 2026-11-20 expiration. It is a payout-minimizing strike for one expiration. An all-expiration pooled value is a different comparison, and neither establishes where the underlying will close. Max pain definition and worked payout example.

Our 2025 max-pain study compares historical Thursday levels with Friday underlying closes and an unchanged-price baseline. Its scope and results are separate from this current ticker snapshot.

What do MEDP's gamma exposure and gamma flip show?

Signed net GEX is -85,671 as of Oct 23, 2026 close. The confirmed GEX flip is 683.72. These aggregate model outputs use calls positive and puts negative. Their sign does not identify dealers' actual positions or predict the next move. How to interpret GEX, gamma flip and walls.

Where is MEDP's gamma max today?

As of Oct 23, 2026, the gamma max for MEDP is 747.03, +11.6% from the 669.20 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 MEDP above or below its delta neutral price?

MEDP closed above delta neutral: 669.20 against a delta neutral price of 649.48. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does MEDP have?

5,119 contracts of open interest across 277 listed contracts on Oct 23, 2026, +8.4% 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.