MO gamma max, delta neutral & open interest levels
As of close · rank #270 by open interest · 1,379 sessions of history since Dec 1, 2020
MO closed 1.9% below its gamma max of 70.30. It is 1.5% above the delta neutral price of 67.98. Total open interest is 388,101, -4.3% versus the previous session. What gamma max means · What delta neutral means
One-year history
Last 252 sessions
| Sessions closed above gamma max | 6% |
| Gamma max crosses | 14 |
| Delta neutral crosses | 16 |
| Open interest percentile (1y) | 92th |
| Open interest change, 5 sessions | -6.9% |
| Open interest change, 21 sessions | -3.9% |
| History available | Dec 1, 2020 → Sep 11, 2026 |
Recent crosses
- closed above delta neutral at 68.79 vs 68.30 (+0.7%)
- closed below delta neutral at 67.89 vs 68.08 (-0.3%)
- closed above delta neutral at 68.47 vs 67.66 (+1.2%)
- closed below delta neutral at 67.94 vs 69.36 (-2.1%)
- closed below gamma max at 74.00 vs 74.29 (-0.4%)
- closed above gamma max at 73.72 vs 73.42 (+0.4%)
- closed below gamma max at 72.41 vs 72.50 (-0.1%)
- closed above gamma max at 71.54 vs 70.85 (+1.0%)
- closed below gamma max at 70.33 vs 72.88 (-3.6%)
- closed above gamma max at 73.03 vs 72.70 (+0.5%)
In today's screens
Neighbours by open interest
Questions people ask about MO
Where is MO's gamma max today?
As of Sep 11, 2026, the gamma max for MO is 70.30, +1.9% from the 68.98 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 MO above or below its delta neutral price?
MO closed above delta neutral: 68.98 against a delta neutral price of 67.98. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does MO have?
388,101 contracts of open interest across 419 listed contracts on Sep 11, 2026, -4.3% versus the previous session. What open interest measures.
Levels are recomputed after every trading day from end-of-day options data licensed from HistoricalOptionData.com; only derived aggregates are published. Methodology · Data and licence · Not investment advice.