MSTR gamma max, delta neutral & open interest levels
As of close · rank #43 by open interest · 1,379 sessions of history since Dec 1, 2020
MSTR closed 15.6% below its gamma max of 151.38. It is 15.6% above the delta neutral price of 110.58. Total open interest is 2,445,696, -12.2% versus the previous session. What gamma max means · What delta neutral means
One-year history
Last 252 sessions
| Sessions closed above gamma max | 9% |
| Gamma max crosses | 24 |
| Delta neutral crosses | 44 |
| Open interest percentile (1y) | 23th |
| Open interest change, 5 sessions | -10.6% |
| Open interest change, 21 sessions | -11.8% |
| History available | Dec 1, 2020 → Sep 11, 2026 |
Recent crosses
- closed below gamma max at 142.80 vs 145.98 (-2.2%)
- closed above gamma max at 144.82 vs 139.06 (+4.0%)
- closed below gamma max at 127.31 vs 143.24 (-12.5%)
- closed above gamma max at 137.40 vs 127.54 (+7.2%)
- closed below gamma max at 123.19 vs 123.68 (-0.4%)
- closed above gamma max at 104.25 vs 101.40 (+2.7%)
- closed above delta neutral at 97.33 vs 94.38 (+3.0%)
- closed below delta neutral at 100.01 vs 100.39 (-0.4%)
- closed above delta neutral at 97.65 vs 96.16 (+1.5%)
- closed below delta neutral at 93.28 vs 101.00 (-8.3%)
In today's screens
Neighbours by open interest
Questions people ask about MSTR
Where is MSTR's gamma max today?
As of Sep 11, 2026, the gamma max for MSTR is 151.38, +15.6% from the 130.97 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 MSTR above or below its delta neutral price?
MSTR closed above delta neutral: 130.97 against a delta neutral price of 110.58. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does MSTR have?
2,445,696 contracts of open interest across 2,611 listed contracts on Sep 11, 2026, -12.2% 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.