Data through close

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

As of close · rank #948 by open interest · snapshot page

MT's nearest-expiration max pain is 69.00 for 2026-10-09, its GEX flip is 68.94, net GEX is -468,103, its put/call open-interest ratio is 0.93. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
64.51
prev 64.56
Gamma max
82.04
+27.2% from close
Delta neutral
67.03
+3.9% from close
Gamma neutral
68.94
+6.9% from close
Open interest
54,355
+0.7% vs prev
Contracts listed
260
161 calls · 135 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
69.00
+7.0% from close
2026-10-09
GEX flip
68.94
+6.9% from close
Net GEX
-468,103
-861,196 per 100k OI
Call wall
80.00
+24.0% from close
Put wall
65.00
+0.8% from close
Put/call OI
0.93
26,252 puts / 28,103 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
70.3
within trailing 52-week range
Front / back ATM IV
+51.9% / +43.9%
8.0 pp front premium
Expected move
+7.2%
7 DTE · one standard deviation
ATM straddle / spot
+6.4%
front-window midpoint premium
25Δ risk reversal
5.3 pp
put IV minus call IV
IV butterfly
0.9 pp
front-window smile convexity
Volume / open interest
0.08
4,272 contracts traded
Normalized net delta
0.053
option-holder convention
Modeled dealer delta
-0.047
opposite-side scenario
Vanna / 100k OI
1,788
volatility-sensitive delta
Charm / 100k OI
201,606
time-decay-sensitive delta
IV surface range
115.7 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

MT closed 27.2% below its gamma max of 82.04. It is 3.9% below the delta neutral price of 67.03. Total open interest is 54,355, +0.7% 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

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Neighbours by open interest

Questions people ask about MT

Where is MT's gamma max today?

As of Oct 2, 2026, the gamma max for MT is 82.04, +27.2% from the 64.51 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 MT above or below its delta neutral price?

MT closed below delta neutral: 64.51 against a delta neutral price of 67.03. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does MT have?

54,355 contracts of open interest across 260 listed contracts on Oct 2, 2026, +0.7% 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.