Data through close

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

As of close · rank #3759 by open interest · snapshot page

MTRN's nearest-expiration max pain is 250.00 for 2026-10-16, its GEX flip is 260.65, net GEX is 24,738, its put/call open-interest ratio is 0.64. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
312.16
prev 285.14
Gamma max
312.58
+0.1% from close
Delta neutral
265.65
-14.9% from close
Gamma neutral
260.65
-16.5% from close
Open interest
887
+1.8% vs prev
Contracts listed
122
83 calls · 76 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
250.00
-19.9% from close
2026-10-16
GEX flip
260.65
-16.5% from close
Net GEX
24,738
2,788,896 per 100k OI
Call wall
310.00
-0.7% from close
Put wall
280.00
-10.3% from close
Put/call OI
0.64
346 puts / 541 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
27.0
within trailing 52-week range
Front / back ATM IV
+54.7% / +60.6%
-5.9 pp front premium
Expected move
+10.7%
14 DTE · one standard deviation
ATM straddle / spot
–
front-window midpoint premium
25Δ risk reversal
-1.1 pp
put IV minus call IV
IV butterfly
– pp
front-window smile convexity
Volume / open interest
0.08
74 contracts traded
Normalized net delta
0.407
option-holder convention
Modeled dealer delta
-0.407
opposite-side scenario
Vanna / 100k OI
451
volatility-sensitive delta
Charm / 100k OI
0
time-decay-sensitive delta
IV surface range
48.8 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

MTRN closed 0.1% below its gamma max of 312.58. It is 14.9% above the delta neutral price of 265.65. Total open interest is 887, +1.8% 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 MTRN

Where is MTRN's gamma max today?

As of Oct 2, 2026, the gamma max for MTRN is 312.58, +0.1% from the 312.16 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 MTRN above or below its delta neutral price?

MTRN closed above delta neutral: 312.16 against a delta neutral price of 265.65. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does MTRN have?

887 contracts of open interest across 122 listed contracts on Oct 2, 2026, +1.8% 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.