NBIS max pain, gamma exposure (GEX) & options open interest
As of close · rank #82 by open interest · 483 sessions of history since Oct 30, 2024
NBIS's nearest-expiration max pain is 222.50 for 2026-10-09, its GEX flip is 209.79, net GEX is 22,568,322, its put/call open-interest ratio is 0.93. These are whole-chain derived aggregates as of Oct 2, 2026 close.
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.
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.
Strongest relative signals: volume/OI 0.16 · 7d expected move +10.0%
NBIS closed 9.9% below its gamma max of 266.75. It is 20.3% above the delta neutral price of 193.53. Total open interest is 1,247,303, -5.9% versus the previous session. Its options catalyst-intensity score is 35.0 out of 100, led by volume/OI 0.16, 7d expected move +10.0%. What gamma max means · What delta neutral means
Call versus put open interest changes
Growth compares outstanding contracts on each side. A positive growth gap favors calls; a negative gap favors puts. Standardized surprises compare each measure with its own prior history. These describe the OI balance, not IV skew or buying direction.
| Measure | Value |
|---|---|
| Call OI change, 1 session | -55,294 contracts · -7.9% |
| Put OI change, 1 session | -22,997 contracts · -3.7% |
| Call minus put OI growth, 1 session | -4.2 pp |
| Call OI change, 5 sessions | +4,792 contracts · +0.7% |
| Put OI change, 5 sessions | +25,530 contracts · +4.4% |
| Call minus put OI growth, 5 sessions | -3.7 pp |
| Daily call OI change surprise | -1.68σ (252 prior changes) |
| Daily put OI change surprise | -0.58σ (252 prior changes) |
| Daily call-minus-put growth surprise | -1.08σ (252 prior changes) |
History
Hover for valuesDrag to panScroll to zoomClick a series to hide it ← → step a session+ − zoomTouch: swipe to pan, pinch to zoom, hold for the crosshair
Analysis visualizations
Derived from the 2026-10-02 options chain. Select an analysis to explore its chart.
No matching visualizations.
Gamma walls
Chart loads when this section is in view.
What followed prior gamma-max crosses?
Each historical path starts at 0% on the cross date and follows the close for ten subsequent trading sessions. Cohorts use the same direction as labelled and require gamma max to be within 10% of the close on both crossing sessions.
Crosses below gamma max 19 completed Day +10 paths · latest Aug 13, 2026
| Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
|---|---|---|---|---|---|---|
| Day +1 | 19 | +4.2% | -1.5% to +4.9% | 63% | -0.7% to +4.8% | 0.0% |
| Day +2 | 19 | +1.4% | -1.9% to +8.7% | 63% | -0.6% to +7.9% | 0.0% |
| Day +3 | 19 | +0.6% | -2.6% to +7.4% | 53% | -2.6% to +7.2% | 0.0% |
| Day +4 | 19 | +2.2% | -4.6% to +9.2% | 58% | -4.4% to +8.7% | 0.0% |
| Day +5 | 19 | +3.0% | -6.5% to +9.2% | 63% | -4.5% to +6.0% | 0.0% |
| Day +6 | 19 | +1.4% | -7.0% to +7.5% | 63% | -6.3% to +7.2% | 0.0% |
| Day +7 | 19 | +0.1% | -9.9% to +8.8% | 53% | -7.8% to +6.3% | 0.0% |
| Day +8 | 19 | +0.9% | -6.4% to +12.4% | 53% | -2.2% to +10.6% | 0.0% |
| Day +9 | 19 | -3.8% | -6.6% to +11.0% | 42% | -4.8% to +6.5% | 0.0% |
| Day +10 | 19 | -0.7% | -9.1% to +7.6% | 47% | -7.6% to +6.0% | 0.0% |
Crosses above gamma max 19 completed Day +10 paths · latest Apr 9, 2026
| Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
|---|---|---|---|---|---|---|
| Day +1 | 19 | +0.2% | -3.8% to +3.8% | 53% | -2.4% to +3.3% | 0.0% |
| Day +2 | 19 | +3.3% | -7.8% to +6.9% | 58% | -6.8% to +6.2% | 0.0% |
| Day +3 | 19 | +1.3% | -7.6% to +4.8% | 53% | -6.5% to +4.3% | 0.0% |
| Day +4 | 19 | -3.1% | -9.7% to +8.3% | 47% | -9.4% to +8.1% | 0.0% |
| Day +5 | 19 | +3.4% | -11.4% to +8.2% | 58% | -10.8% to +7.8% | 0.0% |
| Day +6 | 19 | +2.9% | -11.3% to +10.1% | 58% | -11.1% to +9.7% | 0.0% |
| Day +7 | 19 | +7.6% | -11.8% to +13.9% | 63% | -11.4% to +11.1% | 0.0% |
| Day +8 | 19 | +3.8% | -12.1% to +17.4% | 68% | -8.4% to +16.7% | 0.0% |
| Day +9 | 19 | +3.3% | -9.9% to +12.9% | 53% | -7.0% to +11.4% | 0.0% |
| Day +10 | 19 | -2.2% | -7.5% to +13.9% | 47% | -6.4% to +12.6% | 0.0% |
Returns are close-to-close after the labelled number of subsequent trading sessions. The confidence floor is the closest-to-zero bound of the order-statistic median interval; it is zero when that interval spans zero. Its coverage is nominally at least 90% under independent observations. Historical paths can overlap, so the interval and floor are descriptive uncertainty guides rather than formal coverage guarantees. Historical, not a forecast.
Last 252 sessions
| Sessions closed above gamma max | 2% |
| Gamma max crosses | 9 |
| Delta neutral crosses | 8 |
| Prior-year sessions closer to gamma max | 23.8% of 252 |
| Prior-year sessions closer to delta neutral | 74.2% of 252 |
| Open interest percentile (1y) | 79th |
| Daily open interest change versus prior year | -1.11σ (-78,291 contracts; 252 prior changes) |
| Open interest change, 5 sessions | +2.5% |
| Open interest change, 21 sessions | -7.2% |
| History available | Oct 30, 2024 → Oct 2, 2026 |
Recent crosses
- closed below gamma max at 255.04 vs 262.50 (-2.9%)
- closed above gamma max at 259.20 vs 252.44 (+2.6%)
- closed above delta neutral at 188.43 vs 173.93 (+7.7%)
- closed below delta neutral at 148.22 vs 164.03 (-10.7%)
- closed above delta neutral at 177.71 vs 161.79 (+9.0%)
- closed below delta neutral at 171.77 vs 175.26 (-2.0%)
- closed below gamma max at 154.56 vs 156.76 (-1.4%)
- closed above gamma max at 136.33 vs 130.41 (+4.3%)
- closed below gamma max at 116.33 vs 129.58 (-11.4%)
- closed above gamma max at 129.85 vs 124.79 (+3.9%)
In today's screens
Neighbours by open interest
Cite or embed this snapshot
Share the dated 1600×840 image or cite this canonical page. The card contains public derived aggregates, not contract-level quotes.
Canonical source: https://halfonadouble.com/stock/NBIS
Questions people ask about NBIS
Where is NBIS's gamma max today?
As of Oct 2, 2026, the gamma max for NBIS is 266.75, +9.9% from the 242.81 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 NBIS above or below its delta neutral price?
NBIS closed above delta neutral: 242.81 against a delta neutral price of 193.53. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does NBIS have?
1,247,303 contracts of open interest across 1,451 listed contracts on Oct 2, 2026, -5.9% 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.