Data through close

NDX gamma max, delta neutral & open interest levels

As of close · rank #448 by open interest · 1,372 sessions of history since Dec 1, 2020

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Close
29,368.44
prev 29,103.51
Gamma max
30,177.53
+2.8% from close
Delta neutral
29,216.11
-0.5% from close
Gamma neutral
28,895.50
-1.6% from close
Open interest
189,305
-2.0% vs prev
Contracts listed
5,343
2,532 calls · 2,923 puts

NDX closed 2.8% below its gamma max of 30,177.53. It is 0.5% above the delta neutral price of 29,216.11. Total open interest is 189,305, -2.0% versus the previous session. What gamma max means · What delta neutral means

One-year history

2025-092026-09
close delta neutral gamma max

Last 252 sessions

Sessions closed above gamma max2%
Gamma max crosses8
Delta neutral crosses22
Open interest percentile (1y)96th
Open interest change, 5 sessions+1.0%
Open interest change, 21 sessions+6.8%
History availableDec 1, 2020 → Sep 11, 2026

Recent crosses

  1. closed above delta neutral at 29,482.32 vs 29,174.31 (+1.0%)
  2. closed below delta neutral at 29,077.22 vs 29,154.91 (-0.3%)
  3. closed above delta neutral at 29,209.23 vs 29,098.39 (+0.4%)
  4. closed below delta neutral at 29,023.18 vs 29,101.16 (-0.3%)
  5. closed above delta neutral at 28,776.80 vs 28,500.04 (+1.0%)
  6. closed below delta neutral at 28,454.81 vs 28,772.40 (-1.1%)
  7. closed above delta neutral at 29,155.18 vs 28,903.97 (+0.9%)
  8. closed below delta neutral at 29,025.77 vs 29,130.85 (-0.4%)
  9. closed below gamma max at 29,320.66 vs 29,946.02 (-2.1%)
  10. closed above gamma max at 29,234.99 vs 29,101.69 (+0.5%)

In today's screens

Neighbours by open interest

Questions people ask about NDX

Where is NDX's gamma max today?

As of Sep 11, 2026, the gamma max for NDX is 30,177.53, +2.8% from the 29,368.44 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 NDX above or below its delta neutral price?

NDX closed above delta neutral: 29,368.44 against a delta neutral price of 29,216.11. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does NDX have?

189,305 contracts of open interest across 5,343 listed contracts on Sep 11, 2026, -2.0% 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.