NNE max pain, gamma exposure (GEX) & options open interest
As of close · rank #591 by open interest · 497 sessions of history since Oct 10, 2024
NNE's nearest-expiration max pain is 17.50 for 2026-10-09, its GEX flip is 10.50, net GEX is 2,388,315, its put/call open-interest ratio is 0.37. 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: 7d expected move +9.4%
NNE closed 27.8% below its gamma max of 19.96. It is 3.1% below the delta neutral price of 16.11. Total open interest is 115,093, -2.2% versus the previous session. Its options catalyst-intensity score is 44.6 out of 100, led by 7d expected move +9.4%. 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 | -308 contracts · -0.4% |
| Put OI change, 1 session | -2,258 contracts · -6.8% |
| Call minus put OI growth, 1 session | +6.5 pp |
| Call OI change, 5 sessions | +7,103 contracts · +9.2% |
| Put OI change, 5 sessions | -170 contracts · -0.5% |
| Call minus put OI growth, 5 sessions | +9.8 pp |
| Daily call OI change surprise | -0.05σ (252 prior changes) |
| Daily put OI change surprise | -0.50σ (252 prior changes) |
| Daily call-minus-put growth surprise | +1.74σ (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 17 completed Day +10 paths · latest May 27, 2026
| Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
|---|---|---|---|---|---|---|
| Day +1 | 17 | -2.5% | -6.9% to +0.0% | 29% | -6.9% to +0.0% | 0.0% |
| Day +2 | 17 | +1.2% | -6.1% to +5.3% | 59% | -6.1% to +5.3% | 0.0% |
| Day +3 | 17 | -1.9% | -8.0% to +1.5% | 35% | -8.0% to +1.5% | 0.0% |
| Day +4 | 17 | -7.5% | -11.5% to +1.3% | 29% | -11.5% to +1.3% | 0.0% |
| Day +5 | 17 | -6.1% | -13.7% to -1.0% | 24% | -13.7% to -1.0% | -1.0% |
| Day +6 | 17 | -7.1% | -12.3% to +0.2% | 29% | -12.3% to +0.2% | 0.0% |
| Day +7 | 17 | -9.6% | -13.8% to -2.3% | 24% | -13.8% to -2.3% | -2.3% |
| Day +8 | 17 | -5.6% | -14.4% to -1.3% | 24% | -14.4% to -1.3% | -1.3% |
| Day +9 | 17 | -5.8% | -12.5% to +7.9% | 35% | -12.5% to +7.9% | 0.0% |
| Day +10 | 17 | -6.1% | -9.6% to +6.3% | 47% | -9.6% to +6.3% | 0.0% |
Crosses above gamma max 16 completed Day +10 paths · latest May 26, 2026
| Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
|---|---|---|---|---|---|---|
| Day +1 | 16 | -3.0% | -4.8% to -0.5% | 25% | -4.4% to -1.2% | -1.2% |
| Day +2 | 16 | -6.3% | -11.6% to -2.2% | 19% | -11.4% to -2.4% | -2.4% |
| Day +3 | 16 | -2.8% | -12.2% to +0.4% | 25% | -11.6% to -0.3% | -0.3% |
| Day +4 | 16 | -5.9% | -14.7% to +0.1% | 25% | -14.5% to -0.5% | -0.5% |
| Day +5 | 16 | -5.3% | -15.8% to +2.4% | 31% | -14.8% to +1.5% | 0.0% |
| Day +6 | 16 | -5.4% | -15.9% to +0.1% | 25% | -15.0% to -0.3% | -0.3% |
| Day +7 | 16 | -9.2% | -14.6% to +1.3% | 31% | -14.5% to +0.9% | 0.0% |
| Day +8 | 16 | -10.6% | -17.5% to +1.3% | 31% | -17.2% to +0.9% | 0.0% |
| Day +9 | 16 | -10.2% | -14.3% to -0.3% | 25% | -13.0% to -1.2% | -1.2% |
| Day +10 | 16 | -11.8% | -17.6% to +4.9% | 38% | -17.5% to +4.8% | 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 | 4% |
| Gamma max crosses | 18 |
| Delta neutral crosses | 35 |
| Prior-year sessions closer to gamma max | 75.4% of 252 |
| Prior-year sessions closer to delta neutral | 24.2% of 252 |
| Open interest percentile (1y) | 59th |
| Daily open interest change versus prior year | -0.24σ (-2,566 contracts; 252 prior changes) |
| Open interest change, 5 sessions | +6.4% |
| Open interest change, 21 sessions | +7.5% |
| History available | Oct 10, 2024 → Oct 2, 2026 |
Recent crosses
- closed below delta neutral at 16.16 vs 16.49 (-2.1%)
- closed above delta neutral at 16.99 vs 16.87 (+0.7%)
- closed below delta neutral at 17.02 vs 17.07 (-0.3%)
- closed above delta neutral at 17.01 vs 16.74 (+1.6%)
- closed below delta neutral at 17.36 vs 17.86 (-2.9%)
- closed above delta neutral at 19.35 vs 18.44 (+4.7%)
- closed below delta neutral at 18.29 vs 18.46 (-0.9%)
- closed above delta neutral at 19.24 vs 18.49 (+3.9%)
- closed below delta neutral at 18.27 vs 18.33 (-0.3%)
- closed above delta neutral at 18.85 vs 18.32 (+2.8%)
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/NNE
Questions people ask about NNE
Where is NNE's gamma max today?
As of Oct 2, 2026, the gamma max for NNE is 19.96, +27.8% from the 15.62 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 NNE above or below its delta neutral price?
NNE closed below delta neutral: 15.62 against a delta neutral price of 16.11. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does NNE have?
115,093 contracts of open interest across 454 listed contracts on Oct 2, 2026, -2.2% 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.