Data through close

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

As of close · rank #1198 by open interest · snapshot page

Chart Download CSV JSON snapshot Advanced analysis

OLN's nearest-expiration max pain is 17.50 for 2026-10-16, its GEX flip is 19.87, net GEX is -19,660, its put/call open-interest ratio is 0.59. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
15.90
prev 15.96
Gamma max
24.50
+54.1% from close
Delta neutral
16.42
+3.3% from close
Gamma neutral
19.87
+25.0% from close
Open interest
34,894
+0.9% vs prev
Contracts listed
111
77 calls · 49 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
17.50
+10.1% from close
2026-10-16
GEX flip
19.87
+25.0% from close
Net GEX
-19,660
-56,341 per 100k OI
Call wall
17.50
+10.1% from close
Put wall
17.50
+10.1% from close
Put/call OI
0.59
12,956 puts / 21,938 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
31.8
within trailing 52-week range
Front / back ATM IV
– / –
– pp front premium
Expected move
–
– DTE · one standard deviation
ATM straddle / spot
–
front-window midpoint premium
25Δ risk reversal
-250.4 pp
put IV minus call IV
IV butterfly
– pp
front-window smile convexity
Volume / open interest
0.01
196 contracts traded
Normalized net delta
-0.022
option-holder convention
Modeled dealer delta
0.022
opposite-side scenario
Vanna / 100k OI
3,769
volatility-sensitive delta
Charm / 100k OI
-1,724,147
time-decay-sensitive delta
IV surface range
211.4 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

OLN closed 54.1% below its gamma max of 24.50. It is 3.3% below the delta neutral price of 16.42. Total open interest is 34,894, +0.9% 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

Chart loads when this section is in view.

In today's screens

Not in any screen today. See all screens.

Neighbours by open interest

← WOOF (#1197) BUG (#1199) →

Questions people ask about OLN

Where is OLN's gamma max today?

As of Oct 2, 2026, the gamma max for OLN is 24.50, +54.1% from the 15.90 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 OLN above or below its delta neutral price?

OLN closed below delta neutral: 15.90 against a delta neutral price of 16.42. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does OLN have?

34,894 contracts of open interest across 111 listed contracts on Oct 2, 2026, +0.9% 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.