Data through close

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

As of close · rank #3517 by open interest · snapshot page

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OPLN's nearest-expiration max pain is 30.00 for 2026-10-16, its GEX flip is 43.98, net GEX is 31,514, its put/call open-interest ratio is 0.92. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
35.53
prev 34.87
Gamma max
34.69
-2.4% from close
Delta neutral
37.03
+4.2% from close
Gamma neutral
43.98
+23.8% from close
Open interest
1,288
+1.9% vs prev
Contracts listed
33
19 calls · 19 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
30.00
-15.6% from close
2026-10-16
GEX flip
43.98
+23.8% from close
Net GEX
31,514
2,446,705 per 100k OI
Call wall
35.00
-1.5% from close
Put wall
40.00
+12.6% from close
Put/call OI
0.92
617 puts / 671 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
24.4
within trailing 52-week range
Front / back ATM IV
+34.2% / +38.2%
-4.0 pp front premium
Expected move
+6.7%
14 DTE · one standard deviation
ATM straddle / spot
+5.3%
front-window midpoint premium
25Δ risk reversal
-46.8 pp
put IV minus call IV
IV butterfly
– pp
front-window smile convexity
Volume / open interest
0.01
16 contracts traded
Normalized net delta
-0.103
option-holder convention
Modeled dealer delta
0.099
opposite-side scenario
Vanna / 100k OI
-1,630
volatility-sensitive delta
Charm / 100k OI
-1,550,155
time-decay-sensitive delta
IV surface range
72.8 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

OPLN closed 2.4% above its gamma max of 34.69. It is 4.2% below the delta neutral price of 37.03. That is a fresh cross: the previous close was on the other side of gamma max. Total open interest is 1,288, +1.9% 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

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In today's screens

Neighbours by open interest

← SKT (#3516) RHP (#3518) →

Questions people ask about OPLN

Where is OPLN's gamma max today?

As of Oct 2, 2026, the gamma max for OPLN is 34.69, -2.4% from the 35.53 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 OPLN above or below its delta neutral price?

OPLN closed below delta neutral: 35.53 against a delta neutral price of 37.03. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does OPLN have?

1,288 contracts of open interest across 33 listed contracts on Oct 2, 2026, +1.9% 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.