Data through close

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

As of close · rank #1381 by open interest · snapshot page

Chart Download CSV JSON snapshot Advanced analysis

OPTU's nearest-expiration max pain is 1.00 for 2026-10-16, net GEX is -78,763, its put/call open-interest ratio is 1.58. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
0.92
prev 0.94
Gamma max
5.00
+446.0% from close
Delta neutral
1.35
+47.4% from close
Gamma neutral
0.92
0.0% from close
Open interest
26,033
+0.7% vs prev
Contracts listed
30
37 calls · 24 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
1.00
+9.2% from close
2026-10-16
GEX flip
–
Net GEX
-78,763
-302,552 per 100k OI
Call wall
1.00
+9.2% from close
Put wall
1.00
+9.2% from close
Put/call OI
1.58
15,927 puts / 10,106 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
72.0
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
25.8 pp
put IV minus call IV
IV butterfly
– pp
front-window smile convexity
Volume / open interest
0.01
192 contracts traded
Normalized net delta
0.021
option-holder convention
Modeled dealer delta
-0.017
opposite-side scenario
Vanna / 100k OI
-1,425
volatility-sensitive delta
Charm / 100k OI
-4,214
time-decay-sensitive delta
IV surface range
25.9 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

OPTU closed 446.0% below its gamma max of 5.00. It is 47.4% below the delta neutral price of 1.35. Total open interest is 26,033, +0.7% 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

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Neighbours by open interest

← TPL (#1380) VIST (#1382) →

Questions people ask about OPTU

Where is OPTU's gamma max today?

As of Oct 2, 2026, the gamma max for OPTU is 5.00, +446.0% from the 0.92 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 OPTU above or below its delta neutral price?

OPTU closed below delta neutral: 0.92 against a delta neutral price of 1.35. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does OPTU have?

26,033 contracts of open interest across 30 listed contracts on Oct 2, 2026, +0.7% 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.