Data through close

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

As of close · rank #2399 by open interest · snapshot page

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OTEX's nearest-expiration max pain is 22.50 for 2026-10-16, its GEX flip is 20.02, net GEX is 154,307, its put/call open-interest ratio is 0.49. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
22.22
prev 22.40
Gamma max
26.94
+21.3% from close
Delta neutral
21.90
-1.4% from close
Gamma neutral
20.02
-9.9% from close
Open interest
6,477
+2.1% vs prev
Contracts listed
65
42 calls · 33 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
22.50
+1.3% from close
2026-10-16
GEX flip
20.02
-9.9% from close
Net GEX
154,307
2,382,380 per 100k OI
Call wall
25.00
+12.5% from close
Put wall
22.50
+1.3% from close
Put/call OI
0.49
2,119 puts / 4,358 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
13.1
within trailing 52-week range
Front / back ATM IV
+42.0% / +43.8%
-1.8 pp front premium
Expected move
+8.2%
14 DTE · one standard deviation
ATM straddle / spot
+6.4%
front-window midpoint premium
25Δ risk reversal
-18.6 pp
put IV minus call IV
IV butterfly
– pp
front-window smile convexity
Volume / open interest
0.00
16 contracts traded
Normalized net delta
0.029
option-holder convention
Modeled dealer delta
-0.029
opposite-side scenario
Vanna / 100k OI
4,508
volatility-sensitive delta
Charm / 100k OI
22,294
time-decay-sensitive delta
IV surface range
52.2 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

OTEX closed 21.3% below its gamma max of 26.94. It is 1.4% above the delta neutral price of 21.90. Total open interest is 6,477, +2.1% 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

← CPIX (#2398) SON (#2400) →

Questions people ask about OTEX

Where is OTEX's gamma max today?

As of Oct 2, 2026, the gamma max for OTEX is 26.94, +21.3% from the 22.22 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 OTEX above or below its delta neutral price?

OTEX closed above delta neutral: 22.22 against a delta neutral price of 21.90. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does OTEX have?

6,477 contracts of open interest across 65 listed contracts on Oct 2, 2026, +2.1% 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.