PAA gamma max, delta neutral & open interest levels
As of close · rank #402 by open interest · 1,379 sessions of history since Dec 1, 2020
PAA closed 7.6% above its gamma max of 24.12. It is 15.8% above the delta neutral price of 21.99. Total open interest is 219,583, -0.5% versus the previous session. What gamma max means · What delta neutral means
One-year history
Last 252 sessions
| Sessions closed above gamma max | 52% |
| Gamma max crosses | 47 |
| Delta neutral crosses | 4 |
| Open interest percentile (1y) | 81th |
| Open interest change, 5 sessions | +0.2% |
| Open interest change, 21 sessions | +0.1% |
| History available | Dec 1, 2020 → Sep 11, 2026 |
Recent crosses
- closed above gamma max at 24.59 vs 23.98 (+2.5%)
- closed below gamma max at 23.75 vs 24.65 (-3.8%)
- closed above gamma max at 23.90 vs 23.82 (+0.3%)
- closed below gamma max at 24.20 vs 24.22 (-0.1%)
- closed above gamma max at 23.87 vs 23.42 (+1.9%)
- closed below gamma max at 23.75 vs 23.97 (-0.9%)
- closed above gamma max at 23.62 vs 22.38 (+5.3%)
- closed below gamma max at 23.54 vs 24.01 (-2.0%)
- closed above gamma max at 22.25 vs 22.08 (+0.7%)
- closed below gamma max at 22.24 vs 23.43 (-5.4%)
In today's screens
Not in any screen today. See all screens.
Neighbours by open interest
Questions people ask about PAA
Where is PAA's gamma max today?
As of Sep 11, 2026, the gamma max for PAA is 24.12, -7.6% from the 26.10 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 PAA above or below its delta neutral price?
PAA closed above delta neutral: 26.10 against a delta neutral price of 21.99. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does PAA have?
219,583 contracts of open interest across 199 listed contracts on Sep 11, 2026, -0.5% versus the previous session. What open interest measures.
Levels are recomputed after every trading day from end-of-day options data licensed from HistoricalOptionData.com; only derived aggregates are published. Methodology · Data and licence · Not investment advice.