Data through close

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

As of close · rank #2424 by open interest · snapshot page

PAVE's nearest-expiration max pain is 54.00 for 2026-10-16, its GEX flip is 38.88, net GEX is 883,204, its put/call open-interest ratio is 0.39. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
53.88
prev 53.04
Gamma max
54.62
+1.4% from close
Delta neutral
47.93
-11.0% from close
Gamma neutral
38.88
-27.8% from close
Open interest
6,234
+2.1% vs prev
Contracts listed
123
80 calls · 50 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
54.00
+0.2% from close
2026-10-16
GEX flip
38.88
-27.8% from close
Net GEX
883,204
14,167,539 per 100k OI
Call wall
50.00
-7.2% from close
Put wall
50.00
-7.2% from close
Put/call OI
0.39
1,765 puts / 4,469 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
6.5
within trailing 52-week range
Front / back ATM IV
+26.9% / +25.1%
1.9 pp front premium
Expected move
+5.3%
14 DTE · one standard deviation
ATM straddle / spot
+4.1%
front-window midpoint premium
25Δ risk reversal
-9.7 pp
put IV minus call IV
IV butterfly
0.8 pp
front-window smile convexity
Volume / open interest
0.02
148 contracts traded
Normalized net delta
0.303
option-holder convention
Modeled dealer delta
-0.302
opposite-side scenario
Vanna / 100k OI
-192
volatility-sensitive delta
Charm / 100k OI
-165,496
time-decay-sensitive delta
IV surface range
48.7 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

PAVE closed 1.4% below its gamma max of 54.62. It is 11.0% above the delta neutral price of 47.93. Total open interest is 6,234, +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

Questions people ask about PAVE

Where is PAVE's gamma max today?

As of Oct 2, 2026, the gamma max for PAVE is 54.62, +1.4% from the 53.88 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 PAVE above or below its delta neutral price?

PAVE closed above delta neutral: 53.88 against a delta neutral price of 47.93. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does PAVE have?

6,234 contracts of open interest across 123 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.