Data through close

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

As of close · rank #91 by open interest · 869 sessions of history since Sep 29, 2022

POET's nearest-expiration max pain is 7.50 for 2026-10-09, net GEX is 35,987,262, its put/call open-interest ratio is 0.15. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
7.79
prev 7.64
Gamma max
8.80
+12.9% from close
Delta neutral
4.41
-43.4% from close
Gamma neutral
7.79
0.0% from close
Open interest
1,082,981
-3.0% vs prev
Contracts listed
434
309 calls · 203 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
7.50
-3.7% from close
2026-10-09
GEX flip
–
Net GEX
35,987,262
3,322,982 per 100k OI
Call wall
10.00
+28.4% from close
Put wall
8.00
+2.7% from close
Put/call OI
0.15
140,391 puts / 942,590 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
46.5
cross-sectional score / 100
Directional score
30.6
relatively bullish positioning
IV rank
21.6
within trailing 52-week range
Front / back ATM IV
+75.5% / +85.5%
-10.0 pp front premium
Expected move
+10.5%
7 DTE · one standard deviation
ATM straddle / spot
+8.5%
front-window midpoint premium
25Δ risk reversal
-3.7 pp
put IV minus call IV
IV butterfly
-4.6 pp
front-window smile convexity
Volume / open interest
0.05
60,749 contracts traded
Normalized net delta
0.248
option-holder convention
Modeled dealer delta
-0.247
opposite-side scenario
Vanna / 100k OI
2,387
volatility-sensitive delta
Charm / 100k OI
-26,712
time-decay-sensitive delta
IV surface range
147.1 pp
published contour maximum minus minimum

Strongest relative signals: 7d expected move +10.5%

Download the complete dated analysis JSON .

POET closed 12.9% below its gamma max of 8.80. It is 43.4% above the delta neutral price of 4.41. Total open interest is 1,082,981, -3.0% versus the previous session. Its options catalyst-intensity score is 46.5 out of 100, led by 7d expected move +10.5%. What gamma max means · What delta neutral means

Call versus put open interest changes

Growth compares outstanding contracts on each side. A positive growth gap favors calls; a negative gap favors puts. Standardized surprises compare each measure with its own prior history. These describe the OI balance, not IV skew or buying direction.

POET call and put open interest changes
Measure Value
Call OI change, 1 session -22,455 contracts · -2.3%
Put OI change, 1 session -11,125 contracts · -7.3%
Call minus put OI growth, 1 session +5.0 pp
Call OI change, 5 sessions +5,415 contracts · +0.6%
Put OI change, 5 sessions -2,741 contracts · -1.9%
Call minus put OI growth, 5 sessions +2.5 pp
Daily call OI change surprise -0.57σ (252 prior changes)
Daily put OI change surprise -0.66σ (252 prior changes)
Daily call-minus-put growth surprise +0.64σ (252 prior changes)

History

2025-10 2026-10
close delta neutral gamma max
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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What followed prior gamma-max crosses?

Each historical path starts at 0% on the cross date and follows the close for ten subsequent trading sessions. Cohorts use the same direction as labelled and require gamma max to be within 10% of the close on both crossing sessions.

Crosses below gamma max 47 completed Day +10 paths · latest Sep 9, 2026
POET returns after crossing below gamma max Historical close-to-close return paths from Day 0 through Day 10, with the median, middle fifty percent, and a nominal confidence interval for the median. -56.0% -28.0% 0% +28.0% +56.0% Cross on Feb 24, 2023 Cross on May 7, 2024 Cross on Sep 6, 2024 Cross on Sep 10, 2024 Cross on Sep 20, 2024 Cross on Oct 2, 2024 Cross on Oct 10, 2024 Cross on Oct 29, 2024 Cross on Oct 31, 2024 Cross on Nov 4, 2024 Cross on Nov 11, 2024 Cross on Nov 13, 2024 Cross on Nov 18, 2024 Cross on Nov 27, 2024 Cross on Dec 5, 2024 Cross on Dec 11, 2024 Cross on Apr 22, 2025 Cross on May 13, 2025 Cross on May 21, 2025 Cross on Jul 24, 2025 Cross on Jul 31, 2025 Cross on Aug 5, 2025 Cross on Aug 12, 2025 Cross on Aug 15, 2025 Cross on Aug 29, 2025 Cross on Sep 29, 2025 Cross on Oct 22, 2025 Cross on Oct 27, 2025 Cross on Nov 20, 2025 Cross on Nov 26, 2025 Cross on Dec 1, 2025 Cross on Dec 12, 2025 Cross on Dec 16, 2025 Cross on Dec 23, 2025 Cross on Mar 4, 2026 Cross on Mar 9, 2026 Cross on Mar 13, 2026 Cross on May 6, 2026 Cross on May 11, 2026 Cross on May 15, 2026 Cross on May 26, 2026 Cross on Jun 2, 2026 Cross on Jul 20, 2026 Cross on Jul 22, 2026 Cross on Aug 12, 2026 Cross on Aug 18, 2026 Cross on Sep 9, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
POET historical gamma-max cross outcomes after closing below
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 47 0.0% -1.6% to +2.4% 49% -0.8% to +1.2% 0.0%
Day +2 47 +0.6% -3.3% to +5.7% 55% -0.8% to +2.9% 0.0%
Day +3 47 +0.2% -4.9% to +7.8% 51% -2.5% to +4.4% 0.0%
Day +4 47 +0.3% -5.4% to +9.2% 53% -3.3% to +4.3% 0.0%
Day +5 47 +1.3% -6.3% to +9.8% 55% -3.9% to +6.0% 0.0%
Day +6 47 +0.1% -5.6% to +15.2% 51% -0.8% to +6.2% 0.0%
Day +7 47 +3.4% -5.8% to +9.9% 60% -0.6% to +7.5% 0.0%
Day +8 47 +2.8% -7.5% to +7.9% 60% -0.6% to +6.6% 0.0%
Day +9 47 +2.5% -5.8% to +12.9% 64% +0.2% to +4.9% +0.2%
Day +10 47 +0.6% -8.9% to +12.5% 53% -4.0% to +5.8% 0.0%
Crosses above gamma max 41 completed Day +10 paths · latest Sep 8, 2026
POET returns after crossing above gamma max Historical close-to-close return paths from Day 0 through Day 10, with the median, middle fifty percent, and a nominal confidence interval for the median. -52.0% -26.0% 0% +26.0% +52.0% Cross on Mar 2, 2023 Cross on Sep 9, 2024 Cross on Sep 11, 2024 Cross on Oct 3, 2024 Cross on Oct 16, 2024 Cross on Oct 30, 2024 Cross on Nov 1, 2024 Cross on Nov 7, 2024 Cross on Nov 12, 2024 Cross on Nov 15, 2024 Cross on Nov 19, 2024 Cross on Nov 29, 2024 Cross on Dec 6, 2024 Cross on Dec 20, 2024 Cross on Apr 21, 2025 Cross on May 9, 2025 Cross on May 16, 2025 Cross on Jun 25, 2025 Cross on Aug 4, 2025 Cross on Aug 8, 2025 Cross on Aug 14, 2025 Cross on Aug 28, 2025 Cross on Sep 19, 2025 Cross on Oct 1, 2025 Cross on Oct 24, 2025 Cross on Nov 21, 2025 Cross on Nov 28, 2025 Cross on Dec 15, 2025 Cross on Dec 22, 2025 Cross on Jan 14, 2026 Cross on Mar 6, 2026 Cross on Mar 10, 2026 Cross on May 14, 2026 Cross on May 22, 2026 Cross on Jun 1, 2026 Cross on Jun 3, 2026 Cross on Jul 17, 2026 Cross on Jul 21, 2026 Cross on Aug 14, 2026 Cross on Aug 28, 2026 Cross on Sep 8, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
POET historical gamma-max cross outcomes after closing above
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 41 -0.4% -3.7% to +1.2% 41% -2.2% to +0.4% 0.0%
Day +2 41 -1.1% -6.7% to +3.0% 41% -5.3% to +1.8% 0.0%
Day +3 41 -2.8% -7.5% to +3.5% 41% -5.2% to +2.4% 0.0%
Day +4 41 -5.5% -10.6% to +4.4% 39% -7.3% to +2.9% 0.0%
Day +5 41 -5.0% -11.6% to +9.8% 41% -8.2% to +5.1% 0.0%
Day +6 41 -4.1% -12.2% to +8.7% 44% -10.7% to +4.9% 0.0%
Day +7 41 -5.7% -13.0% to +6.7% 49% -9.7% to +4.5% 0.0%
Day +8 41 -2.4% -12.4% to +6.5% 39% -8.4% to +1.7% 0.0%
Day +9 41 -1.5% -12.1% to +10.1% 44% -7.7% to +5.7% 0.0%
Day +10 41 -2.1% -11.3% to +20.5% 39% -5.6% to +2.4% 0.0%

Returns are close-to-close after the labelled number of subsequent trading sessions. The confidence floor is the closest-to-zero bound of the order-statistic median interval; it is zero when that interval spans zero. Its coverage is nominally at least 90% under independent observations. Historical paths can overlap, so the interval and floor are descriptive uncertainty guides rather than formal coverage guarantees. Historical, not a forecast.

Last 252 sessions

POET trailing historical statistics
Sessions closed above gamma max 39%
Gamma max crosses 57
Delta neutral crosses 0
Prior-year sessions closer to gamma max 67.1% of 252
Prior-year sessions closer to delta neutral 12.7% of 252
Open interest percentile (1y) 68th
Daily open interest change versus prior year -0.64σ (-33,580 contracts; 252 prior changes)
Open interest change, 5 sessions +0.2%
Open interest change, 21 sessions +2.3%
History available Sep 29, 2022 → Oct 2, 2026

Recent crosses

  1. closed below gamma max at 8.00 vs 8.49 (-6.2%)
  2. closed above gamma max at 8.31 vs 8.11 (+2.4%)
  3. closed below gamma max at 7.46 vs 8.56 (-14.7%)
  4. closed above gamma max at 7.50 vs 7.27 (+3.1%)
  5. closed below gamma max at 8.48 vs 9.05 (-6.7%)
  6. closed above gamma max at 9.58 vs 9.17 (+4.3%)
  7. closed below gamma max at 8.87 vs 8.91 (-0.5%)
  8. closed above gamma max at 8.57 vs 7.68 (+10.4%)
  9. closed below gamma max at 7.65 vs 8.35 (-9.2%)
  10. closed above gamma max at 8.37 vs 8.20 (+2.0%)

In today's screens

Neighbours by open interest

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Canonical source: https://halfonadouble.com/stock/POET

Questions people ask about POET

Where is POET's gamma max today?

As of Oct 2, 2026, the gamma max for POET is 8.80, +12.9% from the 7.79 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 POET above or below its delta neutral price?

POET closed above delta neutral: 7.79 against a delta neutral price of 4.41. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does POET have?

1,082,981 contracts of open interest across 434 listed contracts on Oct 2, 2026, -3.0% 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.