Data through close

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

As of close · rank #1587 by open interest · snapshot page

PRAX's nearest-expiration max pain is 320.00 for 2026-10-16, its GEX flip is 273.83, net GEX is 107,004, its put/call open-interest ratio is 0.97. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
295.51
prev 286.91
Gamma max
411.84
+39.4% from close
Delta neutral
287.72
-2.6% from close
Gamma neutral
273.83
-7.3% from close
Open interest
19,555
+1.6% vs prev
Contracts listed
268
193 calls · 125 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
320.00
+8.3% from close
2026-10-16
GEX flip
273.83
-7.3% from close
Net GEX
107,004
547,195 per 100k OI
Call wall
350.00
+18.4% from close
Put wall
320.00
+8.3% from close
Put/call OI
0.97
9,621 puts / 9,934 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
49.8
within trailing 52-week range
Front / back ATM IV
+77.8% / +78.3%
-0.5 pp front premium
Expected move
+15.2%
14 DTE · one standard deviation
ATM straddle / spot
+11.7%
front-window midpoint premium
25Δ risk reversal
-1.7 pp
put IV minus call IV
IV butterfly
1.5 pp
front-window smile convexity
Volume / open interest
0.02
338 contracts traded
Normalized net delta
0.040
option-holder convention
Modeled dealer delta
-0.040
opposite-side scenario
Vanna / 100k OI
5,155
volatility-sensitive delta
Charm / 100k OI
-1,810,580
time-decay-sensitive delta
IV surface range
45.4 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

PRAX closed 39.4% below its gamma max of 411.84. It is 2.6% above the delta neutral price of 287.72. Total open interest is 19,555, +1.6% 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

Neighbours by open interest

Questions people ask about PRAX

Where is PRAX's gamma max today?

As of Oct 2, 2026, the gamma max for PRAX is 411.84, +39.4% from the 295.51 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 PRAX above or below its delta neutral price?

PRAX closed above delta neutral: 295.51 against a delta neutral price of 287.72. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does PRAX have?

19,555 contracts of open interest across 268 listed contracts on Oct 2, 2026, +1.6% 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.