Data through close

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

As of close

PTC's nearest-expiration max pain is 190.00 for the Fri, Nov 20, 2026 expiration, 3.1% below the 196.00 close; all-expiration max pain is 190.00; the GEX flip is 147.98; net GEX is 20.28M (modeled dollar-delta change per $1 move); the put/call open-interest ratio is 0.51. These are whole-chain derived aggregates as of Nov 13, 2026 close.

PTC max pain and GEX snapshot

End-of-day snapshot for . Nearest-expiration max pain uses the expiry shown on its card; GEX uses the whole chain. Missing values are unavailable, not zero.

Nearest-expiration max pain
190.00
-3.1% from close
Expiry: Fri, Nov 20, 2026
All-expiration max pain: 190.00
GEX flip (gamma neutral)
147.98
-24.5% from close
Net GEX
20,276,246
38,736,524 per 100k OI
Call wall
200.00
+2.0% from close
Put wall
190.00
-3.1% from close
Put/call OI
0.51
17,727 puts / 34,617 calls

Prices are in US dollars per share. Net GEX is modeled dollar-delta change per $1 underlying move. Max pain minimizes aggregate intrinsic payout for that expiration; it is not a closing-price forecast. Signed GEX uses calls positive and puts negative, a model convention rather than observed dealer inventory. The flip is a confirmed zero crossing; walls locate side-specific concentrations, not guaranteed support or resistance.

Learn how to read the max pain payout example, GEX chart, gamma flip and walls, and open interest versus trading volume.

Close
196.00
prev 196.25
Gamma max
198.48
+1.3% from close
Delta neutral
191.36
-2.4% from close
Gamma neutral (GEX flip)
147.98
-24.5% from close
Open interest
52,344
+0.0% vs prev
Contracts listed
131
95 calls · 85 puts

Advanced options analysis

Public aggregate 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
6.1
within trailing 52-week range
Front IV premium
17.9 pp
front minus back volatility difference
25Δ risk reversal
8.8 pp
put IV minus call IV
IV butterfly
– pp
front-window smile convexity
Volume / open interest
0.04
2,093 contracts traded
Normalized net delta
0.241
option-holder convention
Modeled dealer delta
-0.239
opposite-side scenario
Vanna / 100k OI
4,673
volatility-sensitive delta
Charm / 100k OI
-902,220
time-decay-sensitive delta
IV surface range
134.8 pp
aggregate volatility dispersion

Download the dated aggregate analysis JSON .

PTC closed 1.3% below its gamma max of 198.48. It is 2.4% above the delta neutral price of 191.36. Total open interest is 52,344, +0.0% 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

Daily ticker aggregates through 2026-11-13. This analysis view omits individual contract fields.

To see all-expiration max pain over time, open the History chart and select “All-expiration max pain” under More series.

Aggregate IV history

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Swipe chart sideways to see the full range.

In today's screens

Neighbours by open interest

Cite or embed this snapshot

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

Questions people ask about PTC

What is PTC's max pain for the nearest expiration?

As of Nov 13, 2026 close, nearest-expiration max pain is 190.00 for the Fri, Nov 20, 2026 expiration. It is a payout-minimizing strike for one expiration. An all-expiration pooled value is a different comparison, and neither establishes where the underlying will close. Max pain definition and worked payout example.

Our 2025 max-pain study compares historical Thursday levels with Friday underlying closes and an unchanged-price baseline. Its scope and results are separate from this current ticker snapshot.

What do PTC's gamma exposure and gamma flip show?

Signed net GEX is 20,276,246 as of Nov 13, 2026 close. The confirmed GEX flip is 147.98. These aggregate model outputs use calls positive and puts negative. Their sign does not identify dealers' actual positions or predict the next move. How to interpret GEX, gamma flip and walls.

Where is PTC's gamma max today?

As of Nov 13, 2026, the gamma max for PTC is 198.48, +1.3% from the 196.00 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 PTC above or below its delta neutral price?

PTC closed above delta neutral: 196.00 against a delta neutral price of 191.36. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does PTC have?

52,344 contracts of open interest across 131 listed contracts on Nov 13, 2026, +0.0% 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.