Data through close

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

As of close · rank #353 by open interest · 1,399 sessions of history since Dec 1, 2020

SEDG's nearest-expiration max pain is 35.00 for 2026-10-16, its GEX flip is 30.04, net GEX is 2,504,461, its put/call open-interest ratio is 0.53. These are whole-chain derived aggregates as of Oct 9, 2026 close.

SEDG 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
35.00
+8.7% from close
Expiry: 2026-10-16
GEX flip
30.04
-6.7% from close
Net GEX
2,504,461
972,599 per 100k OI
Call wall
35.00
+8.7% from close
Put wall
30.00
-6.9% from close
Put/call OI
0.53
89,405 puts / 168,097 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
32.21
prev 32.47
Gamma max
41.23
+28.0% from close
Delta neutral
30.92
-4.0% from close
Gamma neutral
30.04
-6.7% from close
Open interest
257,502
-4.5% vs prev
Contracts listed
555
338 calls · 261 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
42.6
cross-sectional score / 100
Directional score
-15.0
relatively bearish positioning
IV rank
51.8
within trailing 52-week range
Front IV premium
-8.1 pp
front minus back volatility difference
25Δ risk reversal
13.3 pp
put IV minus call IV
IV butterfly
23.1 pp
front-window smile convexity
Volume / open interest
0.02
6,597 contracts traded
Normalized net delta
0.043
option-holder convention
Modeled dealer delta
-0.043
opposite-side scenario
Vanna / 100k OI
3,063
volatility-sensitive delta
Charm / 100k OI
-42,103
time-decay-sensitive delta
IV surface range
140.5 pp
aggregate volatility dispersion

Strongest relative signals: smile convexity 23.1 pp

Download the dated aggregate analysis JSON .

SEDG closed 28.0% below its gamma max of 41.23. It is 4.0% above the delta neutral price of 30.92. Total open interest is 257,502, -4.5% versus the previous session. Its options catalyst-intensity score is 42.6 out of 100, led by smile convexity 23.1 pp. 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.

SEDG call and put open interest changes
Measure Value
Call OI change, 1 session -7,325 contracts · -4.2%
Put OI change, 1 session -4,729 contracts · -5.0%
Call minus put OI growth, 1 session +0.8 pp
Call OI change, 5 sessions +2,637 contracts · +1.6%
Put OI change, 5 sessions +2,049 contracts · +2.3%
Call minus put OI growth, 5 sessions -0.8 pp
Daily call OI change surprise -0.90σ (252 prior changes)
Daily put OI change surprise -0.64σ (252 prior changes)
Daily call-minus-put growth surprise +0.24σ (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

Daily ticker aggregates through 2026-10-09. Contract-level charts are outside the public dataset.

Aggregate IV history

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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 9 completed Day +10 paths · latest Jun 3, 2026
SEDG 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. -32.0% -16.0% 0% +16.0% +32.0% Cross on Jan 7, 2021 Cross on Feb 16, 2023 Cross on May 9, 2025 Cross on Jul 7, 2025 Cross on Feb 25, 2026 Cross on Mar 23, 2026 Cross on May 18, 2026 Cross on May 22, 2026 Cross on Jun 3, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
SEDG historical gamma-max cross outcomes after closing below
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 9 -1.3% -3.1% to -1.1% 22% -3.4% to +2.0% 0.0%
Day +2 9 -3.8% -8.5% to +2.5% 44% -14.8% to +9.7% 0.0%
Day +3 9 -5.4% -9.6% to +7.6% 44% -9.7% to +14.1% 0.0%
Day +4 9 -3.1% -8.4% to +10.8% 44% -10.9% to +12.2% 0.0%
Day +5 9 +1.0% -8.4% to +11.0% 56% -10.6% to +22.4% 0.0%
Day +6 9 +3.6% -17.0% to +9.2% 56% -21.0% to +26.9% 0.0%
Day +7 9 +0.9% -17.9% to +11.0% 56% -19.4% to +19.5% 0.0%
Day +8 9 0.0% -18.5% to +4.3% 44% -18.7% to +18.1% 0.0%
Day +9 9 -3.5% -13.3% to +1.8% 44% -22.8% to +2.7% 0.0%
Day +10 9 -6.1% -15.0% to +3.8% 44% -15.8% to +9.1% 0.0%
Crosses above gamma max 8 completed Day +10 paths · latest May 26, 2026
SEDG 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. -24.0% -12.0% 0% +12.0% +24.0% Cross on Jan 6, 2021 Cross on Feb 15, 2023 Cross on Jul 3, 2025 Cross on Feb 24, 2026 Cross on Mar 20, 2026 Cross on May 15, 2026 Cross on May 21, 2026 Cross on May 26, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
SEDG historical gamma-max cross outcomes after closing above
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 8 -2.8% -8.7% to -0.2% 25% -9.6% to +3.5% 0.0%
Day +2 8 -5.6% -8.7% to +2.6% 38% -11.3% to +3.4% 0.0%
Day +3 8 -1.2% -10.3% to +2.8% 38% -14.4% to +7.9% 0.0%
Day +4 8 -0.2% -4.8% to +3.3% 50% -10.9% to +7.1% 0.0%
Day +5 8 -1.8% -8.3% to +3.0% 50% -12.2% to +11.1% 0.0%
Day +6 8 -3.4% -9.2% to +7.1% 38% -11.9% to +14.6% 0.0%
Day +7 8 -0.9% -11.2% to +7.2% 38% -18.2% to +18.6% 0.0%
Day +8 8 -8.5% -12.0% to +4.6% 38% -15.2% to +17.5% 0.0%
Day +9 8 -7.0% -10.9% to +0.4% 25% -14.6% to +16.1% 0.0%
Day +10 8 -7.4% -11.8% to -2.5% 25% -12.8% to +0.1% 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

SEDG trailing historical statistics
Sessions closed above gamma max 4%
Gamma max crosses 10
Delta neutral crosses 12
Prior-year sessions closer to gamma max 65.9% of 252
Prior-year sessions closer to delta neutral 13.9% of 252
Open interest percentile (1y) 71th
Daily open interest change versus prior year -0.80σ (-12,054 contracts; 252 prior changes)
Open interest change, 5 sessions +1.9%
Open interest change, 21 sessions -11.1%
History available Dec 1, 2020 → Oct 9, 2026

Recent crosses

  1. closed above delta neutral at 33.09 vs 31.07 (+6.1%)
  2. closed below delta neutral at 30.87 vs 30.96 (-0.3%)
  3. closed above delta neutral at 33.08 vs 30.43 (+8.0%)
  4. closed below delta neutral at 29.88 vs 30.36 (-1.6%)
  5. closed above delta neutral at 30.83 vs 30.18 (+2.1%)
  6. closed below delta neutral at 33.90 vs 38.36 (-13.1%)
  7. closed below gamma max at 74.02 vs 75.02 (-1.3%)
  8. closed above gamma max at 70.75 vs 68.69 (+2.9%)
  9. closed below gamma max at 61.95 vs 62.13 (-0.3%)
  10. closed above gamma max at 63.00 vs 61.25 (+2.8%)

In today's screens

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Neighbours by open interest

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

Questions people ask about SEDG

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

As of Oct 9, 2026 close, nearest-expiration max pain is 35.00 for the 2026-10-16 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 SEDG's gamma exposure and gamma flip show?

Signed net GEX is 2,504,461 as of Oct 9, 2026 close. The confirmed GEX flip is 30.04. 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 SEDG's gamma max today?

As of Oct 9, 2026, the gamma max for SEDG is 41.23, +28.0% from the 32.21 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 SEDG above or below its delta neutral price?

SEDG closed above delta neutral: 32.21 against a delta neutral price of 30.92. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does SEDG have?

257,502 contracts of open interest across 555 listed contracts on Oct 9, 2026, -4.5% 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.