SHEL gamma max, delta neutral & open interest levels
As of close · rank #371 by open interest · 1,080 sessions of history since Feb 1, 2022
SHEL closed 0.2% below its gamma max of 96.95. It is 8.9% above the delta neutral price of 88.12. That is a fresh cross: the previous close was on the other side of gamma max. Total open interest is 239,010, +0.6% versus the previous session. What gamma max means · What delta neutral means
One-year history
Last 252 sessions
| Sessions closed above gamma max | 13% |
| Gamma max crosses | 38 |
| Delta neutral crosses | 4 |
| Open interest percentile (1y) | 80th |
| Open interest change, 5 sessions | +0.7% |
| Open interest change, 21 sessions | -8.3% |
| History available | Feb 1, 2022 → Sep 11, 2026 |
Recent crosses
- closed below gamma max at 96.77 vs 96.95 (-0.2%)
- closed above gamma max at 95.60 vs 95.56 (+0.0%)
- closed below gamma max at 91.08 vs 91.08 (-0.0%)
- closed above gamma max at 91.98 vs 90.90 (+1.2%)
- closed below gamma max at 86.37 vs 90.88 (-5.2%)
- closed above gamma max at 88.38 vs 88.23 (+0.2%)
- closed above delta neutral at 76.53 vs 76.50 (+0.0%)
- closed below delta neutral at 77.70 vs 78.04 (-0.4%)
- closed above delta neutral at 78.81 vs 78.75 (+0.1%)
- closed below delta neutral at 80.38 vs 81.03 (-0.8%)
In today's screens
Neighbours by open interest
Questions people ask about SHEL
Where is SHEL's gamma max today?
As of Sep 11, 2026, the gamma max for SHEL is 96.95, +0.2% from the 96.77 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 SHEL above or below its delta neutral price?
SHEL closed above delta neutral: 96.77 against a delta neutral price of 88.12. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does SHEL have?
239,010 contracts of open interest across 419 listed contracts on Sep 11, 2026, +0.6% versus the previous session. What open interest measures.
Levels are recomputed after every trading day from end-of-day options data licensed from HistoricalOptionData.com; only derived aggregates are published. Methodology · Data and licence · Not investment advice.