Data through close

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

As of close · rank #3975 by open interest · snapshot page

SHG's nearest-expiration max pain is 80.00 for 2026-10-16, its GEX flip is 55.05, net GEX is 103,892, its put/call open-interest ratio is 0.18. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
78.03
prev 76.60
Gamma max
81.53
+4.5% from close
Delta neutral
63.98
-18.0% from close
Gamma neutral
55.05
-29.5% from close
Open interest
585
+1.2% vs prev
Contracts listed
35
20 calls · 18 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
80.00
+2.5% from close
2026-10-16
GEX flip
55.05
-29.5% from close
Net GEX
103,892
17,759,281 per 100k OI
Call wall
80.00
+2.5% from close
Put wall
80.00
+2.5% from close
Put/call OI
0.18
89 puts / 496 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
12.7
within trailing 52-week range
Front / back ATM IV
+46.7% / +33.5%
13.2 pp front premium
Expected move
+9.1%
14 DTE · one standard deviation
ATM straddle / spot
–
front-window midpoint premium
25Δ risk reversal
– pp
put IV minus call IV
IV butterfly
– pp
front-window smile convexity
Volume / open interest
0.00
0 contracts traded
Normalized net delta
0.321
option-holder convention
Modeled dealer delta
-0.313
opposite-side scenario
Vanna / 100k OI
171
volatility-sensitive delta
Charm / 100k OI
0
time-decay-sensitive delta
IV surface range
34.1 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

SHG closed 4.5% below its gamma max of 81.53. It is 18.0% above the delta neutral price of 63.98. Total open interest is 585, +1.2% versus the previous session. What gamma max means · What delta neutral means

History

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Analysis visualizations

Derived from the 2026-10-02 options chain. Select an analysis to explore its chart.

Gamma walls

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Neighbours by open interest

Questions people ask about SHG

Where is SHG's gamma max today?

As of Oct 2, 2026, the gamma max for SHG is 81.53, +4.5% from the 78.03 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 SHG above or below its delta neutral price?

SHG closed above delta neutral: 78.03 against a delta neutral price of 63.98. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does SHG have?

585 contracts of open interest across 35 listed contracts on Oct 2, 2026, +1.2% 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.