Data through close

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

As of close · rank #1475 by open interest · snapshot page

SHW's nearest-expiration max pain is 320.00 for 2026-10-16, its GEX flip is 320.51, net GEX is -119,036, its put/call open-interest ratio is 0.84. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
319.51
prev 320.78
Gamma max
355.31
+11.2% from close
Delta neutral
321.08
+0.5% from close
Gamma neutral
320.51
+0.3% from close
Open interest
22,945
+0.8% vs prev
Contracts listed
324
204 calls · 155 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
+0.2% from close
2026-10-16
GEX flip
320.51
+0.3% from close
Net GEX
-119,036
-518,790 per 100k OI
Call wall
340.00
+6.4% from close
Put wall
300.00
-6.1% from close
Put/call OI
0.84
10,479 puts / 12,466 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
11.2
within trailing 52-week range
Front / back ATM IV
+25.9% / +29.7%
-3.7 pp front premium
Expected move
+5.1%
14 DTE · one standard deviation
ATM straddle / spot
+3.9%
front-window midpoint premium
25Δ risk reversal
-1.0 pp
put IV minus call IV
IV butterfly
11.7 pp
front-window smile convexity
Volume / open interest
0.01
243 contracts traded
Normalized net delta
-0.001
option-holder convention
Modeled dealer delta
0.001
opposite-side scenario
Vanna / 100k OI
4,894
volatility-sensitive delta
Charm / 100k OI
-22,031
time-decay-sensitive delta
IV surface range
107.2 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

SHW closed 11.2% below its gamma max of 355.31. It is 0.5% below the delta neutral price of 321.08. Total open interest is 22,945, +0.8% 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

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Neighbours by open interest

Questions people ask about SHW

Where is SHW's gamma max today?

As of Oct 2, 2026, the gamma max for SHW is 355.31, +11.2% from the 319.51 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 SHW above or below its delta neutral price?

SHW closed below delta neutral: 319.51 against a delta neutral price of 321.08. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does SHW have?

22,945 contracts of open interest across 324 listed contracts on Oct 2, 2026, +0.8% 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.