SMCI gamma max, delta neutral & open interest levels
As of close · rank #52 by open interest · 1,379 sessions of history since Dec 1, 2020
SMCI closed 2.9% below its gamma max of 41.25. It is 20.9% above the delta neutral price of 31.73. Total open interest is 2,128,855, -7.2% versus the previous session. What gamma max means · What delta neutral means
One-year history
Last 252 sessions
| Sessions closed above gamma max | 9% |
| Gamma max crosses | 26 |
| Delta neutral crosses | 36 |
| Open interest percentile (1y) | 23th |
| Open interest change, 5 sessions | -7.7% |
| Open interest change, 21 sessions | -17.3% |
| History available | Dec 1, 2020 → Sep 11, 2026 |
Recent crosses
- closed below gamma max at 39.84 vs 40.13 (-0.7%)
- closed above gamma max at 37.61 vs 34.73 (+7.7%)
- closed below gamma max at 30.32 vs 30.48 (-0.5%)
- closed above gamma max at 31.69 vs 30.72 (+3.1%)
- closed above delta neutral at 27.73 vs 26.75 (+3.5%)
- closed below delta neutral at 25.70 vs 26.47 (-3.0%)
- closed below gamma max at 31.20 vs 32.39 (-3.8%)
- closed above gamma max at 30.56 vs 28.23 (+7.6%)
- closed above delta neutral at 25.50 vs 25.10 (+1.6%)
- closed below delta neutral at 24.68 vs 25.98 (-5.3%)
In today's screens
Neighbours by open interest
Questions people ask about SMCI
Where is SMCI's gamma max today?
As of Sep 11, 2026, the gamma max for SMCI is 41.25, +2.9% from the 40.10 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 SMCI above or below its delta neutral price?
SMCI closed above delta neutral: 40.10 against a delta neutral price of 31.73. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does SMCI have?
2,128,855 contracts of open interest across 1,243 listed contracts on Sep 11, 2026, -7.2% 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.