SOXX max pain, gamma exposure (GEX) & options open interest
As of close · rank #216 by open interest · 1,379 sessions of history since Dec 1, 2020
SOXX's nearest-expiration max pain is 532.50 for 2026-10-09, its GEX flip is 566.13, net GEX is 9,700,809, its put/call open-interest ratio is 1.68. These are whole-chain derived aggregates as of Oct 2, 2026 close.
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.
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.
Strongest relative signals: IV rank 100 · smile convexity 17.6 pp · volume/OI 0.10
SOXX closed 5.8% below its gamma max of 622.93. It is 7.1% above the delta neutral price of 547.00. Total open interest is 469,436, -7.7% versus the previous session. Its options catalyst-intensity score is 48.8 out of 100, led by IV rank 100, smile convexity 17.6 pp, volume/OI 0.10. 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.
| Measure | Value |
|---|---|
| Call OI change, 1 session | -14,175 contracts · -7.5% |
| Put OI change, 1 session | -24,785 contracts · -7.8% |
| Call minus put OI growth, 1 session | +0.3 pp |
| Call OI change, 5 sessions | -9,665 contracts · -5.2% |
| Put OI change, 5 sessions | -3,589 contracts · -1.2% |
| Call minus put OI growth, 5 sessions | -4.0 pp |
| Daily call OI change surprise | -1.33σ (252 prior changes) |
| Daily put OI change surprise | -0.38σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.11σ (252 prior changes) |
History
Hover for valuesDrag to panScroll to zoomClick a series to hide it ← → step a session+ − zoomTouch: swipe to pan, pinch to zoom, hold for the crosshair
Analysis visualizations
Derived from the 2026-10-02 options chain. Select an analysis to explore its chart.
No matching visualizations.
Gamma walls
Chart loads when this section is in view.
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 2 completed Day +10 paths · latest Apr 17, 2026
| Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
|---|---|---|---|---|---|---|
| Day +1 | 2 | +1.7% | +1.1% to +2.3% | 100% | – | – |
| Day +2 | 2 | +2.3% | +1.7% to +2.8% | 100% | – | – |
| Day +3 | 2 | +4.1% | +4.0% to +4.2% | 100% | – | – |
| Day +4 | 2 | +5.0% | +4.4% to +5.5% | 100% | – | – |
| Day +5 | 2 | +8.3% | +6.9% to +9.7% | 100% | – | – |
| Day +6 | 2 | +8.4% | +7.8% to +9.0% | 100% | – | – |
| Day +7 | 2 | +5.5% | +5.5% to +5.6% | 100% | – | – |
| Day +8 | 2 | +8.6% | +8.4% to +8.8% | 100% | – | – |
| Day +9 | 2 | +10.1% | +9.6% to +10.5% | 100% | – | – |
| Day +10 | 2 | +10.0% | +8.9% to +11.0% | 100% | – | – |
Crosses above gamma max 4 completed Day +10 paths · latest Apr 16, 2026
| Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
|---|---|---|---|---|---|---|
| Day +1 | 4 | +1.2% | +0.1% to +2.1% | 75% | – | – |
| Day +2 | 4 | +1.3% | +0.3% to +1.7% | 75% | – | – |
| Day +3 | 4 | +2.3% | +0.7% to +3.8% | 100% | – | – |
| Day +4 | 4 | +2.3% | +1.7% to +3.5% | 100% | – | – |
| Day +5 | 4 | +4.8% | +3.5% to +6.3% | 100% | – | – |
| Day +6 | 4 | +3.8% | +2.2% to +7.2% | 100% | – | – |
| Day +7 | 4 | +4.3% | +1.6% to +7.5% | 75% | – | – |
| Day +8 | 4 | +5.2% | +4.0% to +6.6% | 100% | – | – |
| Day +9 | 4 | +3.8% | +2.3% to +6.3% | 100% | – | – |
| Day +10 | 4 | +5.2% | +4.3% to +7.9% | 100% | – | – |
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
| Sessions closed above gamma max | 3% |
| Gamma max crosses | 7 |
| Delta neutral crosses | 28 |
| Prior-year sessions closer to gamma max | 17.5% of 252 |
| Prior-year sessions closer to delta neutral | 88.5% of 252 |
| Open interest percentile (1y) | 81th |
| Daily open interest change versus prior year | -0.57σ (-38,960 contracts; 252 prior changes) |
| Open interest change, 5 sessions | -2.7% |
| Open interest change, 21 sessions | -17.6% |
| History available | Dec 1, 2020 → Oct 2, 2026 |
Recent crosses
- closed above delta neutral at 533.07 vs 529.89 (+0.6%)
- closed below delta neutral at 517.43 vs 526.10 (-1.7%)
- closed above delta neutral at 532.00 vs 528.96 (+0.6%)
- closed below delta neutral at 531.39 vs 535.83 (-0.8%)
- closed above delta neutral at 542.21 vs 531.27 (+2.0%)
- closed below delta neutral at 599.29 vs 621.30 (-3.7%)
- closed above delta neutral at 640.76 vs 624.97 (+2.5%)
- closed below delta neutral at 591.00 vs 614.88 (-4.0%)
- closed above delta neutral at 622.79 vs 615.49 (+1.2%)
- closed below delta neutral at 603.39 vs 613.96 (-1.8%)
In today's screens
Neighbours by open interest
Cite or embed this snapshot
Share the dated 1600×840 image or cite this canonical page. The card contains public derived aggregates, not contract-level quotes.
Canonical source: https://halfonadouble.com/stock/SOXX
Questions people ask about SOXX
Where is SOXX's gamma max today?
As of Oct 2, 2026, the gamma max for SOXX is 622.93, +5.8% from the 588.90 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 SOXX above or below its delta neutral price?
SOXX closed above delta neutral: 588.90 against a delta neutral price of 547.00. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does SOXX have?
469,436 contracts of open interest across 2,694 listed contracts on Oct 2, 2026, -7.7% 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.