Data through close

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

As of close · rank #5235 by open interest · snapshot page

SPEU's nearest-expiration max pain is 52.00 for 2026-10-16, net GEX is 5,603, its put/call open-interest ratio is 0.46. These are whole-chain derived aggregates as of Oct 5, 2026 close.

SPEU max pain and GEX snapshot

End-of-day snapshot for . Nearest-expiration max pain uses the expiry shown on its card; GEX uses the whole chain. Missing values are unavailable, not zero.

Nearest-expiration max pain
52.00
-2.4% from close
Expiry: 2026-10-16
GEX flip
–
Net GEX
5,603
29,488,802 per 100k OI
Call wall
54.00
+1.3% from close
Put wall
51.00
-4.3% from close
Put/call OI
0.46
6 puts / 13 calls

Prices are in US dollars per share. Net GEX is modeled dollar-delta change per $1 underlying move. Max pain minimizes aggregate intrinsic payout for that expiration; it is not a closing-price forecast. Signed GEX uses calls positive and puts negative, a model convention rather than observed dealer inventory. The flip is a confirmed zero crossing; walls locate side-specific concentrations, not guaranteed support or resistance.

Learn how to read the max pain payout example, GEX chart, gamma flip and walls, and open interest versus trading volume.

Close
53.30
prev 53.42
Gamma max
–
Delta neutral
–
Gamma neutral
–
Open interest
19
0.0% vs prev
Contracts listed
8
5 calls · 3 puts

Advanced options analysis

Public aggregate 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
3.9
within trailing 52-week range
Front IV premium
3.7 pp
front minus back volatility difference
25Δ risk reversal
– pp
put IV minus call IV
IV butterfly
– pp
front-window smile convexity
Volume / open interest
0.21
4 contracts traded
Normalized net delta
0.138
option-holder convention
Modeled dealer delta
-0.123
opposite-side scenario
Vanna / 100k OI
0
volatility-sensitive delta
Charm / 100k OI
0
time-decay-sensitive delta
IV surface range
– pp
aggregate volatility dispersion

Download the dated aggregate analysis JSON .

Total open interest is 19, 0.0% 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

Daily ticker aggregates through 2026-10-05. Contract-level charts are outside the public dataset.

Aggregate IV history

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In today's screens

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Neighbours by open interest

Questions people ask about SPEU

What is SPEU's max pain for the nearest expiration?

As of Oct 5, 2026 close, nearest-expiration max pain is 52.00 for the 2026-10-16 expiration. It is a payout-minimizing strike for one expiration. An all-expiration pooled value is a different comparison, and neither establishes where the underlying will close. Max pain definition and worked payout example.

Our 2025 max-pain study compares historical Thursday levels with Friday underlying closes and an unchanged-price baseline. Its scope and results are separate from this current ticker snapshot.

What do SPEU's gamma exposure and gamma flip show?

Signed net GEX is 5,603 as of Oct 5, 2026 close. No confirmed GEX flip is available; this does not imply a zero exposure level. These aggregate model outputs use calls positive and puts negative. Their sign does not identify dealers' actual positions or predict the next move. How to interpret GEX, gamma flip and walls.

Where is SPEU's gamma max today?

No gamma max could be computed for SPEU on Oct 5, 2026. 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 SPEU above or below its delta neutral price?

No delta neutral price was available for SPEU on Oct 5, 2026. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does SPEU have?

19 contracts of open interest across 8 listed contracts on Oct 5, 2026, 0.0% 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.