Data through close

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

As of close · rank #498 by open interest · 1,190 sessions of history since Sep 23, 2021

SRAD's nearest-expiration max pain is 12.50 for 2026-10-16, its GEX flip is 8.99, net GEX is 4,930,879, its put/call open-interest ratio is 0.30. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
11.76
prev 11.86
Gamma max
14.69
+24.9% from close
Delta neutral
10.03
-14.7% from close
Gamma neutral
8.99
-23.5% from close
Open interest
146,634
-0.0% vs prev
Contracts listed
132
108 calls · 54 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
12.50
+6.3% from close
2026-10-16
GEX flip
8.99
-23.5% from close
Net GEX
4,930,879
3,362,712 per 100k OI
Call wall
15.00
+27.6% from close
Put wall
10.00
-15.0% from close
Put/call OI
0.30
34,194 puts / 112,440 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
47.8
cross-sectional score / 100
Directional score
-2.3
mixed positioning
IV rank
100.0
within trailing 52-week range
Front / back ATM IV
– / –
– pp front premium
Expected move
–
– DTE · one standard deviation
ATM straddle / spot
–
front-window midpoint premium
25Δ risk reversal
8.4 pp
put IV minus call IV
IV butterfly
– pp
front-window smile convexity
Volume / open interest
0.00
112 contracts traded
Normalized net delta
0.157
option-holder convention
Modeled dealer delta
-0.157
opposite-side scenario
Vanna / 100k OI
5,322
volatility-sensitive delta
Charm / 100k OI
-209,354
time-decay-sensitive delta
IV surface range
17.2 pp
published contour maximum minus minimum

Strongest relative signals: IV rank 100

Download the complete dated analysis JSON .

SRAD closed 24.9% below its gamma max of 14.69. It is 14.7% above the delta neutral price of 10.03. Total open interest is 146,634, -0.0% versus the previous session. Its options catalyst-intensity score is 47.8 out of 100, led by IV rank 100. 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.

SRAD call and put open interest changes
Measure Value
Call OI change, 1 session +12 contracts · +0.0%
Put OI change, 1 session -57 contracts · -0.2%
Call minus put OI growth, 1 session +0.2 pp
Call OI change, 5 sessions +1,481 contracts · +1.3%
Put OI change, 5 sessions +269 contracts · +0.8%
Call minus put OI growth, 5 sessions +0.5 pp
Daily call OI change surprise -0.06σ (252 prior changes)
Daily put OI change surprise -0.04σ (252 prior changes)
Daily call-minus-put growth surprise +0.04σ (252 prior changes)

History

2025-10 2026-10
close delta neutral gamma max
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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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 52 completed Day +10 paths · latest Jun 12, 2026
SRAD returns after crossing below gamma max Historical close-to-close return paths from Day 0 through Day 10, with the median, middle fifty percent, and a nominal confidence interval for the median. -16.0% -8.0% 0% +8.0% +16.0% Cross on Oct 15, 2021 Cross on Nov 5, 2021 Cross on Nov 9, 2021 Cross on Jun 10, 2022 Cross on Jul 14, 2022 Cross on Nov 28, 2022 Cross on Dec 6, 2022 Cross on Dec 16, 2022 Cross on Jan 5, 2023 Cross on Jan 31, 2023 Cross on Feb 10, 2023 Cross on Mar 3, 2023 Cross on Mar 20, 2023 Cross on Mar 28, 2023 Cross on Apr 5, 2023 Cross on Apr 13, 2023 Cross on Apr 18, 2023 Cross on May 10, 2023 Cross on Jun 12, 2023 Cross on Jun 15, 2023 Cross on Jul 14, 2023 Cross on Jul 21, 2023 Cross on Jul 26, 2023 Cross on Jul 31, 2023 Cross on Aug 2, 2023 Cross on Aug 11, 2023 Cross on Aug 16, 2023 Cross on Aug 21, 2023 Cross on Nov 16, 2023 Cross on Mar 21, 2024 Cross on Sep 3, 2024 Cross on Sep 10, 2024 Cross on Sep 13, 2024 Cross on Oct 1, 2024 Cross on Oct 16, 2024 Cross on Oct 25, 2024 Cross on Nov 12, 2024 Cross on Nov 14, 2024 Cross on Nov 26, 2024 Cross on Feb 3, 2025 Cross on Feb 20, 2025 Cross on Jun 13, 2025 Cross on Jul 23, 2025 Cross on Aug 4, 2025 Cross on Sep 2, 2025 Cross on Sep 10, 2025 Cross on Sep 17, 2025 Cross on Oct 7, 2025 Cross on Oct 16, 2025 Cross on Dec 10, 2025 Cross on Dec 16, 2025 Cross on Jun 12, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
SRAD historical gamma-max cross outcomes after closing below
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 52 +0.2% -1.3% to +1.3% 54% -0.7% to +0.8% 0.0%
Day +2 52 -0.0% -2.0% to +2.0% 50% -0.7% to +1.2% 0.0%
Day +3 52 +0.2% -2.8% to +2.8% 56% -0.5% to +1.5% 0.0%
Day +4 52 +0.7% -2.8% to +3.2% 58% -0.8% to +1.7% 0.0%
Day +5 52 +0.7% -2.8% to +2.7% 54% -1.0% to +1.9% 0.0%
Day +6 52 +0.6% -3.4% to +2.5% 58% -0.9% to +1.4% 0.0%
Day +7 52 +0.7% -3.9% to +3.6% 54% -1.1% to +2.1% 0.0%
Day +8 52 +0.3% -4.5% to +3.7% 54% -1.6% to +2.3% 0.0%
Day +9 52 -0.1% -5.4% to +5.0% 48% -2.5% to +2.5% 0.0%
Day +10 52 +0.7% -5.5% to +5.6% 52% -2.9% to +2.9% 0.0%
Crosses above gamma max 49 completed Day +10 paths · latest Jun 9, 2026
SRAD returns after crossing above gamma max Historical close-to-close return paths from Day 0 through Day 10, with the median, middle fifty percent, and a nominal confidence interval for the median. -14.0% -7.0% 0% +7.0% +14.0% Cross on Nov 4, 2021 Cross on Nov 8, 2021 Cross on Jun 9, 2022 Cross on Nov 23, 2022 Cross on Nov 30, 2022 Cross on Dec 13, 2022 Cross on Jan 4, 2023 Cross on Jan 10, 2023 Cross on Feb 9, 2023 Cross on Feb 14, 2023 Cross on Mar 7, 2023 Cross on Mar 23, 2023 Cross on Mar 30, 2023 Cross on Apr 6, 2023 Cross on Apr 17, 2023 Cross on Apr 21, 2023 Cross on May 18, 2023 Cross on Jun 14, 2023 Cross on Jun 16, 2023 Cross on Jul 12, 2023 Cross on Jul 18, 2023 Cross on Jul 24, 2023 Cross on Jul 28, 2023 Cross on Aug 1, 2023 Cross on Aug 9, 2023 Cross on Aug 14, 2023 Cross on Aug 18, 2023 Cross on Nov 14, 2023 Cross on Sep 4, 2024 Cross on Sep 11, 2024 Cross on Sep 16, 2024 Cross on Oct 15, 2024 Cross on Oct 17, 2024 Cross on Oct 28, 2024 Cross on Nov 13, 2024 Cross on Nov 15, 2024 Cross on Jan 15, 2025 Cross on Feb 4, 2025 Cross on Jun 12, 2025 Cross on Jun 20, 2025 Cross on Jul 31, 2025 Cross on Aug 13, 2025 Cross on Sep 9, 2025 Cross on Sep 16, 2025 Cross on Oct 14, 2025 Cross on Dec 9, 2025 Cross on Dec 11, 2025 Cross on Dec 18, 2025 Cross on Jun 9, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
SRAD historical gamma-max cross outcomes after closing above
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 49 -0.1% -1.9% to +1.0% 43% -0.6% to +0.3% 0.0%
Day +2 49 -0.1% -2.3% to +1.4% 47% -1.5% to +0.7% 0.0%
Day +3 49 -1.7% -2.8% to +0.8% 31% -2.4% to -0.3% -0.3%
Day +4 49 -1.1% -3.6% to +1.2% 39% -2.7% to +0.1% 0.0%
Day +5 49 -1.3% -3.6% to +2.2% 39% -2.3% to +0.2% 0.0%
Day +6 49 -1.2% -4.5% to +3.2% 41% -2.9% to +1.5% 0.0%
Day +7 49 -1.4% -5.1% to +3.3% 45% -3.0% to +1.3% 0.0%
Day +8 49 -1.2% -5.6% to +3.7% 43% -2.7% to +1.5% 0.0%
Day +9 49 -0.2% -5.6% to +3.0% 47% -3.1% to +1.5% 0.0%
Day +10 49 +0.6% -8.4% to +4.4% 51% -3.5% to +2.0% 0.0%

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

SRAD trailing historical statistics
Sessions closed above gamma max 5%
Gamma max crosses 12
Delta neutral crosses 4
Prior-year sessions closer to gamma max 88.5% of 252
Prior-year sessions closer to delta neutral 46.8% of 252
Open interest percentile (1y) 89th
Daily open interest change versus prior year -0.06σ (-45 contracts; 252 prior changes)
Open interest change, 5 sessions +1.2%
Open interest change, 21 sessions +7.5%
History available Sep 23, 2021 → Oct 2, 2026

Recent crosses

  1. closed below gamma max at 16.01 vs 16.38 (-2.3%)
  2. closed above gamma max at 16.42 vs 16.19 (+1.4%)
  3. closed above delta neutral at 17.76 vs 15.91 (+10.4%)
  4. closed below delta neutral at 18.97 vs 19.22 (-1.3%)
  5. closed below gamma max at 22.86 vs 25.27 (-10.5%)
  6. closed above gamma max at 22.92 vs 22.56 (+1.6%)
  7. closed below gamma max at 22.53 vs 22.60 (-0.3%)
  8. closed above gamma max at 23.14 vs 22.94 (+0.9%)
  9. closed below gamma max at 22.91 vs 23.11 (-0.9%)
  10. closed above gamma max at 23.50 vs 23.19 (+1.3%)

In today's screens

Neighbours by open interest

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Canonical source: https://halfonadouble.com/stock/SRAD

Questions people ask about SRAD

Where is SRAD's gamma max today?

As of Oct 2, 2026, the gamma max for SRAD is 14.69, +24.9% from the 11.76 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 SRAD above or below its delta neutral price?

SRAD closed above delta neutral: 11.76 against a delta neutral price of 10.03. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does SRAD have?

146,634 contracts of open interest across 132 listed contracts on Oct 2, 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.