Data through close

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

As of close · rank #1826 by open interest · snapshot page

TARS's nearest-expiration max pain is 65.00 for 2026-10-16, its GEX flip is 55.12, net GEX is 748,696, its put/call open-interest ratio is 1.01. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
73.00
prev 75.46
Gamma max
65.78
-9.9% from close
Delta neutral
60.56
-17.0% from close
Gamma neutral
55.12
-24.5% from close
Open interest
14,035
+0.0% vs prev
Contracts listed
126
81 calls · 64 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
65.00
-11.0% from close
2026-10-16
GEX flip
55.12
-24.5% from close
Net GEX
748,696
5,334,489 per 100k OI
Call wall
65.00
-11.0% from close
Put wall
55.00
-24.7% from close
Put/call OI
1.01
7,041 puts / 6,994 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
75.7
within trailing 52-week range
Front / back ATM IV
+70.2% / +62.3%
7.8 pp front premium
Expected move
+13.7%
14 DTE · one standard deviation
ATM straddle / spot
+10.3%
front-window midpoint premium
25Δ risk reversal
186.7 pp
put IV minus call IV
IV butterfly
-1.9 pp
front-window smile convexity
Volume / open interest
0.00
13 contracts traded
Normalized net delta
0.231
option-holder convention
Modeled dealer delta
-0.231
opposite-side scenario
Vanna / 100k OI
805
volatility-sensitive delta
Charm / 100k OI
1,015,504
time-decay-sensitive delta
IV surface range
233.1 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

TARS closed 9.9% above its gamma max of 65.78. It is 17.0% above the delta neutral price of 60.56. Total open interest is 14,035, +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

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 TARS

Where is TARS's gamma max today?

As of Oct 2, 2026, the gamma max for TARS is 65.78, -9.9% from the 73.00 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 TARS above or below its delta neutral price?

TARS closed above delta neutral: 73.00 against a delta neutral price of 60.56. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does TARS have?

14,035 contracts of open interest across 126 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.