TLT gamma max, delta neutral & open interest levels
As of close · rank #5 by open interest · 1,379 sessions of history since Dec 1, 2020
TLT closed 5.6% below its gamma max of 85.41. It is 2.5% below the delta neutral price of 82.91. Total open interest is 12,509,227, -0.6% versus the previous session. What gamma max means · What delta neutral means
One-year history
Last 252 sessions
| Sessions closed above gamma max | 2% |
| Gamma max crosses | 8 |
| Delta neutral crosses | 21 |
| Open interest percentile (1y) | 100th |
| Open interest change, 5 sessions | +2.4% |
| Open interest change, 21 sessions | +8.2% |
| History available | Dec 1, 2020 → Sep 11, 2026 |
Recent crosses
- closed below delta neutral at 87.36 vs 87.49 (-0.1%)
- closed below gamma max at 87.36 vs 89.12 (-2.0%)
- closed above gamma max at 87.35 vs 87.32 (+0.0%)
- closed above delta neutral at 87.37 vs 86.87 (+0.6%)
- closed below delta neutral at 86.83 vs 87.30 (-0.5%)
- closed above delta neutral at 87.21 vs 87.13 (+0.1%)
- closed below delta neutral at 88.28 vs 88.43 (-0.2%)
- closed above delta neutral at 89.20 vs 88.52 (+0.8%)
- closed below delta neutral at 88.46 vs 88.46 (-0.0%)
- closed below gamma max at 90.78 vs 92.31 (-1.7%)
In today's screens
Questions people ask about TLT
Where is TLT's gamma max today?
As of Sep 11, 2026, the gamma max for TLT is 85.41, +5.6% from the 80.87 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 TLT above or below its delta neutral price?
TLT closed below delta neutral: 80.87 against a delta neutral price of 82.91. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does TLT have?
12,509,227 contracts of open interest across 1,586 listed contracts on Sep 11, 2026, -0.6% 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.