Data through close

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

As of close · rank #1764 by open interest · snapshot page

Chart Download CSV JSON snapshot Advanced analysis

UGA's nearest-expiration max pain is 130.00 for 2026-10-16, its GEX flip is 132.94, net GEX is 469,709, its put/call open-interest ratio is 1.48. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
149.27
prev 152.88
Gamma max
155.66
+4.3% from close
Delta neutral
131.52
-11.9% from close
Gamma neutral
132.94
-10.9% from close
Open interest
15,274
-2.5% vs prev
Contracts listed
370
284 calls · 233 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
130.00
-12.9% from close
2026-10-16
GEX flip
132.94
-10.9% from close
Net GEX
469,709
3,075,219 per 100k OI
Call wall
145.00
-2.9% from close
Put wall
120.00
-19.6% from close
Put/call OI
1.48
9,120 puts / 6,154 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
12.6
within trailing 52-week range
Front / back ATM IV
+44.6% / +42.7%
2.0 pp front premium
Expected move
+8.7%
14 DTE · one standard deviation
ATM straddle / spot
+7.0%
front-window midpoint premium
25Δ risk reversal
3.8 pp
put IV minus call IV
IV butterfly
-1.4 pp
front-window smile convexity
Volume / open interest
0.05
840 contracts traded
Normalized net delta
0.163
option-holder convention
Modeled dealer delta
-0.155
opposite-side scenario
Vanna / 100k OI
1,702
volatility-sensitive delta
Charm / 100k OI
-651,165
time-decay-sensitive delta
IV surface range
76.1 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

UGA closed 4.3% below its gamma max of 155.66. It is 11.9% above the delta neutral price of 131.52. Total open interest is 15,274, -2.5% 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

Chart loads when this section is in view.

In today's screens

Not in any screen today. See all screens.

Neighbours by open interest

← ORLA (#1763) MCHI (#1765) →

Questions people ask about UGA

Where is UGA's gamma max today?

As of Oct 2, 2026, the gamma max for UGA is 155.66, +4.3% from the 149.27 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 UGA above or below its delta neutral price?

UGA closed above delta neutral: 149.27 against a delta neutral price of 131.52. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does UGA have?

15,274 contracts of open interest across 370 listed contracts on Oct 2, 2026, -2.5% 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.