Data through close

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

As of close · rank #855 by open interest · snapshot page

UGL's nearest-expiration max pain is 48.00 for 2026-10-16, net GEX is 2,671,430, its put/call open-interest ratio is 0.50. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
45.48
prev 46.15
Gamma max
39.46
-13.2% from close
Delta neutral
43.18
-5.0% from close
Gamma neutral
45.48
0.0% from close
Open interest
63,989
+0.0% vs prev
Contracts listed
413
259 calls · 183 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
48.00
+5.5% from close
2026-10-16
GEX flip
–
Net GEX
2,671,430
4,174,826 per 100k OI
Call wall
45.00
-1.1% from close
Put wall
48.00
+5.5% from close
Put/call OI
0.50
21,420 puts / 42,569 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
80.1
within trailing 52-week range
Front / back ATM IV
+42.0% / +42.0%
0.0 pp front premium
Expected move
+8.2%
14 DTE · one standard deviation
ATM straddle / spot
+6.0%
front-window midpoint premium
25Δ risk reversal
5.1 pp
put IV minus call IV
IV butterfly
5.4 pp
front-window smile convexity
Volume / open interest
0.03
1,766 contracts traded
Normalized net delta
0.079
option-holder convention
Modeled dealer delta
-0.079
opposite-side scenario
Vanna / 100k OI
-1,567
volatility-sensitive delta
Charm / 100k OI
7,684
time-decay-sensitive delta
IV surface range
73.4 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

UGL closed 13.2% above its gamma max of 39.46. It is 5.0% above the delta neutral price of 43.18. Total open interest is 63,989, +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 UGL

Where is UGL's gamma max today?

As of Oct 2, 2026, the gamma max for UGL is 39.46, -13.2% from the 45.48 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 UGL above or below its delta neutral price?

UGL closed above delta neutral: 45.48 against a delta neutral price of 43.18. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does UGL have?

63,989 contracts of open interest across 413 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.