Data through close

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

As of close · rank #4244 by open interest · snapshot page

USLM's nearest-expiration max pain is 115.00 for 2026-10-16, its GEX flip is 117.34, net GEX is -19,776, its put/call open-interest ratio is 0.65. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
111.01
prev 111.36
Gamma max
129.27
+16.5% from close
Delta neutral
114.13
+2.8% from close
Gamma neutral
117.34
+5.7% from close
Open interest
345
+0.3% vs prev
Contracts listed
54
40 calls · 21 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
115.00
+3.6% from close
2026-10-16
GEX flip
117.34
+5.7% from close
Net GEX
-19,776
-5,732,143 per 100k OI
Call wall
125.00
+12.6% from close
Put wall
110.00
-0.9% from close
Put/call OI
0.65
136 puts / 209 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
14.9
within trailing 52-week range
Front / back ATM IV
+39.0% / +38.6%
0.3 pp front premium
Expected move
+7.6%
14 DTE · one standard deviation
ATM straddle / spot
–
front-window midpoint premium
25Δ risk reversal
– pp
put IV minus call IV
IV butterfly
– pp
front-window smile convexity
Volume / open interest
0.06
20 contracts traded
Normalized net delta
0.126
option-holder convention
Modeled dealer delta
-0.126
opposite-side scenario
Vanna / 100k OI
-290
volatility-sensitive delta
Charm / 100k OI
2,351,884
time-decay-sensitive delta
IV surface range
12.1 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

USLM closed 16.5% below its gamma max of 129.27. It is 2.8% below the delta neutral price of 114.13. Total open interest is 345, +0.3% versus the previous session. What gamma max means · What delta neutral means

History

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Analysis visualizations

Derived from the 2026-10-02 options chain. Select an analysis to explore its chart.

Gamma walls

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Neighbours by open interest

Questions people ask about USLM

Where is USLM's gamma max today?

As of Oct 2, 2026, the gamma max for USLM is 129.27, +16.5% from the 111.01 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 USLM above or below its delta neutral price?

USLM closed below delta neutral: 111.01 against a delta neutral price of 114.13. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does USLM have?

345 contracts of open interest across 54 listed contracts on Oct 2, 2026, +0.3% 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.