Data through close

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

As of close · rank #3976 by open interest · snapshot page

UST's nearest-expiration max pain is 32.00 for 2026-10-16, net GEX is 136,663, its put/call open-interest ratio is 0.01. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
37.81
prev 38.04
Gamma max
38.42
+1.6% from close
Delta neutral
21.78
-42.4% from close
Gamma neutral
37.81
0.0% from close
Open interest
585
0.0% vs prev
Contracts listed
28
24 calls · 4 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
32.00
-15.4% from close
2026-10-16
GEX flip
–
Net GEX
136,663
23,361,186 per 100k OI
Call wall
41.00
+8.4% from close
Put wall
39.00
+3.1% from close
Put/call OI
0.01
5 puts / 580 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
16.2
within trailing 52-week range
Front / back ATM IV
+16.7% / +24.4%
-7.7 pp front premium
Expected move
+3.3%
14 DTE · one standard deviation
ATM straddle / spot
–
front-window midpoint premium
25Δ risk reversal
– pp
put IV minus call IV
IV butterfly
1.5 pp
front-window smile convexity
Volume / open interest
0.00
1 contracts traded
Normalized net delta
0.594
option-holder convention
Modeled dealer delta
-0.584
opposite-side scenario
Vanna / 100k OI
-0
volatility-sensitive delta
Charm / 100k OI
0
time-decay-sensitive delta
IV surface range
2.1 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

UST closed 1.6% below its gamma max of 38.42. It is 42.4% above the delta neutral price of 21.78. Total open interest is 585, 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 UST

Where is UST's gamma max today?

As of Oct 2, 2026, the gamma max for UST is 38.42, +1.6% from the 37.81 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 UST above or below its delta neutral price?

UST closed above delta neutral: 37.81 against a delta neutral price of 21.78. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does UST have?

585 contracts of open interest across 28 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.