VALE gamma max, delta neutral & open interest levels
As of close · rank #64 by open interest · 1,379 sessions of history since Dec 1, 2020
VALE closed 10.3% below its gamma max of 16.80. It is 4.3% above the delta neutral price of 14.57. Total open interest is 1,726,027, -0.9% versus the previous session. What gamma max means · What delta neutral means
One-year history
Last 252 sessions
| Sessions closed above gamma max | 10% |
| Gamma max crosses | 28 |
| Delta neutral crosses | 6 |
| Open interest percentile (1y) | 47th |
| Open interest change, 5 sessions | +3.5% |
| Open interest change, 21 sessions | +17.2% |
| History available | Dec 1, 2020 → Sep 11, 2026 |
Recent crosses
- closed above delta neutral at 14.23 vs 14.13 (+0.7%)
- closed below delta neutral at 14.05 vs 14.55 (-3.5%)
- closed above delta neutral at 14.92 vs 14.50 (+2.8%)
- closed below delta neutral at 15.04 vs 15.05 (-0.1%)
- closed below gamma max at 15.44 vs 17.73 (-14.9%)
- closed above gamma max at 15.55 vs 15.20 (+2.2%)
- closed below gamma max at 16.46 vs 17.25 (-4.8%)
- closed above gamma max at 16.50 vs 15.42 (+6.5%)
- closed below gamma max at 17.51 vs 17.87 (-2.1%)
- closed above gamma max at 17.45 vs 15.96 (+8.5%)
In today's screens
Neighbours by open interest
Questions people ask about VALE
Where is VALE's gamma max today?
As of Sep 11, 2026, the gamma max for VALE is 16.80, +10.3% from the 15.23 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 VALE above or below its delta neutral price?
VALE closed above delta neutral: 15.23 against a delta neutral price of 14.57. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does VALE have?
1,726,027 contracts of open interest across 308 listed contracts on Sep 11, 2026, -0.9% 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.