VIX gamma max, delta neutral & open interest levels
As of close · rank #4 by open interest · 1,378 sessions of history since Dec 1, 2020
VIX closed 48.0% below its gamma max of 23.47. It is 5.8% below the delta neutral price of 16.79. Total open interest is 14,824,038, +3.6% versus the previous session. What gamma max means · What delta neutral means
One-year history
Last 252 sessions
| Sessions closed above gamma max | 13% |
| Gamma max crosses | 30 |
| Delta neutral crosses | 40 |
| Open interest percentile (1y) | 96th |
| Open interest change, 5 sessions | +13.1% |
| Open interest change, 21 sessions | +13.0% |
| History available | Dec 1, 2020 → Sep 11, 2026 |
Recent crosses
- closed below delta neutral at 15.86 vs 16.79 (-5.8%)
- closed above delta neutral at 17.84 vs 17.07 (+4.3%)
- closed below gamma max at 14.92 vs 24.88 (-66.8%)
- closed above gamma max at 15.21 vs 12.02 (+21.0%)
- closed below gamma max at 15.85 vs 25.31 (-59.7%)
- closed above gamma max at 15.13 vs 11.82 (+21.9%)
- closed below gamma max at 16.01 vs 25.83 (-61.3%)
- closed above gamma max at 14.89 vs 11.65 (+21.8%)
- closed below delta neutral at 17.03 vs 17.52 (-2.9%)
- closed above delta neutral at 18.70 vs 17.45 (+6.7%)
In today's screens
Questions people ask about VIX
Where is VIX's gamma max today?
As of Sep 11, 2026, the gamma max for VIX is 23.47, +48.0% from the 15.86 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 VIX above or below its delta neutral price?
VIX closed below delta neutral: 15.86 against a delta neutral price of 16.79. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does VIX have?
14,824,038 contracts of open interest across 1,059 listed contracts on Sep 11, 2026, +3.6% 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.