Data through close

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

As of close · rank #1508 by open interest · snapshot page

XAR's nearest-expiration max pain is 250.00 for 2026-10-16, its GEX flip is 299.91, net GEX is -4,084,140, its put/call open-interest ratio is 4.46. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
233.09
prev 231.60
Gamma max
341.19
+46.4% from close
Delta neutral
275.17
+18.1% from close
Gamma neutral
299.91
+28.7% from close
Open interest
21,784
+0.1% vs prev
Contracts listed
137
88 calls · 53 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
250.00
+7.3% from close
2026-10-16
GEX flip
299.91
+28.7% from close
Net GEX
-4,084,140
-18,748,346 per 100k OI
Call wall
265.00
+13.7% from close
Put wall
225.00
-3.5% from close
Put/call OI
4.46
17,797 puts / 3,987 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
21.7
within trailing 52-week range
Front / back ATM IV
+31.7% / +28.8%
2.8 pp front premium
Expected move
+6.2%
14 DTE · one standard deviation
ATM straddle / spot
–
front-window midpoint premium
25Δ risk reversal
-27.9 pp
put IV minus call IV
IV butterfly
– pp
front-window smile convexity
Volume / open interest
0.01
148 contracts traded
Normalized net delta
-0.287
option-holder convention
Modeled dealer delta
0.287
opposite-side scenario
Vanna / 100k OI
4,411
volatility-sensitive delta
Charm / 100k OI
237,918
time-decay-sensitive delta
IV surface range
64.7 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

XAR closed 46.4% below its gamma max of 341.19. It is 18.1% below the delta neutral price of 275.17. Total open interest is 21,784, +0.1% 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 XAR

Where is XAR's gamma max today?

As of Oct 2, 2026, the gamma max for XAR is 341.19, +46.4% from the 233.09 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 XAR above or below its delta neutral price?

XAR closed below delta neutral: 233.09 against a delta neutral price of 275.17. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does XAR have?

21,784 contracts of open interest across 137 listed contracts on Oct 2, 2026, +0.1% 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.