Data through close

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

As of close · rank #560 by open interest · 84 sessions of history since Jun 17, 2026

XE's nearest-expiration max pain is 16.50 for 2026-10-16, its GEX flip is 14.17, net GEX is -1,382,942, its put/call open-interest ratio is 0.59. These are whole-chain derived aggregates as of Oct 15, 2026 close.

XE max pain and GEX snapshot

End-of-day snapshot for . Nearest-expiration max pain uses the expiry shown on its card; GEX uses the whole chain. Missing values are unavailable, not zero.

Nearest-expiration max pain
16.50
+44.1% from close
Expiry: 2026-10-16
GEX flip
14.17
+23.8% from close
Net GEX
-1,382,942
-999,337 per 100k OI
Call wall
15.00
+31.0% from close
Put wall
15.00
+31.0% from close
Put/call OI
0.59
51,140 puts / 87,246 calls

Prices are in US dollars per share. Net GEX is modeled dollar-delta change per $1 underlying move. Max pain minimizes aggregate intrinsic payout for that expiration; it is not a closing-price forecast. Signed GEX uses calls positive and puts negative, a model convention rather than observed dealer inventory. The flip is a confirmed zero crossing; walls locate side-specific concentrations, not guaranteed support or resistance.

Learn how to read the max pain payout example, GEX chart, gamma flip and walls, and open interest versus trading volume.

Close
11.45
prev 11.64
Gamma max
18.29
+59.7% from close
Delta neutral
14.50
+26.7% from close
Gamma neutral
14.17
+23.8% from close
Open interest
138,386
+0.9% vs prev
Contracts listed
299
196 calls · 161 puts

Advanced options analysis

Public aggregate 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
55.6
cross-sectional score / 100
Directional score
-7.1
mixed positioning
IV rank
100.0
within trailing 52-week range
Front IV premium
9.2 pp
front minus back volatility difference
25Δ risk reversal
3.6 pp
put IV minus call IV
IV butterfly
– pp
front-window smile convexity
Volume / open interest
0.03
4,397 contracts traded
Normalized net delta
-0.170
option-holder convention
Modeled dealer delta
0.169
opposite-side scenario
Vanna / 100k OI
600
volatility-sensitive delta
Charm / 100k OI
1,462,565,729
time-decay-sensitive delta
IV surface range
106.5 pp
aggregate volatility dispersion

Strongest relative signals: front IV premium 9.2 pp · IV rank 100

Download the dated aggregate analysis JSON .

XE closed 59.7% below its gamma max of 18.29. It is 26.7% below the delta neutral price of 14.50. Total open interest is 138,386, +0.9% versus the previous session. Its options catalyst-intensity score is 55.6 out of 100, led by front IV premium 9.2 pp, IV rank 100. What gamma max means · What delta neutral means

Call versus put open interest changes

Growth compares outstanding contracts on each side. A positive growth gap favors calls; a negative gap favors puts. Standardized surprises compare each measure with its own prior history. These describe the OI balance, not IV skew or buying direction.

XE call and put open interest changes
Measure Value
Call OI change, 1 session +1,357 contracts · +1.6%
Put OI change, 1 session -58 contracts · -0.1%
Call minus put OI growth, 1 session +1.7 pp
Call OI change, 5 sessions +2,373 contracts · +2.8%
Put OI change, 5 sessions -2,163 contracts · -4.1%
Call minus put OI growth, 5 sessions +6.9 pp
Daily call OI change surprise — (82 prior changes)
Daily put OI change surprise — (82 prior changes)
Daily call-minus-put growth surprise — (82 prior changes)

History

2026-06 2026-10
close delta neutral gamma max
Full history since 2020: drag to pan, scroll to zoom, hover for values. Open full-screen chart

Analysis visualizations

Daily ticker aggregates through 2026-10-15. The max pain curve pools all listed expirations; individual contracts are outside the public dataset.

Aggregate IV history

Chart loads when this section is in view.

Swipe chart sideways to see the full range.

Last 84 sessions

XE trailing historical statistics
Sessions closed above gamma max 0%
Gamma max crosses 0
Delta neutral crosses 10
Prior-year sessions closer to gamma max 71.1% of 83
Prior-year sessions closer to delta neutral 96.4% of 83
Open interest percentile (1y) 81th
Daily open interest change versus prior year – (1,299 contracts; 82 prior changes)
Open interest change, 5 sessions +0.2%
Open interest change, 21 sessions -42.9%
History available Jun 17, 2026 → Oct 15, 2026

Recent crosses

  1. closed below delta neutral at 17.88 vs 18.72 (-4.7%)
  2. closed above delta neutral at 18.10 vs 17.85 (+1.4%)
  3. closed below delta neutral at 18.26 vs 18.44 (-1.0%)
  4. closed above delta neutral at 19.11 vs 18.80 (+1.6%)
  5. closed below delta neutral at 18.11 vs 18.31 (-1.1%)
  6. closed above delta neutral at 18.67 vs 18.66 (+0.0%)
  7. closed below delta neutral at 18.29 vs 18.86 (-3.1%)
  8. closed above delta neutral at 17.05 vs 16.40 (+3.9%)
  9. closed below delta neutral at 20.16 vs 21.41 (-6.2%)
  10. closed above delta neutral at 21.57 vs 21.43 (+0.7%)

In today's screens

Neighbours by open interest

Cite or embed this snapshot

Share the dated 1600×840 image or cite this canonical page. The card contains public derived aggregates, not contract-level quotes.

Open share image

Canonical source: https://halfonadouble.com/stock/XE

Questions people ask about XE

What is XE's max pain for the nearest expiration?

As of Oct 15, 2026 close, nearest-expiration max pain is 16.50 for the 2026-10-16 expiration. It is a payout-minimizing strike for one expiration. An all-expiration pooled value is a different comparison, and neither establishes where the underlying will close. Max pain definition and worked payout example.

Our 2025 max-pain study compares historical Thursday levels with Friday underlying closes and an unchanged-price baseline. Its scope and results are separate from this current ticker snapshot.

What do XE's gamma exposure and gamma flip show?

Signed net GEX is -1,382,942 as of Oct 15, 2026 close. The confirmed GEX flip is 14.17. These aggregate model outputs use calls positive and puts negative. Their sign does not identify dealers' actual positions or predict the next move. How to interpret GEX, gamma flip and walls.

Where is XE's gamma max today?

As of Oct 15, 2026, the gamma max for XE is 18.29, +59.7% from the 11.45 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 XE above or below its delta neutral price?

XE closed below delta neutral: 11.45 against a delta neutral price of 14.50. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does XE have?

138,386 contracts of open interest across 299 listed contracts on Oct 15, 2026, +0.9% 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.