XEL gamma max, delta neutral & open interest levels
As of close · rank #547 by open interest · 1,379 sessions of history since Dec 1, 2020
XEL closed 48.0% below its gamma max of 111.73. It is 12.2% below the delta neutral price of 84.70. Total open interest is 140,035, +0.2% versus the previous session. What gamma max means · What delta neutral means
One-year history
Last 252 sessions
| Sessions closed above gamma max | 3% |
| Gamma max crosses | 14 |
| Delta neutral crosses | 5 |
| Open interest percentile (1y) | 100th |
| Open interest change, 5 sessions | +2.5% |
| Open interest change, 21 sessions | +82.5% |
| History available | Dec 1, 2020 → Sep 11, 2026 |
Recent crosses
- closed below delta neutral at 80.21 vs 82.11 (-2.4%)
- closed below gamma max at 80.43 vs 84.54 (-5.1%)
- closed above gamma max at 80.46 vs 80.02 (+0.5%)
- closed below gamma max at 81.55 vs 86.97 (-6.6%)
- closed above gamma max at 80.82 vs 80.00 (+1.0%)
- closed above delta neutral at 74.94 vs 74.44 (+0.7%)
- closed below delta neutral at 73.73 vs 75.61 (-2.5%)
- closed above delta neutral at 75.72 vs 75.49 (+0.3%)
- closed below delta neutral at 75.72 vs 76.10 (-0.5%)
- closed below gamma max at 81.80 vs 85.01 (-3.9%)
In today's screens
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Neighbours by open interest
Questions people ask about XEL
Where is XEL's gamma max today?
As of Sep 11, 2026, the gamma max for XEL is 111.73, +48.0% from the 75.50 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 XEL above or below its delta neutral price?
XEL closed below delta neutral: 75.50 against a delta neutral price of 84.70. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does XEL have?
140,035 contracts of open interest across 153 listed contracts on Sep 11, 2026, +0.2% 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.