XLE gamma max, delta neutral & open interest levels
As of close · rank #21 by open interest · 1,379 sessions of history since Dec 1, 2020
XLE closed 3.7% below its gamma max of 67.52. It is 6.9% above the delta neutral price of 60.66. Total open interest is 4,555,763, -0.5% versus the previous session. What gamma max means · What delta neutral means
One-year history
Last 252 sessions
| Sessions closed above gamma max | 1% |
| Gamma max crosses | 4 |
| Delta neutral crosses | 19 |
| Open interest percentile (1y) | 57th |
| Open interest change, 5 sessions | +0.9% |
| Open interest change, 21 sessions | +0.1% |
| History available | Dec 1, 2020 → Sep 11, 2026 |
Recent crosses
- closed below gamma max at 63.68 vs 64.02 (-0.5%)
- closed above gamma max at 61.91 vs 61.23 (+1.1%)
- closed above delta neutral at 54.67 vs 54.42 (+0.5%)
- closed below delta neutral at 55.55 vs 55.55 (-0.0%)
- closed above delta neutral at 55.70 vs 54.72 (+1.8%)
- closed below delta neutral at 55.97 vs 56.17 (-0.4%)
- closed above delta neutral at 55.07 vs 54.07 (+1.8%)
- closed below delta neutral at 55.76 vs 55.79 (-0.0%)
- closed below gamma max at 53.97 vs 54.75 (-1.4%)
- closed above gamma max at 54.98 vs 54.91 (+0.1%)
In today's screens
Neighbours by open interest
Questions people ask about XLE
Where is XLE's gamma max today?
As of Sep 11, 2026, the gamma max for XLE is 67.52, +3.7% from the 65.13 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 XLE above or below its delta neutral price?
XLE closed above delta neutral: 65.13 against a delta neutral price of 60.66. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does XLE have?
4,555,763 contracts of open interest across 1,164 listed contracts on Sep 11, 2026, -0.5% 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.