XLF gamma max, delta neutral & open interest levels
As of close · rank #12 by open interest · 1,379 sessions of history since Dec 1, 2020
XLF closed 5.1% below its gamma max of 60.18. It is 1.1% above the delta neutral price of 56.61. Total open interest is 6,471,684, +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 | 0% |
| Gamma max crosses | 2 |
| Delta neutral crosses | 16 |
| Open interest percentile (1y) | 94th |
| Open interest change, 5 sessions | +3.3% |
| Open interest change, 21 sessions | +1.2% |
| History available | Dec 1, 2020 → Sep 11, 2026 |
Recent crosses
- closed below gamma max at 56.08 vs 56.17 (-0.2%)
- closed above gamma max at 56.14 vs 56.03 (+0.2%)
- closed above delta neutral at 52.63 vs 52.52 (+0.2%)
- closed below delta neutral at 52.30 vs 52.35 (-0.1%)
- closed above delta neutral at 52.16 vs 52.02 (+0.3%)
- closed below delta neutral at 54.44 vs 54.50 (-0.1%)
- closed above delta neutral at 54.37 vs 54.31 (+0.1%)
- closed below delta neutral at 54.15 vs 54.41 (-0.5%)
- closed above delta neutral at 53.55 vs 53.53 (+0.0%)
- closed below delta neutral at 52.98 vs 53.35 (-0.7%)
In today's screens
Neighbours by open interest
Questions people ask about XLF
Where is XLF's gamma max today?
As of Sep 11, 2026, the gamma max for XLF is 60.18, +5.1% from the 57.23 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 XLF above or below its delta neutral price?
XLF closed above delta neutral: 57.23 against a delta neutral price of 56.61. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does XLF have?
6,471,684 contracts of open interest across 1,065 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.