Data through close

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

As of close · rank #4022 by open interest · snapshot page

XLG's nearest-expiration max pain is 65.00 for 2026-10-16, its GEX flip is 48.51, net GEX is 93,651, its put/call open-interest ratio is 0.31. These are whole-chain derived aggregates as of Oct 2, 2026 close.

Close
64.25
prev 63.62
Gamma max
66.03
+2.8% from close
Delta neutral
59.50
-7.4% from close
Gamma neutral
48.51
-24.5% from close
Open interest
535
+0.6% vs prev
Contracts listed
57
38 calls · 21 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
65.00
+1.2% from close
2026-10-16
GEX flip
48.51
-24.5% from close
Net GEX
93,651
17,504,834 per 100k OI
Call wall
66.00
+2.7% from close
Put wall
65.00
+1.2% from close
Put/call OI
0.31
128 puts / 407 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
7.8
within trailing 52-week range
Front / back ATM IV
+17.3% / +16.5%
0.8 pp front premium
Expected move
+3.4%
14 DTE · one standard deviation
ATM straddle / spot
–
front-window midpoint premium
25Δ risk reversal
– pp
put IV minus call IV
IV butterfly
2.8 pp
front-window smile convexity
Volume / open interest
0.01
3 contracts traded
Normalized net delta
0.329
option-holder convention
Modeled dealer delta
-0.329
opposite-side scenario
Vanna / 100k OI
0
volatility-sensitive delta
Charm / 100k OI
0
time-decay-sensitive delta
IV surface range
77.1 pp
published contour maximum minus minimum

Download the complete dated analysis JSON .

XLG closed 2.8% below its gamma max of 66.03. It is 7.4% above the delta neutral price of 59.50. Total open interest is 535, +0.6% 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

Chart loads when this section is in view.

In today's screens

Not in any screen today. See all screens.

Neighbours by open interest

Questions people ask about XLG

Where is XLG's gamma max today?

As of Oct 2, 2026, the gamma max for XLG is 66.03, +2.8% from the 64.25 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 XLG above or below its delta neutral price?

XLG closed above delta neutral: 64.25 against a delta neutral price of 59.50. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does XLG have?

535 contracts of open interest across 57 listed contracts on Oct 2, 2026, +0.6% 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.