XLP gamma max, delta neutral & open interest levels
As of close · rank #193 by open interest · 1,379 sessions of history since Dec 1, 2020
XLP closed 64.9% below its gamma max of 137.49. It is 4.5% below the delta neutral price of 87.10. Total open interest is 571,271, -2.0% 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 | 4 |
| Open interest percentile (1y) | 51th |
| Open interest change, 5 sessions | +0.6% |
| Open interest change, 21 sessions | +12.1% |
| History available | Dec 1, 2020 → Sep 11, 2026 |
Recent crosses
- closed below delta neutral at 87.36 vs 87.59 (-0.3%)
- closed above delta neutral at 87.06 vs 87.01 (+0.1%)
- closed below delta neutral at 85.19 vs 85.97 (-0.9%)
- closed below gamma max at 85.19 vs 92.19 (-8.2%)
- closed above delta neutral at 85.81 vs 85.48 (+0.4%)
- closed above gamma max at 85.81 vs 85.27 (+0.6%)
- closed below delta neutral at 81.43 vs 81.78 (-0.4%)
- closed above delta neutral at 82.11 vs 82.00 (+0.1%)
- closed below delta neutral at 81.78 vs 82.07 (-0.4%)
- closed above delta neutral at 82.34 vs 82.21 (+0.2%)
In today's screens
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Neighbours by open interest
Questions people ask about XLP
Where is XLP's gamma max today?
As of Sep 11, 2026, the gamma max for XLP is 137.49, +64.9% from the 83.38 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 XLP above or below its delta neutral price?
XLP closed below delta neutral: 83.38 against a delta neutral price of 87.10. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does XLP have?
571,271 contracts of open interest across 601 listed contracts on Sep 11, 2026, -2.0% 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.