XLU gamma max, delta neutral & open interest levels
As of close · rank #56 by open interest · 1,379 sessions of history since Dec 1, 2020
XLU closed 7.5% below its gamma max of 45.56. It is 3.8% below the delta neutral price of 44.01. Total open interest is 1,883,108, -0.6% 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 | 30 |
| Open interest percentile (1y) | 86th |
| Open interest change, 5 sessions | -1.2% |
| Open interest change, 21 sessions | +3.7% |
| History available | Dec 1, 2020 → Sep 11, 2026 |
Recent crosses
- closed below delta neutral at 44.91 vs 45.48 (-1.3%)
- closed above delta neutral at 45.93 vs 45.24 (+1.5%)
- closed below delta neutral at 45.16 vs 45.34 (-0.4%)
- closed above delta neutral at 45.76 vs 45.14 (+1.4%)
- closed below delta neutral at 44.77 vs 45.09 (-0.7%)
- closed above delta neutral at 45.07 vs 45.07 (+0.0%)
- closed below delta neutral at 45.70 vs 46.05 (-0.8%)
- closed above delta neutral at 46.85 vs 46.75 (+0.2%)
- closed below delta neutral at 46.16 vs 46.39 (-0.5%)
- closed above delta neutral at 46.35 vs 46.29 (+0.1%)
In today's screens
Neighbours by open interest
Questions people ask about XLU
Where is XLU's gamma max today?
As of Sep 11, 2026, the gamma max for XLU is 45.56, +7.5% from the 42.38 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 XLU above or below its delta neutral price?
XLU closed below delta neutral: 42.38 against a delta neutral price of 44.01. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does XLU have?
1,883,108 contracts of open interest across 633 listed contracts on Sep 11, 2026, -0.6% 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.