Data through close

XLV gamma max, delta neutral & open interest levels

As of close · rank #162 by open interest · 1,379 sessions of history since Dec 1, 2020

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Close
165.36
prev 165.66
Gamma max
174.17
+5.3% from close
Delta neutral
157.66
-4.7% from close
Gamma neutral
157.98
-4.5% from close
Open interest
670,922
-1.1% vs prev
Contracts listed
841
500 calls · 421 puts

XLV closed 5.3% below its gamma max of 174.17. It is 4.7% above the delta neutral price of 157.66. Total open interest is 670,922, -1.1% versus the previous session. What gamma max means · What delta neutral means

One-year history

2025-092026-09
close delta neutral gamma max

Last 252 sessions

Sessions closed above gamma max6%
Gamma max crosses22
Delta neutral crosses6
Open interest percentile (1y)99th
Open interest change, 5 sessions+1.7%
Open interest change, 21 sessions+11.9%
History availableDec 1, 2020 → Sep 11, 2026

Recent crosses

  1. closed below gamma max at 174.70 vs 177.94 (-1.9%)
  2. closed above gamma max at 174.62 vs 172.61 (+1.1%)
  3. closed below gamma max at 172.39 vs 174.62 (-1.3%)
  4. closed above gamma max at 169.73 vs 169.59 (+0.1%)
  5. closed below gamma max at 168.01 vs 168.11 (-0.1%)
  6. closed above gamma max at 168.44 vs 167.53 (+0.5%)
  7. closed below gamma max at 163.52 vs 165.56 (-1.3%)
  8. closed above gamma max at 167.26 vs 166.42 (+0.5%)
  9. closed below gamma max at 161.09 vs 165.12 (-2.5%)
  10. closed above gamma max at 161.80 vs 160.86 (+0.6%)

In today's screens

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Neighbours by open interest

Questions people ask about XLV

Where is XLV's gamma max today?

As of Sep 11, 2026, the gamma max for XLV is 174.17, +5.3% from the 165.36 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 XLV above or below its delta neutral price?

XLV closed above delta neutral: 165.36 against a delta neutral price of 157.66. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does XLV have?

670,922 contracts of open interest across 841 listed contracts on Sep 11, 2026, -1.1% 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.