Data through close

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

As of close · rank #413 by open interest · 1,402 sessions of history since Dec 1, 2020

ALB's nearest-expiration max pain is 105.00 for 2026-10-23, its GEX flip is 94.98, net GEX is 130,700, its put/call open-interest ratio is 1.00. These are whole-chain derived aggregates as of Oct 16, 2026 close.

ALB max pain and GEX snapshot

End-of-day snapshot for . Nearest-expiration max pain uses the expiry shown on its card; GEX uses the whole chain. Missing values are unavailable, not zero.

Nearest-expiration max pain
105.00
+10.0% from close
Expiry: 2026-10-23
GEX flip
94.98
-0.5% from close
Net GEX
130,700
70,544 per 100k OI
Call wall
115.00
+20.4% from close
Put wall
110.00
+15.2% from close
Put/call OI
1.00
92,629 puts / 92,646 calls

Prices are in US dollars per share. Net GEX is modeled dollar-delta change per $1 underlying move. Max pain minimizes aggregate intrinsic payout for that expiration; it is not a closing-price forecast. Signed GEX uses calls positive and puts negative, a model convention rather than observed dealer inventory. The flip is a confirmed zero crossing; walls locate side-specific concentrations, not guaranteed support or resistance.

Learn how to read the max pain payout example, GEX chart, gamma flip and walls, and open interest versus trading volume.

Close
95.48
prev 98.18
Gamma max
118.12
+23.7% from close
Delta neutral
108.38
+13.5% from close
Gamma neutral
94.98
-0.5% from close
Open interest
185,275
-5.2% vs prev
Contracts listed
1,054
632 calls · 480 puts

Advanced options analysis

Public aggregate 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
50.8
cross-sectional score / 100
Directional score
-13.4
mixed positioning
IV rank
100.0
within trailing 52-week range
Front IV premium
-0.4 pp
front minus back volatility difference
25Δ risk reversal
2.8 pp
put IV minus call IV
IV butterfly
-8.9 pp
front-window smile convexity
Volume / open interest
0.06
10,868 contracts traded
Normalized net delta
-0.115
option-holder convention
Modeled dealer delta
0.115
opposite-side scenario
Vanna / 100k OI
2,507
volatility-sensitive delta
Charm / 100k OI
133,288
time-decay-sensitive delta
IV surface range
57.3 pp
aggregate volatility dispersion

Strongest relative signals: IV rank 100 · smile convexity -8.9 pp

Download the dated aggregate analysis JSON .

ALB closed 23.7% below its gamma max of 118.12. It is 13.5% below the delta neutral price of 108.38. Total open interest is 185,275, -5.2% versus the previous session. Its options catalyst-intensity score is 50.8 out of 100, led by IV rank 100, smile convexity -8.9 pp. What gamma max means · What delta neutral means

Call versus put open interest changes

Growth compares outstanding contracts on each side. A positive growth gap favors calls; a negative gap favors puts. Standardized surprises compare each measure with its own prior history. These describe the OI balance, not IV skew or buying direction.

ALB call and put open interest changes
Measure Value
Call OI change, 1 session -6,693 contracts · -6.7%
Put OI change, 1 session -3,475 contracts · -3.6%
Call minus put OI growth, 1 session -3.1 pp
Call OI change, 5 sessions +14,448 contracts · +18.5%
Put OI change, 5 sessions +5,203 contracts · +6.0%
Call minus put OI growth, 5 sessions +12.5 pp
Daily call OI change surprise -0.72σ (249 prior changes)
Daily put OI change surprise -0.49σ (249 prior changes)
Daily call-minus-put growth surprise -0.75σ (249 prior changes)

History

2025-10 2026-10
close delta neutral gamma max
Full history since 2020: drag to pan, scroll to zoom, hover for values. Open full-screen chart

Analysis visualizations

Daily ticker aggregates through 2026-10-16. The max pain curve pools all listed expirations; individual contracts are outside the public dataset.

Aggregate IV history

Chart loads when this section is in view.

Swipe chart sideways to see the full range.

What followed prior gamma-max crosses?

Each historical path starts at 0% on the cross date and follows the close for ten subsequent trading sessions. Cohorts use the same direction as labelled and require gamma max to be within 10% of the close on both crossing sessions.

Crosses above gamma max 18 completed Day +10 paths · latest Apr 16, 2026
ALB returns after crossing above gamma max Historical close-to-close return paths from Day 0 through Day 10, with the median, middle fifty percent, and a nominal confidence interval for the median. -18.0% -9.0% 0% +9.0% +18.0% Cross on Dec 8, 2020 Cross on Dec 18, 2020 Cross on Jan 5, 2021 Cross on Jul 12, 2021 Cross on Aug 5, 2021 Cross on Nov 19, 2021 Cross on Feb 29, 2024 Cross on Aug 27, 2025 Cross on Sep 18, 2025 Cross on Oct 9, 2025 Cross on Nov 12, 2025 Cross on Nov 17, 2025 Cross on Nov 28, 2025 Cross on Dec 18, 2025 Cross on Jan 6, 2026 Cross on Jan 9, 2026 Cross on Jan 22, 2026 Cross on Apr 16, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
ALB historical gamma-max cross outcomes after closing above
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 18 +1.6% -1.2% to +3.7% 67% -1.0% to +3.6% 0.0%
Day +2 18 -0.0% -2.1% to +5.1% 50% -1.8% to +4.4% 0.0%
Day +3 18 -0.6% -2.6% to +6.1% 44% -2.5% to +4.4% 0.0%
Day +4 18 +0.0% -6.2% to +7.6% 50% -5.2% to +7.1% 0.0%
Day +5 18 -1.4% -4.1% to +7.5% 44% -4.0% to +6.8% 0.0%
Day +6 18 +1.4% -5.6% to +6.8% 50% -5.3% to +6.4% 0.0%
Day +7 18 +1.3% -6.0% to +7.4% 56% -4.5% to +7.4% 0.0%
Day +8 18 +0.4% -6.7% to +4.6% 56% -5.3% to +3.1% 0.0%
Day +9 18 +2.0% -7.9% to +9.7% 56% -5.4% to +9.1% 0.0%
Day +10 18 +3.0% -7.2% to +10.2% 67% -2.4% to +9.0% 0.0%
Crosses below gamma max 15 completed Day +10 paths · latest Jan 23, 2026
ALB returns after crossing below gamma max Historical close-to-close return paths from Day 0 through Day 10, with the median, middle fifty percent, and a nominal confidence interval for the median. -22.0% -11.0% 0% +11.0% +22.0% Cross on Dec 9, 2020 Cross on Dec 31, 2020 Cross on Jan 11, 2021 Cross on Jul 13, 2021 Cross on Aug 11, 2021 Cross on Nov 23, 2021 Cross on Mar 1, 2024 Cross on Aug 28, 2025 Cross on Oct 10, 2025 Cross on Nov 14, 2025 Cross on Nov 18, 2025 Cross on Dec 2, 2025 Cross on Dec 22, 2025 Cross on Jan 8, 2026 Cross on Jan 23, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
ALB historical gamma-max cross outcomes after closing below
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 15 +0.2% -0.5% to +2.6% 60% -0.8% to +2.9% 0.0%
Day +2 15 +0.5% -3.6% to +3.9% 53% -4.1% to +5.4% 0.0%
Day +3 15 -2.3% -4.0% to +6.2% 47% -4.3% to +9.2% 0.0%
Day +4 15 -3.2% -4.6% to +1.4% 33% -4.6% to +1.6% 0.0%
Day +5 15 +0.9% -5.2% to +3.2% 53% -5.6% to +3.2% 0.0%
Day +6 15 +0.6% -4.3% to +3.5% 53% -5.0% to +4.0% 0.0%
Day +7 15 -0.5% -7.8% to +4.8% 47% -8.6% to +5.0% 0.0%
Day +8 15 +0.5% -6.5% to +5.3% 53% -9.7% to +7.1% 0.0%
Day +9 15 +3.2% -4.3% to +8.6% 60% -5.7% to +8.8% 0.0%
Day +10 15 +2.3% -2.5% to +12.0% 60% -3.8% to +12.9% 0.0%

Returns are close-to-close after the labelled number of subsequent trading sessions. The confidence floor is the closest-to-zero bound of the order-statistic median interval; it is zero when that interval spans zero. Its coverage is nominally at least 90% under independent observations. Historical paths can overlap, so the interval and floor are descriptive uncertainty guides rather than formal coverage guarantees. Historical, not a forecast.

Last 252 sessions

ALB trailing historical statistics
Sessions closed above gamma max 6%
Gamma max crosses 16
Delta neutral crosses 5
Prior-year sessions closer to gamma max 57.9% of 252
Prior-year sessions closer to delta neutral 67.9% of 252
Open interest percentile (1y) 11th
Daily open interest change versus prior year -0.69σ (-10,168 contracts; 252 prior changes)
Open interest change, 5 sessions +11.9%
Open interest change, 21 sessions -5.9%
History available Dec 1, 2020 → Oct 16, 2026

Recent crosses

  1. closed below delta neutral at 134.19 vs 134.77 (-0.4%)
  2. closed above delta neutral at 134.28 vs 134.27 (+0.0%)
  3. closed below delta neutral at 176.10 vs 176.20 (-0.1%)
  4. closed above delta neutral at 177.75 vs 175.88 (+1.1%)
  5. closed below delta neutral at 175.74 vs 180.95 (-3.0%)
  6. closed below gamma max at 197.75 vs 221.22 (-11.9%)
  7. closed above gamma max at 215.62 vs 207.05 (+4.0%)
  8. closed below gamma max at 189.51 vs 197.50 (-4.2%)
  9. closed above gamma max at 188.32 vs 186.92 (+0.7%)
  10. closed below gamma max at 163.04 vs 187.44 (-15.0%)

In today's screens

Neighbours by open interest

Cite or embed this snapshot

Share the dated 1600×840 image or cite this canonical page. The card contains public derived aggregates, not contract-level quotes.

Open share image

Canonical source: https://halfonadouble.com/stock/ALB

Questions people ask about ALB

What is ALB's max pain for the nearest expiration?

As of Oct 16, 2026 close, nearest-expiration max pain is 105.00 for the 2026-10-23 expiration. It is a payout-minimizing strike for one expiration. An all-expiration pooled value is a different comparison, and neither establishes where the underlying will close. Max pain definition and worked payout example.

Our 2025 max-pain study compares historical Thursday levels with Friday underlying closes and an unchanged-price baseline. Its scope and results are separate from this current ticker snapshot.

What do ALB's gamma exposure and gamma flip show?

Signed net GEX is 130,700 as of Oct 16, 2026 close. The confirmed GEX flip is 94.98. These aggregate model outputs use calls positive and puts negative. Their sign does not identify dealers' actual positions or predict the next move. How to interpret GEX, gamma flip and walls.

Where is ALB's gamma max today?

As of Oct 16, 2026, the gamma max for ALB is 118.12, +23.7% from the 95.48 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 ALB above or below its delta neutral price?

ALB closed below delta neutral: 95.48 against a delta neutral price of 108.38. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does ALB have?

185,275 contracts of open interest across 1,054 listed contracts on Oct 16, 2026, -5.2% 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.