Data through close

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

As of close · rank #216 by open interest · 1,404 sessions of history since Dec 1, 2020

BX's nearest-expiration max pain is 115.00 for 2026-10-23, its GEX flip is 175.90, net GEX is -20,673,549, its put/call open-interest ratio is 1.88. These are whole-chain derived aggregates as of Oct 16, 2026 close.

BX 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
115.00
+7.8% from close
Expiry: 2026-10-23
GEX flip
175.90
+65.0% from close
Net GEX
-20,673,549
-4,525,198 per 100k OI
Call wall
120.00
+12.5% from close
Put wall
100.00
-6.2% from close
Put/call OI
1.88
298,151 puts / 158,703 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
106.63
prev 109.26
Gamma max
215.63
+102.2% from close
Delta neutral
134.75
+26.4% from close
Gamma neutral
175.90
+65.0% from close
Open interest
456,854
-11.4% vs prev
Contracts listed
928
530 calls · 456 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
59.5
cross-sectional score / 100
Directional score
-35.4
relatively bearish positioning
IV rank
82.1
within trailing 52-week range
Front IV premium
20.5 pp
front minus back volatility difference
25Δ risk reversal
6.3 pp
put IV minus call IV
IV butterfly
-2.5 pp
front-window smile convexity
Volume / open interest
0.08
40,982 contracts traded
Normalized net delta
-0.227
option-holder convention
Modeled dealer delta
0.226
opposite-side scenario
Vanna / 100k OI
3,065
volatility-sensitive delta
Charm / 100k OI
886,044
time-decay-sensitive delta
IV surface range
113.5 pp
aggregate volatility dispersion

Strongest relative signals: front IV premium 20.5 pp · volume/OI 0.08

Download the dated aggregate analysis JSON .

BX closed 102.2% below its gamma max of 215.63. It is 26.4% below the delta neutral price of 134.75. Total open interest is 456,854, -11.4% versus the previous session. Its options catalyst-intensity score is 59.5 out of 100, led by front IV premium 20.5 pp, volume/OI 0.08. 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.

BX call and put open interest changes
Measure Value
Call OI change, 1 session -23,811 contracts · -13.0%
Put OI change, 1 session -34,749 contracts · -10.4%
Call minus put OI growth, 1 session -2.6 pp
Call OI change, 5 sessions -16,797 contracts · -9.6%
Put OI change, 5 sessions -6,297 contracts · -2.1%
Call minus put OI growth, 5 sessions -7.5 pp
Daily call OI change surprise -2.89σ (252 prior changes)
Daily put OI change surprise -3.49σ (252 prior changes)
Daily call-minus-put growth surprise -0.91σ (252 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 below gamma max 27 completed Day +10 paths · latest Aug 14, 2025
BX 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. -12.0% -6.0% 0% +6.0% +12.0% Cross on Dec 4, 2020 Cross on Dec 14, 2020 Cross on Dec 18, 2020 Cross on Dec 24, 2020 Cross on Jan 22, 2021 Cross on Mar 18, 2021 Cross on Apr 9, 2021 Cross on Apr 16, 2021 Cross on Apr 26, 2021 Cross on May 28, 2021 Cross on Jun 8, 2021 Cross on Jun 18, 2021 Cross on Jul 28, 2021 Cross on Aug 27, 2021 Cross on Oct 27, 2021 Cross on Mar 30, 2022 Cross on May 27, 2022 Cross on Jul 20, 2023 Cross on Sep 1, 2023 Cross on Sep 12, 2023 Cross on Dec 18, 2023 Cross on Sep 20, 2024 Cross on Oct 18, 2024 Cross on Nov 12, 2024 Cross on Nov 26, 2024 Cross on Jul 11, 2025 Cross on Aug 14, 2025 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
BX historical gamma-max cross outcomes after closing below
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 27 -0.1% -0.5% to +1.3% 48% -0.4% to +0.6% 0.0%
Day +2 27 +0.3% -0.8% to +1.0% 59% -0.5% to +0.7% 0.0%
Day +3 27 +0.7% -0.1% to +2.5% 74% +0.2% to +1.4% +0.2%
Day +4 27 +1.3% -0.7% to +3.3% 70% +0.3% to +3.1% +0.3%
Day +5 27 +2.1% -2.3% to +3.2% 67% -0.1% to +2.9% 0.0%
Day +6 27 +1.8% -1.2% to +3.0% 67% -0.1% to +2.9% 0.0%
Day +7 27 +1.7% -2.0% to +4.5% 63% -1.3% to +3.4% 0.0%
Day +8 27 +1.4% -1.3% to +4.3% 63% -0.5% to +4.1% 0.0%
Day +9 27 +2.1% -2.2% to +6.1% 59% -1.7% to +3.9% 0.0%
Day +10 27 +1.7% -2.8% to +4.1% 63% -2.4% to +4.0% 0.0%
Crosses above gamma max 26 completed Day +10 paths · latest Aug 13, 2025
BX 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. -12.0% -6.0% 0% +6.0% +12.0% Cross on Dec 3, 2020 Cross on Dec 11, 2020 Cross on Dec 15, 2020 Cross on Dec 23, 2020 Cross on Jan 21, 2021 Cross on Mar 11, 2021 Cross on Apr 8, 2021 Cross on Apr 13, 2021 Cross on Apr 23, 2021 Cross on May 24, 2021 Cross on Jun 7, 2021 Cross on Jun 11, 2021 Cross on Jul 21, 2021 Cross on Aug 26, 2021 Cross on Oct 21, 2021 Cross on Mar 29, 2022 Cross on Jul 13, 2023 Cross on Aug 31, 2023 Cross on Sep 8, 2023 Cross on Dec 13, 2023 Cross on Sep 19, 2024 Cross on Oct 17, 2024 Cross on Nov 11, 2024 Cross on Nov 21, 2024 Cross on Jul 9, 2025 Cross on Aug 13, 2025 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
BX historical gamma-max cross outcomes after closing above
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 26 +0.2% -0.8% to +1.5% 54% -0.3% to +1.1% 0.0%
Day +2 26 +1.0% -0.4% to +1.9% 65% -0.1% to +1.6% 0.0%
Day +3 26 +1.1% -0.8% to +2.7% 62% -0.8% to +2.1% 0.0%
Day +4 26 +1.4% -0.9% to +2.8% 65% -0.5% to +2.3% 0.0%
Day +5 26 +1.3% -0.3% to +4.4% 65% -0.0% to +2.4% 0.0%
Day +6 26 +1.8% -1.0% to +3.8% 69% +1.0% to +3.1% +1.0%
Day +7 26 +2.3% -0.1% to +4.3% 73% +1.0% to +3.8% +1.0%
Day +8 26 +2.5% -0.5% to +6.0% 73% +1.0% to +5.3% +1.0%
Day +9 26 +2.8% -1.3% to +6.4% 69% +1.1% to +6.0% +1.1%
Day +10 26 +3.5% -1.3% to +7.8% 65% -0.7% to +6.4% 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

BX trailing historical statistics
Sessions closed above gamma max 0%
Gamma max crosses 0
Delta neutral crosses 20
Prior-year sessions closer to gamma max 100.0% of 252
Prior-year sessions closer to delta neutral 100.0% of 252
Open interest percentile (1y) 81th
Daily open interest change versus prior year -3.34σ (-58,560 contracts; 252 prior changes)
Open interest change, 5 sessions -4.8%
Open interest change, 21 sessions -11.8%
History available Dec 1, 2020 → Oct 16, 2026

Recent crosses

  1. closed below delta neutral at 143.60 vs 143.63 (-0.0%)
  2. closed above delta neutral at 134.67 vs 132.12 (+1.9%)
  3. closed below delta neutral at 129.40 vs 132.15 (-2.1%)
  4. closed above delta neutral at 132.57 vs 132.45 (+0.1%)
  5. closed below delta neutral at 129.08 vs 131.46 (-1.8%)
  6. closed above delta neutral at 130.19 vs 128.01 (+1.7%)
  7. closed below delta neutral at 153.91 vs 158.64 (-3.1%)
  8. closed above delta neutral at 158.71 vs 156.58 (+1.3%)
  9. closed below delta neutral at 155.25 vs 155.30 (-0.0%)
  10. closed above delta neutral at 157.62 vs 155.77 (+1.2%)

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/BX

Questions people ask about BX

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

As of Oct 16, 2026 close, nearest-expiration max pain is 115.00 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 BX's gamma exposure and gamma flip show?

Signed net GEX is -20,673,549 as of Oct 16, 2026 close. The confirmed GEX flip is 175.90. 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 BX's gamma max today?

As of Oct 16, 2026, the gamma max for BX is 215.63, +102.2% from the 106.63 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 BX above or below its delta neutral price?

BX closed below delta neutral: 106.63 against a delta neutral price of 134.75. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does BX have?

456,854 contracts of open interest across 928 listed contracts on Oct 16, 2026, -11.4% 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.