Data through close

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

As of close · rank #2515 by open interest · snapshot page

ICLR's nearest-expiration max pain is 155.00 for 2026-11-20, its GEX flip is 109.91, net GEX is 290,118, its put/call open-interest ratio is 0.30. These are whole-chain derived aggregates as of Oct 16, 2026 close.

ICLR 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
155.00
-8.9% from close
Expiry: 2026-11-20
GEX flip
109.91
-35.4% from close
Net GEX
290,118
6,425,639 per 100k OI
Call wall
160.00
-6.0% from close
Put wall
130.00
-23.6% from close
Put/call OI
0.30
1,041 puts / 3,474 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
170.18
prev 175.13
Gamma max
172.27
+1.2% from close
Delta neutral
129.09
-24.1% from close
Gamma neutral
109.91
-35.4% from close
Open interest
4,515
-29.0% vs prev
Contracts listed
139
108 calls · 61 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
–
cross-sectional score / 100
Directional score
–
IV rank
66.6
within trailing 52-week range
Front IV premium
8.5 pp
front minus back volatility difference
25Δ risk reversal
3.8 pp
put IV minus call IV
IV butterfly
0.9 pp
front-window smile convexity
Volume / open interest
0.19
1,270 contracts traded
Normalized net delta
0.282
option-holder convention
Modeled dealer delta
-0.247
opposite-side scenario
Vanna / 100k OI
-150
volatility-sensitive delta
Charm / 100k OI
-348,963
time-decay-sensitive delta
IV surface range
24.7 pp
aggregate volatility dispersion

Download the dated aggregate analysis JSON .

ICLR closed 1.2% below its gamma max of 172.27. It is 24.1% above the delta neutral price of 129.09. Total open interest is 4,515, -29.0% versus the previous session. What gamma max means · What delta neutral means

History

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

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In today's screens

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Neighbours by open interest

Questions people ask about ICLR

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

As of Oct 16, 2026 close, nearest-expiration max pain is 155.00 for the 2026-11-20 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 ICLR's gamma exposure and gamma flip show?

Signed net GEX is 290,118 as of Oct 16, 2026 close. The confirmed GEX flip is 109.91. 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 ICLR's gamma max today?

As of Oct 16, 2026, the gamma max for ICLR is 172.27, +1.2% from the 170.18 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 ICLR above or below its delta neutral price?

ICLR closed above delta neutral: 170.18 against a delta neutral price of 129.09. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does ICLR have?

4,515 contracts of open interest across 139 listed contracts on Oct 16, 2026, -29.0% 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.