Data through close

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

As of close · rank #82 by open interest · 1,404 sessions of history since Dec 1, 2020

JBLU's nearest-expiration max pain is 3.50 for 2026-10-23, its GEX flip is 3.32, net GEX is -8,982,619, its put/call open-interest ratio is 1.25. These are whole-chain derived aggregates as of Oct 16, 2026 close.

JBLU 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
3.50
+19.5% from close
Expiry: 2026-10-23
GEX flip
3.32
+13.3% from close
Net GEX
-8,982,619
-720,882 per 100k OI
Call wall
5.00
+70.6% from close
Put wall
3.00
+2.4% from close
Put/call OI
1.25
691,648 puts / 554,411 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
2.93
prev 3.15
Gamma max
4.77
+62.8% from close
Delta neutral
3.78
+29.0% from close
Gamma neutral
3.32
+13.3% from close
Open interest
1,246,059
-6.2% vs prev
Contracts listed
214
155 calls · 118 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
43.6
cross-sectional score / 100
Directional score
-28.3
relatively bearish positioning
IV rank
100.0
within trailing 52-week range
Front IV premium
-1.3 pp
front minus back volatility difference
25Δ risk reversal
5.9 pp
put IV minus call IV
IV butterfly
– pp
front-window smile convexity
Volume / open interest
0.02
30,572 contracts traded
Normalized net delta
-0.068
option-holder convention
Modeled dealer delta
0.068
opposite-side scenario
Vanna / 100k OI
6,855
volatility-sensitive delta
Charm / 100k OI
-9,706
time-decay-sensitive delta
IV surface range
47.4 pp
aggregate volatility dispersion

Strongest relative signals: IV rank 100

Download the dated aggregate analysis JSON .

JBLU closed 62.8% below its gamma max of 4.77. It is 29.0% below the delta neutral price of 3.78. Total open interest is 1,246,059, -6.2% versus the previous session. Its options catalyst-intensity score is 43.6 out of 100, led by IV rank 100. 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.

JBLU call and put open interest changes
Measure Value
Call OI change, 1 session -77,003 contracts · -12.2%
Put OI change, 1 session -5,093 contracts · -0.7%
Call minus put OI growth, 1 session -11.5 pp
Call OI change, 5 sessions +20,105 contracts · +3.8%
Put OI change, 5 sessions +110,312 contracts · +19.0%
Call minus put OI growth, 5 sessions -15.2 pp
Daily call OI change surprise -3.33σ (252 prior changes)
Daily put OI change surprise -0.49σ (252 prior changes)
Daily call-minus-put growth surprise -2.86σ (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

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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 42 completed Day +10 paths · latest Aug 6, 2026
JBLU 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. -20.0% -10.0% 0% +10.0% +20.0% Cross on Dec 4, 2020 Cross on Feb 5, 2021 Cross on Feb 11, 2021 Cross on Feb 18, 2021 Cross on Mar 22, 2021 Cross on Apr 6, 2021 Cross on Jul 21, 2022 Cross on Sep 13, 2022 Cross on Nov 2, 2022 Cross on Nov 16, 2022 Cross on Jan 17, 2023 Cross on Jan 24, 2023 Cross on Feb 3, 2023 Cross on May 4, 2023 Cross on May 19, 2023 Cross on Jun 15, 2023 Cross on Jun 28, 2023 Cross on Jul 6, 2023 Cross on Jul 11, 2023 Cross on Dec 5, 2023 Cross on Dec 21, 2023 Cross on Dec 26, 2023 Cross on Feb 16, 2024 Cross on Mar 8, 2024 Cross on Mar 22, 2024 Cross on Apr 19, 2024 Cross on Oct 18, 2024 Cross on Dec 5, 2024 Cross on May 5, 2025 Cross on May 19, 2025 Cross on May 29, 2025 Cross on Jun 3, 2025 Cross on Aug 14, 2025 Cross on Jan 9, 2026 Cross on Jan 20, 2026 Cross on Feb 6, 2026 Cross on Apr 20, 2026 Cross on Jun 18, 2026 Cross on Jul 7, 2026 Cross on Jul 29, 2026 Cross on Jul 31, 2026 Cross on Aug 6, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
JBLU historical gamma-max cross outcomes after closing below
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 42 -0.2% -2.1% to +2.7% 43% -0.9% to +0.5% 0.0%
Day +2 42 -0.4% -3.2% to +3.4% 48% -1.8% to +1.3% 0.0%
Day +3 42 -0.3% -4.5% to +3.1% 48% -1.8% to +2.3% 0.0%
Day +4 42 -0.3% -4.0% to +2.5% 45% -2.1% to +1.8% 0.0%
Day +5 42 -2.2% -5.5% to +1.7% 38% -3.6% to +0.1% 0.0%
Day +6 42 -2.2% -5.7% to +3.6% 33% -3.5% to -0.6% -0.6%
Day +7 42 -1.2% -6.3% to +6.1% 43% -3.2% to +1.9% 0.0%
Day +8 42 -1.8% -6.5% to +3.8% 43% -4.5% to +0.5% 0.0%
Day +9 42 +0.2% -6.7% to +6.1% 50% -4.0% to +1.7% 0.0%
Day +10 42 -1.4% -7.7% to +5.7% 45% -4.1% to +1.0% 0.0%
Crosses above gamma max 42 completed Day +10 paths · latest Aug 3, 2026
JBLU 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. -16.0% -8.0% 0% +8.0% +16.0% Cross on Feb 4, 2021 Cross on Feb 8, 2021 Cross on Feb 16, 2021 Cross on Feb 22, 2021 Cross on Apr 5, 2021 Cross on Jul 20, 2022 Cross on Sep 9, 2022 Cross on Nov 1, 2022 Cross on Nov 15, 2022 Cross on Jan 12, 2023 Cross on Jan 20, 2023 Cross on Feb 2, 2023 Cross on May 3, 2023 Cross on May 17, 2023 Cross on Jun 14, 2023 Cross on Jun 27, 2023 Cross on Jul 5, 2023 Cross on Jul 10, 2023 Cross on Dec 4, 2023 Cross on Dec 7, 2023 Cross on Dec 18, 2023 Cross on Dec 22, 2023 Cross on Feb 12, 2024 Cross on Mar 6, 2024 Cross on Mar 20, 2024 Cross on Apr 18, 2024 Cross on Sep 26, 2024 Cross on Oct 16, 2024 Cross on Dec 4, 2024 Cross on Apr 29, 2025 Cross on May 9, 2025 Cross on May 27, 2025 Cross on Jun 2, 2025 Cross on Aug 13, 2025 Cross on Aug 15, 2025 Cross on Nov 26, 2025 Cross on Jan 8, 2026 Cross on Jan 16, 2026 Cross on Feb 3, 2026 Cross on Jul 6, 2026 Cross on Jul 30, 2026 Cross on Aug 3, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
JBLU historical gamma-max cross outcomes after closing above
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 42 -0.4% -2.5% to +1.5% 38% -0.8% to +0.1% 0.0%
Day +2 42 0.0% -2.9% to +2.2% 48% -1.3% to +1.0% 0.0%
Day +3 42 +0.1% -3.3% to +3.1% 50% -1.1% to +1.3% 0.0%
Day +4 42 -0.4% -3.9% to +3.0% 45% -2.6% to +2.2% 0.0%
Day +5 42 -0.3% -5.4% to +3.8% 48% -3.9% to +2.0% 0.0%
Day +6 42 -0.9% -6.5% to +3.4% 40% -3.1% to +1.2% 0.0%
Day +7 42 +0.2% -6.6% to +4.1% 52% -4.2% to +2.1% 0.0%
Day +8 42 -0.9% -5.6% to +5.9% 48% -3.8% to +2.8% 0.0%
Day +9 42 -0.1% -8.1% to +6.6% 48% -4.9% to +3.1% 0.0%
Day +10 42 -0.0% -6.9% to +6.5% 50% -4.4% to +2.9% 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

JBLU trailing historical statistics
Sessions closed above gamma max 6%
Gamma max crosses 20
Delta neutral crosses 15
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) 100th
Daily open interest change versus prior year -2.42σ (-82,096 contracts; 252 prior changes)
Open interest change, 5 sessions +11.7%
Open interest change, 21 sessions +13.5%
History available Dec 1, 2020 → Oct 16, 2026

Recent crosses

  1. closed below delta neutral at 4.39 vs 4.50 (-2.4%)
  2. closed above delta neutral at 4.57 vs 4.56 (+0.3%)
  3. closed below delta neutral at 4.60 vs 4.78 (-3.9%)
  4. closed above delta neutral at 4.95 vs 4.88 (+1.5%)
  5. closed below delta neutral at 5.04 vs 5.05 (-0.2%)
  6. closed below gamma max at 6.19 vs 6.40 (-3.3%)
  7. closed above gamma max at 6.23 vs 6.15 (+1.2%)
  8. closed below gamma max at 6.03 vs 6.12 (-1.5%)
  9. closed above gamma max at 6.07 vs 5.97 (+1.7%)
  10. closed below gamma max at 5.72 vs 5.95 (-4.1%)

In today's screens

Neighbours by open interest

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

Questions people ask about JBLU

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

As of Oct 16, 2026 close, nearest-expiration max pain is 3.50 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 JBLU's gamma exposure and gamma flip show?

Signed net GEX is -8,982,619 as of Oct 16, 2026 close. The confirmed GEX flip is 3.32. 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 JBLU's gamma max today?

As of Oct 16, 2026, the gamma max for JBLU is 4.77, +62.8% from the 2.93 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 JBLU above or below its delta neutral price?

JBLU closed below delta neutral: 2.93 against a delta neutral price of 3.78. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does JBLU have?

1,246,059 contracts of open interest across 214 listed contracts on Oct 16, 2026, -6.2% 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.