Data through close

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

As of close · rank #417 by open interest · 1,404 sessions of history since Dec 1, 2020

JETS's nearest-expiration max pain is 27.50 for 2026-10-23, its GEX flip is 27.95, net GEX is -7,646,140, its put/call open-interest ratio is 1.40. These are whole-chain derived aggregates as of Oct 16, 2026 close.

JETS 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
27.50
+6.4% from close
Expiry: 2026-10-23
GEX flip
27.95
+8.1% from close
Net GEX
-7,646,140
-4,148,859 per 100k OI
Call wall
30.00
+16.1% from close
Put wall
25.00
-3.3% from close
Put/call OI
1.40
107,593 puts / 76,702 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
25.85
prev 26.56
Gamma max
31.46
+21.7% from close
Delta neutral
27.95
+8.1% from close
Gamma neutral
27.95
+8.1% from close
Open interest
184,295
-38.8% vs prev
Contracts listed
357
203 calls · 192 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
64.5
cross-sectional score / 100
Directional score
21.1
relatively bullish positioning
IV rank
100.0
within trailing 52-week range
Front IV premium
3.1 pp
front minus back volatility difference
25Δ risk reversal
-209.6 pp
put IV minus call IV
IV butterfly
4.1 pp
front-window smile convexity
Volume / open interest
0.03
8,502 contracts traded
Normalized net delta
-0.087
option-holder convention
Modeled dealer delta
0.087
opposite-side scenario
Vanna / 100k OI
1,604
volatility-sensitive delta
Charm / 100k OI
-69,479
time-decay-sensitive delta
IV surface range
227.2 pp
aggregate volatility dispersion

Strongest relative signals: 25Δ risk reversal -209.6 pp · IV rank 100

Download the dated aggregate analysis JSON .

JETS closed 21.7% below its gamma max of 31.46. It is 8.1% below the delta neutral price of 27.95. Total open interest is 184,295, -38.8% versus the previous session. Its options catalyst-intensity score is 64.5 out of 100, led by 25Δ risk reversal -209.6 pp, 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.

JETS call and put open interest changes
Measure Value
Call OI change, 1 session -97,145 contracts · -55.9%
Put OI change, 1 session -19,619 contracts · -15.4%
Call minus put OI growth, 1 session -40.5 pp
Call OI change, 5 sessions -87,810 contracts · -53.4%
Put OI change, 5 sessions -27,462 contracts · -20.3%
Call minus put OI growth, 5 sessions -33.0 pp
Daily call OI change surprise -6.79σ (252 prior changes)
Daily put OI change surprise -1.30σ (252 prior changes)
Daily call-minus-put growth surprise -3.15σ (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 24 completed Day +10 paths · latest Sep 15, 2025
JETS 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. -8.0% -4.0% 0% +4.0% +8.0% Cross on Dec 16, 2020 Cross on Feb 18, 2021 Cross on Feb 25, 2021 Cross on Mar 19, 2021 Cross on May 28, 2021 Cross on Feb 11, 2022 Cross on Aug 15, 2022 Cross on Sep 13, 2022 Cross on Jun 14, 2023 Cross on Dec 18, 2023 Cross on Dec 29, 2023 Cross on Jan 12, 2024 Cross on Feb 16, 2024 Cross on Dec 6, 2024 Cross on May 6, 2025 Cross on May 14, 2025 Cross on Jul 11, 2025 Cross on Jul 24, 2025 Cross on Aug 14, 2025 Cross on Aug 25, 2025 Cross on Aug 27, 2025 Cross on Sep 4, 2025 Cross on Sep 9, 2025 Cross on Sep 15, 2025 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
JETS historical gamma-max cross outcomes after closing below
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 24 +0.7% -0.1% to +1.0% 71% +0.2% to +1.0% +0.2%
Day +2 24 +0.6% -0.6% to +1.4% 67% -0.2% to +1.2% 0.0%
Day +3 24 +0.6% -1.0% to +1.5% 63% -0.7% to +1.3% 0.0%
Day +4 24 -0.0% -0.9% to +1.3% 46% -0.3% to +0.8% 0.0%
Day +5 24 -0.3% -1.7% to +0.8% 38% -1.2% to +0.6% 0.0%
Day +6 24 -0.1% -1.7% to +1.0% 38% -1.4% to +0.3% 0.0%
Day +7 24 -0.4% -2.2% to +0.9% 46% -1.7% to +0.6% 0.0%
Day +8 24 +0.1% -3.3% to +2.0% 54% -2.3% to +1.4% 0.0%
Day +9 24 -0.8% -2.5% to +1.6% 38% -2.4% to +0.6% 0.0%
Day +10 24 -0.9% -3.2% to +1.4% 38% -2.7% to +0.5% 0.0%
Crosses above gamma max 25 completed Day +10 paths · latest Sep 11, 2025
JETS 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. -8.0% -4.0% 0% +4.0% +8.0% Cross on Feb 17, 2021 Cross on Feb 22, 2021 Cross on Mar 8, 2021 Cross on May 27, 2021 Cross on Feb 9, 2022 Cross on Aug 12, 2022 Cross on Sep 12, 2022 Cross on Jun 13, 2023 Cross on Nov 15, 2023 Cross on Dec 14, 2023 Cross on Dec 19, 2023 Cross on Jan 11, 2024 Cross on Jan 25, 2024 Cross on Feb 15, 2024 Cross on Dec 5, 2024 Cross on May 2, 2025 Cross on May 13, 2025 Cross on Jul 10, 2025 Cross on Jul 23, 2025 Cross on Aug 12, 2025 Cross on Aug 22, 2025 Cross on Aug 26, 2025 Cross on Aug 28, 2025 Cross on Sep 5, 2025 Cross on Sep 11, 2025 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
JETS historical gamma-max cross outcomes after closing above
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 25 -0.8% -1.6% to 0.0% 20% -1.6% to -0.0% -0.0%
Day +2 25 -0.2% -2.1% to +0.4% 40% -1.4% to +0.3% 0.0%
Day +3 25 -0.3% -1.7% to +1.2% 44% -1.6% to +0.7% 0.0%
Day +4 25 +0.1% -1.9% to +1.3% 52% -1.8% to +0.7% 0.0%
Day +5 25 -0.4% -2.0% to +1.2% 44% -1.6% to +0.8% 0.0%
Day +6 25 -0.7% -2.4% to +0.4% 36% -2.0% to +0.3% 0.0%
Day +7 25 -1.5% -2.3% to -0.1% 20% -2.3% to -0.2% -0.2%
Day +8 25 -1.1% -2.5% to -0.2% 24% -2.5% to -0.2% -0.2%
Day +9 25 -0.3% -3.1% to +0.5% 44% -3.1% to +0.3% 0.0%
Day +10 25 -1.2% -4.3% to +1.4% 32% -3.6% to +1.0% 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

JETS trailing historical statistics
Sessions closed above gamma max 8%
Gamma max crosses 6
Delta neutral crosses 20
Prior-year sessions closer to gamma max 42.1% of 252
Prior-year sessions closer to delta neutral 85.3% of 252
Open interest percentile (1y) 19th
Daily open interest change versus prior year -5.01σ (-116,764 contracts; 252 prior changes)
Open interest change, 5 sessions -38.5%
Open interest change, 21 sessions -51.4%
History available Dec 1, 2020 → Oct 16, 2026

Recent crosses

  1. closed below delta neutral at 28.14 vs 28.18 (-0.1%)
  2. closed above delta neutral at 28.17 vs 28.15 (+0.1%)
  3. closed below delta neutral at 32.64 vs 32.74 (-0.3%)
  4. closed above delta neutral at 33.40 vs 32.98 (+1.3%)
  5. closed below delta neutral at 32.09 vs 32.22 (-0.4%)
  6. closed above delta neutral at 32.41 vs 32.14 (+0.8%)
  7. closed below delta neutral at 31.79 vs 31.84 (-0.2%)
  8. closed above delta neutral at 28.97 vs 28.86 (+0.4%)
  9. closed below delta neutral at 27.26 vs 27.89 (-2.3%)
  10. closed above delta neutral at 28.57 vs 28.38 (+0.7%)

In today's screens

Neighbours by open interest

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

Questions people ask about JETS

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

As of Oct 16, 2026 close, nearest-expiration max pain is 27.50 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 JETS's gamma exposure and gamma flip show?

Signed net GEX is -7,646,140 as of Oct 16, 2026 close. The confirmed GEX flip is 27.95. 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 JETS's gamma max today?

As of Oct 16, 2026, the gamma max for JETS is 31.46, +21.7% from the 25.85 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 JETS above or below its delta neutral price?

JETS closed below delta neutral: 25.85 against a delta neutral price of 27.95. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does JETS have?

184,295 contracts of open interest across 357 listed contracts on Oct 16, 2026, -38.8% 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.