Data through close

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

As of close · rank #559 by open interest · 1,404 sessions of history since Dec 1, 2020

KR's nearest-expiration max pain is 61.00 for 2026-10-23, its GEX flip is 57.46, net GEX is 18,786,103, its put/call open-interest ratio is 0.65. These are whole-chain derived aggregates as of Oct 16, 2026 close.

KR 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
61.00
-4.1% from close
Expiry: 2026-10-23
GEX flip
57.46
-9.7% from close
Net GEX
18,786,103
15,907,215 per 100k OI
Call wall
65.00
+2.2% from close
Put wall
57.50
-9.6% from close
Put/call OI
0.65
46,310 puts / 71,788 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
63.63
prev 62.71
Gamma max
64.45
+1.3% from close
Delta neutral
59.90
-5.9% from close
Gamma neutral
57.46
-9.7% from close
Open interest
118,098
-17.1% vs prev
Contracts listed
409
234 calls · 206 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
60.0
cross-sectional score / 100
Directional score
5.9
mixed positioning
IV rank
100.0
within trailing 52-week range
Front IV premium
6.6 pp
front minus back volatility difference
25Δ risk reversal
3.3 pp
put IV minus call IV
IV butterfly
1.5 pp
front-window smile convexity
Volume / open interest
0.05
8,990 contracts traded
Normalized net delta
0.163
option-holder convention
Modeled dealer delta
-0.130
opposite-side scenario
Vanna / 100k OI
2,155
volatility-sensitive delta
Charm / 100k OI
-2,415,078
time-decay-sensitive delta
IV surface range
110.6 pp
aggregate volatility dispersion

Strongest relative signals: IV rank 100 · front IV premium 6.6 pp

Download the dated aggregate analysis JSON .

KR closed 1.3% below its gamma max of 64.45. It is 5.9% above the delta neutral price of 59.90. That is a fresh cross: the previous close was on the other side of gamma max. Total open interest is 118,098, -17.1% versus the previous session. Its options catalyst-intensity score is 60.0 out of 100, led by IV rank 100, front IV premium 6.6 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.

KR call and put open interest changes
Measure Value
Call OI change, 1 session -13,011 contracts · -15.3%
Put OI change, 1 session -11,338 contracts · -19.7%
Call minus put OI growth, 1 session +4.3 pp
Call OI change, 5 sessions -6,912 contracts · -8.8%
Put OI change, 5 sessions -7,700 contracts · -14.3%
Call minus put OI growth, 5 sessions +5.5 pp
Daily call OI change surprise -1.29σ (252 prior changes)
Daily put OI change surprise -2.76σ (252 prior changes)
Daily call-minus-put growth surprise +0.41σ (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 33 completed Day +10 paths · latest Oct 16, 2026 fresh cross
KR 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 Jun 9, 2021 Cross on Jul 20, 2021 Cross on Aug 18, 2021 Cross on Nov 4, 2021 Cross on Mar 4, 2022 Cross on Apr 11, 2022 Cross on Nov 18, 2022 Cross on Mar 9, 2023 Cross on Mar 11, 2024 Cross on Oct 10, 2024 Cross on Nov 7, 2024 Cross on Nov 27, 2024 Cross on Dec 13, 2024 Cross on Feb 6, 2025 Cross on Feb 11, 2025 Cross on Feb 13, 2025 Cross on Apr 4, 2025 Cross on Apr 22, 2025 Cross on May 6, 2025 Cross on Aug 12, 2025 Cross on Feb 6, 2026 Cross on Feb 10, 2026 Cross on Feb 25, 2026 Cross on Mar 9, 2026 Cross on Mar 16, 2026 Cross on Mar 31, 2026 Cross on Apr 22, 2026 Cross on Apr 24, 2026 Cross on May 21, 2026 Cross on Jul 28, 2026 Cross on Jul 31, 2026 Cross on Sep 18, 2026 Cross on Sep 30, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
KR historical gamma-max cross outcomes after closing below
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 35 -0.3% -1.1% to +1.0% 46% -0.7% to +0.6% 0.0%
Day +2 35 -0.6% -1.8% to +0.6% 40% -1.5% to +0.1% 0.0%
Day +3 35 -0.3% -2.2% to +0.9% 43% -1.7% to +0.3% 0.0%
Day +4 34 -0.9% -1.9% to +1.5% 44% -1.7% to +1.1% 0.0%
Day +5 34 -0.6% -2.2% to +1.1% 41% -1.9% to +0.6% 0.0%
Day +6 33 -1.1% -2.3% to +1.0% 36% -2.2% to +0.2% 0.0%
Day +7 33 -0.4% -2.9% to +1.2% 39% -2.1% to +0.2% 0.0%
Day +8 33 -0.3% -3.6% to +0.8% 45% -2.3% to +0.4% 0.0%
Day +9 33 -0.9% -2.9% to +1.4% 36% -1.7% to +0.5% 0.0%
Day +10 33 -1.2% -4.5% to +1.8% 33% -1.9% to -0.0% -0.0%
Crosses above gamma max 35 completed Day +10 paths · latest Oct 14, 2026
KR 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 Jan 27, 2021 Cross on Jun 3, 2021 Cross on Jun 10, 2021 Cross on Jul 19, 2021 Cross on Aug 17, 2021 Cross on Nov 3, 2021 Cross on Mar 3, 2022 Cross on Apr 8, 2022 Cross on Nov 17, 2022 Cross on Mar 8, 2023 Cross on Mar 7, 2024 Cross on Oct 9, 2024 Cross on Nov 6, 2024 Cross on Nov 26, 2024 Cross on Dec 11, 2024 Cross on Feb 4, 2025 Cross on Feb 7, 2025 Cross on Feb 12, 2025 Cross on Apr 3, 2025 Cross on Apr 16, 2025 Cross on May 5, 2025 Cross on Aug 11, 2025 Cross on Feb 3, 2026 Cross on Feb 9, 2026 Cross on Feb 24, 2026 Cross on Mar 6, 2026 Cross on Mar 13, 2026 Cross on Mar 30, 2026 Cross on Apr 21, 2026 Cross on Apr 23, 2026 Cross on May 19, 2026 Cross on Jul 27, 2026 Cross on Jul 30, 2026 Cross on Sep 14, 2026 Cross on Sep 29, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
KR historical gamma-max cross outcomes after closing above
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 38 -0.3% -1.7% to +0.8% 39% -1.1% to +0.2% 0.0%
Day +2 38 -0.7% -2.3% to +0.9% 45% -1.5% to +0.4% 0.0%
Day +3 37 -1.1% -2.9% to +0.1% 27% -2.2% to -0.3% -0.3%
Day +4 37 -0.7% -2.9% to +1.0% 30% -1.6% to -0.3% -0.3%
Day +5 36 -0.8% -2.8% to +0.9% 42% -1.6% to +0.4% 0.0%
Day +6 36 -1.2% -2.8% to +0.6% 36% -2.5% to +0.2% 0.0%
Day +7 35 -1.4% -3.2% to +0.8% 37% -2.3% to +0.0% 0.0%
Day +8 35 -1.1% -3.8% to +0.9% 31% -2.9% to -0.5% -0.5%
Day +9 35 -1.8% -3.3% to +0.7% 40% -2.8% to +0.3% 0.0%
Day +10 35 -0.5% -3.4% to +1.3% 40% -2.6% to +0.9% 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

KR trailing historical statistics
Sessions closed above gamma max 9%
Gamma max crosses 32
Delta neutral crosses 36
Prior-year sessions closer to gamma max 15.1% of 252
Prior-year sessions closer to delta neutral 88.1% of 252
Open interest percentile (1y) 36th
Daily open interest change versus prior year -1.80σ (-24,349 contracts; 252 prior changes)
Open interest change, 5 sessions -11.0%
Open interest change, 21 sessions -23.7%
History available Dec 1, 2020 → Oct 16, 2026

Recent crosses

  1. closed below gamma max at 63.63 vs 64.45 (-1.3%)
  2. closed above gamma max at 63.09 vs 62.82 (+0.4%)
  3. closed below gamma max at 60.74 vs 62.46 (-2.8%)
  4. closed above gamma max at 62.56 vs 62.55 (+0.0%)
  5. closed below gamma max at 61.64 vs 62.84 (-2.0%)
  6. closed above gamma max at 61.41 vs 60.58 (+1.4%)
  7. closed above delta neutral at 59.25 vs 58.83 (+0.7%)
  8. closed below delta neutral at 59.03 vs 59.54 (-0.9%)
  9. closed above delta neutral at 59.48 vs 59.09 (+0.7%)
  10. closed below delta neutral at 58.62 vs 58.66 (-0.1%)

In today's screens

Neighbours by open interest

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

Questions people ask about KR

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

As of Oct 16, 2026 close, nearest-expiration max pain is 61.00 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 KR's gamma exposure and gamma flip show?

Signed net GEX is 18,786,103 as of Oct 16, 2026 close. The confirmed GEX flip is 57.46. 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 KR's gamma max today?

As of Oct 16, 2026, the gamma max for KR is 64.45, +1.3% from the 63.63 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 KR above or below its delta neutral price?

KR closed above delta neutral: 63.63 against a delta neutral price of 59.90. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does KR have?

118,098 contracts of open interest across 409 listed contracts on Oct 16, 2026, -17.1% 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.