Data through close

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

As of close · rank #946 by open interest · snapshot page

PACS's nearest-expiration max pain is 45.00 for 2026-11-20, its GEX flip is 22.87, net GEX is 2,573,740, its put/call open-interest ratio is 0.14. These are whole-chain derived aggregates as of Oct 16, 2026 close.

PACS 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
45.00
-4.1% from close
Expiry: 2026-11-20
GEX flip
22.87
-51.3% from close
Net GEX
2,573,740
5,363,746 per 100k OI
Call wall
50.00
+6.6% from close
Put wall
35.00
-25.4% from close
Put/call OI
0.14
5,991 puts / 41,993 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
46.91
prev 47.75
Gamma max
44.10
-6.0% from close
Delta neutral
31.49
-32.9% from close
Gamma neutral
22.87
-51.3% from close
Open interest
47,984
-0.8% vs prev
Contracts listed
83
64 calls · 50 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
100.0
within trailing 52-week range
Front IV premium
5.8 pp
front minus back volatility difference
25Δ risk reversal
5.9 pp
put IV minus call IV
IV butterfly
-7.0 pp
front-window smile convexity
Volume / open interest
0.00
219 contracts traded
Normalized net delta
0.609
option-holder convention
Modeled dealer delta
-0.599
opposite-side scenario
Vanna / 100k OI
-1,115
volatility-sensitive delta
Charm / 100k OI
-91,365
time-decay-sensitive delta
IV surface range
12.6 pp
aggregate volatility dispersion

Download the dated aggregate analysis JSON .

PACS closed 6.0% above its gamma max of 44.10. It is 32.9% above the delta neutral price of 31.49. Total open interest is 47,984, -0.8% 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 PACS

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

As of Oct 16, 2026 close, nearest-expiration max pain is 45.00 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 PACS's gamma exposure and gamma flip show?

Signed net GEX is 2,573,740 as of Oct 16, 2026 close. The confirmed GEX flip is 22.87. 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 PACS's gamma max today?

As of Oct 16, 2026, the gamma max for PACS is 44.10, -6.0% from the 46.91 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 PACS above or below its delta neutral price?

PACS closed above delta neutral: 46.91 against a delta neutral price of 31.49. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does PACS have?

47,984 contracts of open interest across 83 listed contracts on Oct 16, 2026, -0.8% 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.