Data through close

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

As of close · rank #4381 by open interest · snapshot page

QUAL's nearest-expiration max pain is 220.00 for 2026-11-20, its GEX flip is 137.16, net GEX is 66,885, its put/call open-interest ratio is 0.14. These are whole-chain derived aggregates as of Oct 16, 2026 close.

QUAL 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
220.00
-2.2% from close
Expiry: 2026-11-20
GEX flip
137.16
-39.0% from close
Net GEX
66,885
33,442,503 per 100k OI
Call wall
225.00
+0.0% from close
Put wall
225.00
+0.0% from close
Put/call OI
0.14
24 puts / 176 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
224.93
prev 226.72
Gamma max
227.52
+1.2% from close
Delta neutral
187.54
-16.6% from close
Gamma neutral
137.16
-39.0% from close
Open interest
200
-34.9% vs prev
Contracts listed
32
24 calls · 9 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
95.3
within trailing 52-week range
Front IV premium
0.0 pp
front minus back volatility difference
25Δ risk reversal
– pp
put IV minus call IV
IV butterfly
– pp
front-window smile convexity
Volume / open interest
0.03
10 contracts traded
Normalized net delta
0.407
option-holder convention
Modeled dealer delta
-0.305
opposite-side scenario
Vanna / 100k OI
-1,954
volatility-sensitive delta
Charm / 100k OI
0
time-decay-sensitive delta
IV surface range
3.3 pp
aggregate volatility dispersion

Download the dated aggregate analysis JSON .

QUAL closed 1.2% below its gamma max of 227.52. It is 16.6% above the delta neutral price of 187.54. That is a fresh cross: the previous close was on the other side of gamma max. Total open interest is 200, -34.9% 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

Chart loads when this section is in view.

Swipe chart sideways to see the full range.

In today's screens

Neighbours by open interest

Questions people ask about QUAL

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

As of Oct 16, 2026 close, nearest-expiration max pain is 220.00 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 QUAL's gamma exposure and gamma flip show?

Signed net GEX is 66,885 as of Oct 16, 2026 close. The confirmed GEX flip is 137.16. 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 QUAL's gamma max today?

As of Oct 16, 2026, the gamma max for QUAL is 227.52, +1.2% from the 224.93 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 QUAL above or below its delta neutral price?

QUAL closed above delta neutral: 224.93 against a delta neutral price of 187.54. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does QUAL have?

200 contracts of open interest across 32 listed contracts on Oct 16, 2026, -34.9% 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.