Data through close

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

As of close · rank #498 by open interest · 1,404 sessions of history since Dec 1, 2020

TEAM's nearest-expiration max pain is 190.00 for 2026-10-23, its GEX flip is 168.22, net GEX is 2,754,220, its put/call open-interest ratio is 0.75. These are whole-chain derived aggregates as of Oct 16, 2026 close.

TEAM 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
190.00
-8.6% from close
Expiry: 2026-10-23
GEX flip
168.22
-19.1% from close
Net GEX
2,754,220
1,948,580 per 100k OI
Call wall
230.00
+10.7% from close
Put wall
160.00
-23.0% from close
Put/call OI
0.75
60,476 puts / 80,869 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
207.82
prev 217.12
Gamma max
225.55
+8.5% from close
Delta neutral
173.58
-16.5% from close
Gamma neutral
168.22
-19.1% from close
Open interest
141,345
-13.2% vs prev
Contracts listed
678
473 calls · 408 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
37.0
cross-sectional score / 100
Directional score
-23.8
relatively bearish positioning
IV rank
58.1
within trailing 52-week range
Front IV premium
-7.1 pp
front minus back volatility difference
25Δ risk reversal
12.3 pp
put IV minus call IV
IV butterfly
13.6 pp
front-window smile convexity
Volume / open interest
0.05
7,686 contracts traded
Normalized net delta
0.290
option-holder convention
Modeled dealer delta
-0.269
opposite-side scenario
Vanna / 100k OI
294
volatility-sensitive delta
Charm / 100k OI
-2,186,407
time-decay-sensitive delta
IV surface range
124.5 pp
aggregate volatility dispersion

Strongest relative signals: smile convexity 13.6 pp · 25Δ risk reversal 12.3 pp

Download the dated aggregate analysis JSON .

TEAM closed 8.5% below its gamma max of 225.55. It is 16.5% above the delta neutral price of 173.58. Total open interest is 141,345, -13.2% versus the previous session. Its options catalyst-intensity score is 37.0 out of 100, led by smile convexity 13.6 pp, 25Δ risk reversal 12.3 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.

TEAM call and put open interest changes
Measure Value
Call OI change, 1 session -12,077 contracts · -13.0%
Put OI change, 1 session -9,431 contracts · -13.5%
Call minus put OI growth, 1 session +0.5 pp
Call OI change, 5 sessions -5,196 contracts · -6.0%
Put OI change, 5 sessions -4,014 contracts · -6.2%
Call minus put OI growth, 5 sessions +0.2 pp
Daily call OI change surprise -1.86σ (252 prior changes)
Daily put OI change surprise -2.33σ (252 prior changes)
Daily call-minus-put growth surprise +0.12σ (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 20 completed Day +10 paths · latest Oct 12, 2026
TEAM 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. -10.0% -5.0% 0% +5.0% +10.0% Cross on Apr 1, 2021 Cross on Apr 14, 2021 Cross on Jun 15, 2021 Cross on Jun 22, 2021 Cross on Sep 17, 2021 Cross on Nov 1, 2021 Cross on Dec 2, 2022 Cross on Apr 14, 2023 Cross on Jun 1, 2023 Cross on Dec 18, 2023 Cross on Jan 11, 2024 Cross on Oct 14, 2024 Cross on Nov 25, 2024 Cross on Feb 3, 2025 Cross on Oct 22, 2025 Cross on Jun 2, 2026 Cross on Aug 21, 2026 Cross on Aug 28, 2026 Cross on Sep 15, 2026 Cross on Sep 22, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
TEAM historical gamma-max cross outcomes after closing below
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 22 +0.2% -0.9% to +1.6% 59% -0.8% to +1.1% 0.0%
Day +2 22 -0.2% -1.9% to +1.9% 50% -1.8% to +1.4% 0.0%
Day +3 22 -0.9% -2.1% to +2.1% 41% -2.1% to +1.2% 0.0%
Day +4 22 -0.5% -2.3% to +2.1% 50% -2.2% to +1.9% 0.0%
Day +5 21 -0.6% -2.6% to +2.8% 43% -2.1% to +2.3% 0.0%
Day +6 21 -0.1% -4.1% to +3.4% 48% -3.1% to +2.8% 0.0%
Day +7 21 +0.9% -3.6% to +5.5% 57% -2.7% to +2.6% 0.0%
Day +8 21 +1.5% -2.0% to +4.9% 57% -1.9% to +4.1% 0.0%
Day +9 20 +0.4% -2.9% to +3.8% 55% -2.7% to +3.7% 0.0%
Day +10 20 +1.3% -3.6% to +2.8% 60% -3.6% to +2.8% 0.0%
Crosses above gamma max 19 completed Day +10 paths · latest Oct 9, 2026
TEAM 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. -12.0% -6.0% 0% +6.0% +12.0% Cross on Apr 13, 2021 Cross on Jun 14, 2021 Cross on Jun 16, 2021 Cross on Jul 30, 2021 Cross on Sep 14, 2021 Cross on Dec 1, 2022 Cross on May 31, 2023 Cross on Dec 13, 2023 Cross on Jan 10, 2024 Cross on Oct 10, 2024 Cross on Nov 22, 2024 Cross on Jan 31, 2025 Cross on Oct 21, 2025 Cross on Apr 16, 2026 Cross on May 28, 2026 Cross on Aug 19, 2026 Cross on Aug 27, 2026 Cross on Sep 14, 2026 Cross on Sep 21, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
TEAM historical gamma-max cross outcomes after closing above
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 21 +0.2% -1.5% to +1.5% 52% -1.4% to +1.3% 0.0%
Day +2 21 +0.6% -1.3% to +4.0% 57% -1.0% to +3.7% 0.0%
Day +3 21 +1.4% -1.5% to +4.6% 62% -1.0% to +3.9% 0.0%
Day +4 21 +2.9% -2.6% to +5.3% 67% -0.4% to +5.2% 0.0%
Day +5 21 +2.0% -2.8% to +4.9% 62% -2.0% to +4.3% 0.0%
Day +6 20 +3.7% -2.0% to +6.0% 65% -1.9% to +5.8% 0.0%
Day +7 20 +2.7% -0.8% to +5.5% 75% +0.6% to +5.2% +0.6%
Day +8 20 +2.6% +0.3% to +6.2% 75% +0.4% to +6.2% +0.4%
Day +9 20 +2.8% -0.8% to +5.8% 70% -0.5% to +5.7% 0.0%
Day +10 19 +0.5% -2.1% to +4.2% 63% -2.0% to +3.9% 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

TEAM trailing historical statistics
Sessions closed above gamma max 6%
Gamma max crosses 22
Delta neutral crosses 29
Prior-year sessions closer to gamma max 35.3% of 252
Prior-year sessions closer to delta neutral 82.9% of 252
Open interest percentile (1y) 44th
Daily open interest change versus prior year -2.11σ (-21,508 contracts; 252 prior changes)
Open interest change, 5 sessions -6.1%
Open interest change, 21 sessions -28.4%
History available Dec 1, 2020 → Oct 16, 2026

Recent crosses

  1. closed below gamma max at 207.75 vs 219.11 (-5.5%)
  2. closed above gamma max at 206.79 vs 204.46 (+1.1%)
  3. closed below gamma max at 193.98 vs 200.65 (-3.4%)
  4. closed above gamma max at 196.65 vs 193.53 (+1.6%)
  5. closed below gamma max at 188.65 vs 194.96 (-3.3%)
  6. closed above gamma max at 195.67 vs 195.26 (+0.2%)
  7. closed below gamma max at 189.81 vs 192.02 (-1.2%)
  8. closed above gamma max at 192.77 vs 191.54 (+0.6%)
  9. closed below gamma max at 190.41 vs 190.64 (-0.1%)
  10. closed above gamma max at 185.62 vs 185.07 (+0.3%)

In today's screens

Neighbours by open interest

Cite or embed this snapshot

Share the dated 1600×840 image or cite this canonical page. The card contains public derived aggregates, not contract-level quotes.

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

Questions people ask about TEAM

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

As of Oct 16, 2026 close, nearest-expiration max pain is 190.00 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 TEAM's gamma exposure and gamma flip show?

Signed net GEX is 2,754,220 as of Oct 16, 2026 close. The confirmed GEX flip is 168.22. 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 TEAM's gamma max today?

As of Oct 16, 2026, the gamma max for TEAM is 225.55, +8.5% from the 207.82 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 TEAM above or below its delta neutral price?

TEAM closed above delta neutral: 207.82 against a delta neutral price of 173.58. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does TEAM have?

141,345 contracts of open interest across 678 listed contracts on Oct 16, 2026, -13.2% 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.