Data through close

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

As of close · rank #201 by open interest · 1,404 sessions of history since Dec 1, 2020

UUUU's nearest-expiration max pain is 10.00 for 2026-10-23, its GEX flip is 1.15, net GEX is 4,435,676, its put/call open-interest ratio is 0.35. These are whole-chain derived aggregates as of Oct 16, 2026 close.

UUUU 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
10.00
+18.1% from close
Expiry: 2026-10-23
GEX flip
1.15
-86.4% from close
Net GEX
4,435,676
893,322 per 100k OI
Call wall
10.00
+18.1% from close
Put wall
10.00
+18.1% from close
Put/call OI
0.35
127,705 puts / 368,832 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
8.47
prev 8.57
Gamma max
12.75
+50.5% from close
Delta neutral
8.61
+1.6% from close
Gamma neutral
1.15
-86.4% from close
Open interest
496,537
-8.9% vs prev
Contracts listed
362
238 calls · 171 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
36.1
cross-sectional score / 100
Directional score
15.5
relatively bullish positioning
IV rank
50.8
within trailing 52-week range
Front IV premium
3.0 pp
front minus back volatility difference
25Δ risk reversal
2.4 pp
put IV minus call IV
IV butterfly
-4.1 pp
front-window smile convexity
Volume / open interest
0.02
13,154 contracts traded
Normalized net delta
0.019
option-holder convention
Modeled dealer delta
-0.019
opposite-side scenario
Vanna / 100k OI
3,928
volatility-sensitive delta
Charm / 100k OI
-161,608
time-decay-sensitive delta
IV surface range
67.2 pp
aggregate volatility dispersion

Download the dated aggregate analysis JSON .

UUUU closed 50.5% below its gamma max of 12.75. It is 1.6% below the delta neutral price of 8.61. Total open interest is 496,537, -8.9% versus the previous session. Its options catalyst-intensity score is 36.1 out of 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.

UUUU call and put open interest changes
Measure Value
Call OI change, 1 session -38,299 contracts · -9.4%
Put OI change, 1 session -10,272 contracts · -7.4%
Call minus put OI growth, 1 session -2.0 pp
Call OI change, 5 sessions -4,053 contracts · -1.1%
Put OI change, 5 sessions -14,509 contracts · -10.2%
Call minus put OI growth, 5 sessions +9.1 pp
Daily call OI change surprise -1.51σ (252 prior changes)
Daily put OI change surprise -0.85σ (252 prior changes)
Daily call-minus-put growth surprise -0.79σ (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 58 completed Day +10 paths · latest Apr 23, 2026
UUUU 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. -26.0% -13.0% 0% +13.0% +26.0% Cross on Dec 4, 2020 Cross on Dec 9, 2020 Cross on Dec 17, 2020 Cross on Dec 21, 2020 Cross on Dec 29, 2020 Cross on Feb 2, 2021 Cross on Feb 26, 2021 Cross on Mar 4, 2021 Cross on Mar 17, 2021 Cross on May 25, 2021 Cross on May 28, 2021 Cross on Jun 3, 2021 Cross on Jun 8, 2021 Cross on Sep 21, 2021 Cross on Oct 19, 2021 Cross on Oct 21, 2021 Cross on Nov 16, 2021 Cross on Nov 19, 2021 Cross on Mar 14, 2022 Cross on Mar 21, 2022 Cross on Mar 24, 2022 Cross on Mar 28, 2022 Cross on Apr 18, 2022 Cross on Jul 21, 2022 Cross on Aug 1, 2022 Cross on Aug 9, 2022 Cross on Aug 26, 2022 Cross on Sep 1, 2022 Cross on Dec 14, 2022 Cross on Jan 24, 2023 Cross on Jan 31, 2023 Cross on Feb 17, 2023 Cross on May 11, 2023 Cross on May 16, 2023 Cross on May 19, 2023 Cross on Aug 8, 2023 Cross on Aug 14, 2023 Cross on Aug 18, 2023 Cross on Aug 31, 2023 Cross on Sep 7, 2023 Cross on Sep 13, 2023 Cross on Sep 15, 2023 Cross on Mar 13, 2024 Cross on Oct 21, 2024 Cross on Nov 19, 2024 Cross on Apr 21, 2025 Cross on Jun 6, 2025 Cross on Jul 22, 2025 Cross on Jul 28, 2025 Cross on Aug 7, 2025 Cross on Aug 25, 2025 Cross on Aug 27, 2025 Cross on Sep 10, 2025 Cross on Sep 25, 2025 Cross on Jan 21, 2026 Cross on Jan 23, 2026 Cross on Jan 29, 2026 Cross on Apr 23, 2026 Day 0 +1 +2 +3 +4 +5 +6 +7 +8 +9 +10
prior crosses middle 50% of outcomes nominal ≥90% median interval median
UUUU historical gamma-max cross outcomes after closing below
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 58 +0.5% -3.1% to +3.3% 53% -0.5% to +1.9% 0.0%
Day +2 58 +1.0% -2.4% to +4.2% 55% -0.7% to +2.5% 0.0%
Day +3 58 +1.3% -3.5% to +6.2% 60% 0.0% to +2.8% 0.0%
Day +4 58 +0.8% -3.6% to +6.0% 53% -1.3% to +3.5% 0.0%
Day +5 58 +2.0% -2.4% to +6.6% 59% -0.7% to +3.8% 0.0%
Day +6 58 +1.1% -4.5% to +6.5% 53% -1.7% to +4.3% 0.0%
Day +7 58 +0.8% -3.0% to +6.8% 57% -1.3% to +4.4% 0.0%
Day +8 58 +1.7% -5.2% to +9.7% 59% -0.4% to +5.5% 0.0%
Day +9 58 +4.0% -5.3% to +10.2% 62% +0.7% to +7.3% +0.7%
Day +10 58 +3.2% -5.0% to +10.3% 60% 0.0% to +6.6% 0.0%
Crosses above gamma max 55 completed Day +10 paths · latest Apr 22, 2026
UUUU 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. -28.0% -14.0% 0% +14.0% +28.0% Cross on Dec 2, 2020 Cross on Dec 7, 2020 Cross on Dec 10, 2020 Cross on Dec 18, 2020 Cross on Dec 28, 2020 Cross on Jan 14, 2021 Cross on Feb 1, 2021 Cross on Mar 2, 2021 Cross on Mar 15, 2021 Cross on May 21, 2021 Cross on May 27, 2021 Cross on Jun 1, 2021 Cross on Jun 7, 2021 Cross on Sep 1, 2021 Cross on Oct 18, 2021 Cross on Oct 20, 2021 Cross on Nov 3, 2021 Cross on Nov 18, 2021 Cross on Feb 28, 2022 Cross on Mar 18, 2022 Cross on Mar 23, 2022 Cross on Mar 25, 2022 Cross on Apr 14, 2022 Cross on Jul 29, 2022 Cross on Aug 5, 2022 Cross on Aug 24, 2022 Cross on Aug 29, 2022 Cross on Dec 12, 2022 Cross on Jan 20, 2023 Cross on Jan 25, 2023 Cross on Feb 16, 2023 Cross on May 9, 2023 Cross on May 15, 2023 Cross on May 18, 2023 Cross on Aug 7, 2023 Cross on Aug 9, 2023 Cross on Aug 15, 2023 Cross on Aug 30, 2023 Cross on Sep 1, 2023 Cross on Sep 12, 2023 Cross on Sep 14, 2023 Cross on Oct 18, 2024 Cross on Nov 18, 2024 Cross on Jun 4, 2025 Cross on Jul 24, 2025 Cross on Aug 4, 2025 Cross on Aug 22, 2025 Cross on Aug 26, 2025 Cross on Sep 9, 2025 Cross on Sep 15, 2025 Cross on Oct 9, 2025 Cross on Jan 20, 2026 Cross on Jan 22, 2026 Cross on Jan 28, 2026 Cross on Apr 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
UUUU historical gamma-max cross outcomes after closing above
Horizon n Median Middle 50% Above zero Nominal ≥90% median interval Confidence floor
Day +1 55 -0.8% -3.1% to +1.9% 36% -2.1% to 0.0% 0.0%
Day +2 55 -0.3% -4.4% to +4.0% 44% -2.7% to +1.9% 0.0%
Day +3 55 +0.1% -5.9% to +4.8% 51% -2.1% to +2.9% 0.0%
Day +4 55 +0.3% -6.4% to +7.4% 51% -2.9% to +2.7% 0.0%
Day +5 55 -0.6% -7.1% to +6.9% 47% -3.6% to +2.8% 0.0%
Day +6 55 -1.3% -6.4% to +7.6% 47% -5.1% to +4.2% 0.0%
Day +7 55 -0.7% -5.9% to +8.4% 49% -2.9% to +2.2% 0.0%
Day +8 55 -0.7% -4.6% to +8.4% 45% -2.6% to +3.6% 0.0%
Day +9 55 +0.8% -7.1% to +11.7% 55% -2.6% to +5.5% 0.0%
Day +10 55 +3.7% -7.3% to +12.6% 64% +0.8% to +6.2% +0.8%

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

UUUU trailing historical statistics
Sessions closed above gamma max 2%
Gamma max crosses 11
Delta neutral crosses 1
Prior-year sessions closer to gamma max 98.8% of 252
Prior-year sessions closer to delta neutral 0.8% of 252
Open interest percentile (1y) 34th
Daily open interest change versus prior year -1.32σ (-48,571 contracts; 252 prior changes)
Open interest change, 5 sessions -3.6%
Open interest change, 21 sessions +1.8%
History available Dec 1, 2020 → Oct 16, 2026

Recent crosses

  1. closed below delta neutral at 9.96 vs 10.06 (-1.0%)
  2. closed below gamma max at 21.91 vs 22.59 (-3.1%)
  3. closed above gamma max at 22.63 vs 22.60 (+0.1%)
  4. closed below gamma max at 24.89 vs 26.66 (-7.1%)
  5. closed above gamma max at 27.70 vs 27.25 (+1.6%)
  6. closed below gamma max at 25.46 vs 25.64 (-0.7%)
  7. closed above gamma max at 24.41 vs 24.29 (+0.5%)
  8. closed below gamma max at 22.54 vs 23.93 (-6.2%)
  9. closed above gamma max at 23.50 vs 22.47 (+4.4%)
  10. closed below gamma max at 14.07 vs 16.69 (-18.6%)

In today's screens

Neighbours by open interest

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

Questions people ask about UUUU

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

As of Oct 16, 2026 close, nearest-expiration max pain is 10.00 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 UUUU's gamma exposure and gamma flip show?

Signed net GEX is 4,435,676 as of Oct 16, 2026 close. The confirmed GEX flip is 1.15. 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 UUUU's gamma max today?

As of Oct 16, 2026, the gamma max for UUUU is 12.75, +50.5% from the 8.47 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 UUUU above or below its delta neutral price?

UUUU closed below delta neutral: 8.47 against a delta neutral price of 8.61. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does UUUU have?

496,537 contracts of open interest across 362 listed contracts on Oct 16, 2026, -8.9% 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.