Data through close

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

As of close · rank #994 by open interest · snapshot page

VRTX's nearest-expiration max pain is 500.00 for 2026-10-23, its GEX flip is 480.51, net GEX is 597,315, its put/call open-interest ratio is 0.91. These are whole-chain derived aggregates as of Oct 16, 2026 close.

VRTX 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
500.00
+0.1% from close
Expiry: 2026-10-23
GEX flip
480.51
-3.8% from close
Net GEX
597,315
1,368,608 per 100k OI
Call wall
510.00
+2.1% from close
Put wall
500.00
+0.1% from close
Put/call OI
0.91
20,778 puts / 22,866 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
499.74
prev 508.75
Gamma max
539.58
+8.0% from close
Delta neutral
487.28
-2.5% from close
Gamma neutral
480.51
-3.8% from close
Open interest
43,644
-7.6% vs prev
Contracts listed
687
411 calls · 356 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
97.2
within trailing 52-week range
Front IV premium
0.3 pp
front minus back volatility difference
25Δ risk reversal
107.3 pp
put IV minus call IV
IV butterfly
8.3 pp
front-window smile convexity
Volume / open interest
0.03
1,705 contracts traded
Normalized net delta
0.057
option-holder convention
Modeled dealer delta
-0.056
opposite-side scenario
Vanna / 100k OI
2,655
volatility-sensitive delta
Charm / 100k OI
-144,243
time-decay-sensitive delta
IV surface range
110.1 pp
aggregate volatility dispersion

Download the dated aggregate analysis JSON .

VRTX closed 8.0% below its gamma max of 539.58. It is 2.5% above the delta neutral price of 487.28. Total open interest is 43,644, -7.6% 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 VRTX

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

As of Oct 16, 2026 close, nearest-expiration max pain is 500.00 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 VRTX's gamma exposure and gamma flip show?

Signed net GEX is 597,315 as of Oct 16, 2026 close. The confirmed GEX flip is 480.51. 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 VRTX's gamma max today?

As of Oct 16, 2026, the gamma max for VRTX is 539.58, +8.0% from the 499.74 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 VRTX above or below its delta neutral price?

VRTX closed above delta neutral: 499.74 against a delta neutral price of 487.28. The delta neutral price is where the summed delta of the whole chain is zero; the definition.

How much open interest does VRTX have?

43,644 contracts of open interest across 687 listed contracts on Oct 16, 2026, -7.6% 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.