Simplify Analytics
MSFT

MSFT

$493.78 unadjusted close, 2026-09-18
as of 2026-09-18
AAPLAMDAMZNAVGOCATCRSRCRWDDEDELLDIAGOOGINTCIWMLMTMETAMRVLMSFTMUNVDAORCLPANWPLTRQQQSMHSNDKSOXXSPCXSPYSTXWDCXLEXLFXLIXLKXLPXLUXLVXLYXOM

Implied volatility · 30-day constant maturity

level
24.0%
IV percentile
16.8%
own all (<3y) · n=241
IV rank
20.2%
own all (<1y) · n=241
range
18.3% – 46.5%
own all (<1y) · n=241
low 18.3%241 sessions, all (<1y) · today 24.0%high 46.5%

Term structure · constant maturity

35 consecutive sessions in contango (the normal upward slope).

25 calendar days out: every tenor of 5d or longer spans it Wed 09-23 09:45 ET · US Flash Manufacturing PMI (September) Wed 09-23 09:45 ET · US Flash Services PMI (September)46 calendar days out: every tenor of 6d or longer spans it Thu 09-24 08:00 ET · Economic Club of Washington, DC event with Federal Reserve Bank of Richmond President Thomas Barkin Thu 09-24 08:30 ET · Weekly Jobless Claims (September) Thu 09-24 10:00 ET · New Home Sales (August) Thu 09-24 11:00 ET · Kansas City Fed Survey (September)27 calendar days out: every tenor of 7d or longer spans it Fri 09-25 08:30 ET · Durable Goods (August) Fri 09-25 10:00 ET · U. Michigan Final Consumer Survey (September)E 11-04 time?Earnings 2026-11-04, time unknown - date stated by the vendor's estimate First session it can move: 2026-11-04, 47 calendar days from the 2026-09-18 curve - every tenor of 47d or longer spans it No expected move served for this date1d5d7d14d30d60d90d180d365d31.9%16.8%
2026-09-182026-08-19 (21 sessions earlier)◆ scheduled release, at the first tenor spanning it■ earnings, at the first session it can move (□ no expected move served)tenors in calendar days, log scale
Scheduled after the 2026-09-18 close, from the 2026-09-18 calendar snapshot (forecasts as they stood then). Each is marked with the shortest tenor, in calendar days, that spans it:
  • Wed 09-23 09:45 · 5d US Flash Manufacturing PMI (September) · prev 53.2
  • Wed 09-23 09:45 · 5d US Flash Services PMI (September) · prev 56.8
  • Thu 09-24 08:00 · 6d Economic Club of Washington, DC event with Federal Reserve Bank of Richmond President Thomas Barkin
  • Thu 09-24 08:30 · 6d Weekly Jobless Claims (September)
  • Thu 09-24 10:00 · 6d New Home Sales (August) · prev 607000
  • Thu 09-24 11:00 · 6d Kansas City Fed Survey (September) · prev 17
  • Fri 09-25 08:30 · 7d Durable Goods (August) · prev 1.1%
  • Fri 09-25 10:00 · 7d U. Michigan Final Consumer Survey (September) · prev 51.7

Earnings: 2026-11-04 time unknown, stated by the vendor's estimate, first moves the 2026-11-04 session (47d on the tenor axis), no expected move served. As the vendor's calendar stood on 2026-09-20, not on the page's date.

90-day IV
28.9%
own all (<3y) 37.3% · n=241
slope, 30d − 90d
-4.9 pts
own all (<3y) 15.1% · n=241
variance risk premium, 30d
+4.7 pts
own all (<3y) 65.0% · n=236

Skew · risk reversal

25-delta
+0.2 pts
own all (<3y) 55.7% · n=35
10-delta
+1.5 pts
own all (<3y) 27.1% · n=35

Skew has been collected since 2026-07-30 only: the vendor serves no earlier history, so each percentile here is taken over all of it - the few weeks of readings there are, which the n beside it counts.

Smile by expiry: the 8 expiries within 120 DTE carrying the most open interest · book as of 2026-09-17

1d2026-09-18 · short
2026-09-18: 5 put and 4 call strikes within ±2.3%, IV 27% to 30%36%22%2.3%book spot+2.3%
8d2026-09-25
2026-09-25: 13 put and 12 call strikes within ±6.5%, IV 23% to 27%36%22%6.5%book spot+6.5%
15d2026-10-02
2026-10-02: 15 put and 13 call strikes within ±8.8%, IV 23% to 28%36%22%8.8%book spot+8.8%
22d2026-10-09
2026-10-09: 11 put and 11 call strikes within ±11%, IV 23% to 29%36%22%11%book spot+11%
29d2026-10-16
2026-10-16: 12 put and 12 call strikes within ±12%, IV 23% to 29%36%22%12%book spot+12%
64d2026-11-20
2026-11-20: 18 put and 18 call strikes within ±18%, IV 29% to 35%36%22%18%book spot+18%
92d2026-12-18
2026-12-18: 22 put and 22 call strikes within ±22%, IV 28% to 35%36%22%22%book spot+22%
120d2027-01-15
2027-01-15: 24 put and 24 call strikes within ±25%, IV 27% to 35%36%22%25%book spot+25%
IV against strike, out-of-the-money side. Each window widens with √DTE, to ±25% at the longest expiry, so every panel shows a comparable slice of its smile; all share one IV scale (22%36%), set by the expiries past 7 DTE.

Expiry window · 3565 DTE

Next earnings: 2026-11-04 time unknown, stated by the vendor's estimate, first moves the 2026-11-04 session, no expected move served. As the vendor's calendar stood on 2026-09-20, not on the page's date.

expiryDTE28-DTE exitthesisearnings 11-04 time?
the vendor's estimate
ATM IV · 09-17expected move
2026-10-23 Friweekly352026-09-257dclear · 12d24.8% c 500
2026-10-30 Friweekly422026-10-0214dclear · 5d30.6% c 500
2026-11-20 Fri632026-10-2335dspans · +16d
exit 12d before
29.8% c 500none served

DTE counts calendar days from 2026-09-18, the page's date and the earliest an entry could be made - not from the 2026-09-17 book the expiries and IVs come from, which would overstate it by 1 day; an expiry first listed after 2026-09-17 is not in the book and not here. A premarket report moves its own session and a postmarket one the next; one with no stated time is placed at the earlier of the two - or at the later, once the earlier is already in the 2026-09-18 close - so an expiry can be called spanning when it might not be, never the reverse. "spans +N": the expiry settles N calendar days after that session, and the line under it says whether the 28-DTE exit comes before it ("inside the exit": that date is already behind 2026-09-18, so it protects nothing); "clear N": it settles N days before it. Thesis = DTE − 28 (the hard exit is 21), cut to the last session before a report that comes first. Every expiry in the band is listed, and one that is not a third Friday is marked weekly — §1 of the trading rules admits no weeklies and no 0DTE, so those rows are context, not candidates; the mark is the calendar test on the date alone, and a monthly pulled back to a Thursday by a holiday carries it too. ATM IV is the vendor's at the 2026-09-17 close, on the out-of-the-money side of the listed strike nearest book spot: a display selection, not a statistic, read at that one strike, so "no IV at X" is about X and not about its neighbours. The expected move is the vendor's, for the report the expiry spans. Every row links to that expiry on the strike axis below.

Chain · one strike axis

Book as of 2026-09-17: 1 session behind 2026-09-18: no MSFT chain statistics (net_gex) dated after 2026-09-17 are knowable as of 2026-09-18, and no ticker has newer ones. The strikes drawn below are 2026-09-17's rows as stored now; the levels and statistics are the readings dated 2026-09-17, computed from those rows when the readings were derived, and a fetch of 2026-09-17 after that can revise rows. Open interest is what entered 2026-09-17 (OCC's settlement of 2026-09-16), valued at the 2026-09-17 close.

net GEX · carried book
+$1.52bn per 1%
own all (<3y) 93.0% · n=64
gamma flip
$436.72
flip within ±25% of book spot
flip distance
-5.96 ATR
own all (<3y) 35.2% · n=64
0DTE share of volume
not listed daily

book spot $497.75 (unadjusted close, 2026-09-17) · call wall $500.00 (+0.45% from book spot) · put wall $500.00 (+0.45% from book spot) · max pain $460.00 (-7.58% from book spot, 2026-10-16 monthly)

Each level is stored as a distance from the book's own spot, so each is drawn at $497.75 × (1 + that distance) - the 2026-09-17 unadjusted close, the price the chain was taken at. That is why two prices appear on this page. MSFT headlines $493.78, its newest unadjusted close, on 2026-09-18; the book was taken at $497.75 on 2026-09-17, because the book trails the page by the one session counted above. Both are closes, both are dated, and neither is adjusted. Recomputing a wall on the newer close would put it at a level this book never had, so none of these is: they are the 2026-09-17 book's levels, on the 2026-09-17 close.

Dashed: 7 DTE or less, where the vendor's gamma is noisy. "mp": the monthly max pain describes.

Tradability of the 2026-10-02 expiry: 14 calendar days from 2026-09-18 (15 from the book date), outside the owner's 35–65 DTE entry window. Spreads are the NBBO stored with the 2026-09-17 chain snapshot - not a live quote, and not DESIGN J's quote at a trade (per-trade quotes are not collected) - as a percent of mid; a zero or missing bid, or a crossed quote, is drawn as × for no two-sided quote. The owner's floors are marked and filter nothing: spread 10% of mid, OI 500, and the strike nearest 0.20 delta on each side - call 520 (Δ 0.19), put 477.5 (Δ -0.19).

call put OI carried through 2026-09-16 · opened by 2026-09-16's trading · closed by it / net GEX long / short gamma book spot call wall put wall max pain gamma flipfloors, marked not filtered: spread 10% of mid · OI 500 · strike nearest 0.20 delta, beside the spread panel · no two-sided quote · spread past 25%
OI changes are 2026-09-16's trading; volume is 2026-09-17's.◀ put OIcall OI ▶entering 2026-09-17◀ put volcall vol ▶traded 2026-09-17◀ putcall ▶spread, % of mid− net GEX+$ per 1% move620610600590580570565560555550545540535530525520517.5515512.5510507.5505502.5500497.5495492.5490487.5485482.5480477.5475472.5470465460455450445440435430425420415410405400395390385380375put strike nearest 0.20 delta: 477.5call strike nearest 0.20 delta: 52020k020k73573525%10%10%25%-$57.4m+$57.4mcall wall 500put wall 500book spot 497.75γ flip 436.72strike 620 calls: OI 44 (+10) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 0.22, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 120.30 × 123.85, spread 2.9% of mid · Δ -1.00 net GEX +$2k per 1% (calls +$2k, puts +$0)strike 610 calls: OI 331 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 0.08, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 110.30 × 113.80, spread 3.1% of mid · Δ -1.00 net GEX +$21k per 1% (calls +$21k, puts +$0)strike 600 calls: OI 435 (+1) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 0.10, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 100.30 × 103.85, spread 3.5% of mid · Δ -1.00 net GEX +$35k per 1% (calls +$35k, puts +$0)strike 590 calls: OI 264 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.01 × 0.06, spread 142.9% of mid · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 90.30 × 93.85, spread 3.9% of mid · Δ -1.00 net GEX +$28k per 1% (calls +$28k, puts +$0)strike 580 calls: OI 5,078 (+0) · vol 19 (at ask 1, at bid 18) · NBBO 0.02 × 0.07, spread 111.1% of mid · Δ 0.01 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 80.30 × 83.85, spread 4.3% of mid · Δ -1.00 net GEX +$788k per 1% (calls +$788k, puts +$0)strike 570 calls: OI 164 (-4) · vol 0 (at ask 0, at bid 0) · NBBO 0.02 × 0.17, spread 157.9% of mid · Δ 0.01 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 70.30 × 73.50, spread 4.5% of mid · Δ -1.00 net GEX +$38k per 1% (calls +$38k, puts +$0)strike 565 calls: OI 5,142 (-12) · vol 10 (at ask 0, at bid 10, multi-leg 4) · NBBO 0.08 × 0.13, spread 47.6% of mid · Δ 0.01 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 65.30 × 68.85, spread 5.3% of mid · Δ -1.00 net GEX +$1.5m per 1% (calls +$1.5m, puts +$0)strike 560 calls: OI 607 (-16) · vol 8 (at ask 4, at bid 3, multi-leg 1) · NBBO 0.10 × 0.22, spread 75.0% of mid · Δ 0.02 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 60.30 × 63.85, spread 5.7% of mid · Δ -1.00 net GEX +$219k per 1% (calls +$219k, puts +$0)strike 555 calls: OI 369 (-1) · vol 46 (at ask 22, at bid 23, multi-leg 7) · NBBO 0.17 × 0.25, spread 38.1% of mid · Δ 0.02 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 55.30 × 58.85, spread 6.2% of mid · Δ -1.00 net GEX +$171k per 1% (calls +$171k, puts +$0)strike 550 calls: OI 20,357 (-9) · vol 651 (at ask 75, at bid 357, multi-leg 10) · NBBO 0.23 × 0.31, spread 29.6% of mid · Δ 0.03 puts: OI 2 (-3) · vol 0 (at ask 0, at bid 0) · NBBO 50.30 × 53.80, spread 6.7% of mid · Δ -1.00 net GEX +$12.7m per 1% (calls +$12.7m, puts -$24)strike 545 calls: OI 673 (+0) · vol 98 (at ask 10, at bid 83, multi-leg 3) · NBBO 0.27 × 0.58, spread 72.9% of mid · Δ 0.04 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 45.30 × 48.85, spread 7.5% of mid · Δ -1.00 net GEX +$557k per 1% (calls +$557k, puts +$0)strike 540 calls: OI 1,483 (+6) · vol 62 (at ask 40, at bid 20, multi-leg 10) · NBBO 0.49 × 0.68, spread 32.5% of mid · Δ 0.06 puts: OI 29 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 40.55 × 43.35, spread 6.7% of mid · Δ -1.00 net GEX +$1.7m per 1% (calls +$1.7m, puts -$571)strike 535 calls: OI 2,278 (-3) · vol 64 (at ask 53, at bid 5, sweep 1, multi-leg 11) · NBBO 0.73 × 1.01, spread 32.2% of mid · Δ 0.08 puts: OI 24 (-1) · vol 30 (at ask 19, at bid 11) · NBBO 35.70 × 38.50, spread 7.5% of mid · Δ -0.98 net GEX +$3.3m per 1% (calls +$3.3m, puts -$15k)strike 530 calls: OI 2,322 (+33) · vol 339 (at ask 149, at bid 179, sweep 23, multi-leg 36) · NBBO 1.05 × 1.37, spread 26.4% of mid · Δ 0.11 puts: OI 75 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 31.35 × 34.20, spread 8.7% of mid · Δ -0.93 net GEX +$4.2m per 1% (calls +$4.4m, puts -$120k)strike 525 calls: OI 615 (+91) · vol 228 (at ask 152, at bid 59, multi-leg 29) · NBBO 1.71 × 2.00, spread 15.6% of mid · Δ 0.15 puts: OI 36 (+0) · vol 2 (at ask 0, at bid 1, multi-leg 1) · NBBO 26.65 × 29.70, spread 10.8% of mid · Δ -0.88 net GEX +$1.4m per 1% (calls +$1.4m, puts -$81k)strike 520 calls: OI 1,154 (-17) · vol 735 (at ask 212, at bid 506, sweep 23, multi-leg 52) · NBBO 2.30 × 2.70, spread 16.0% of mid · Δ 0.19 puts: OI 73 (-5) · vol 3 (at ask 2, at bid 1, multi-leg 1) · NBBO 22.55 × 25.20, spread 11.1% of mid · Δ -0.84 net GEX +$3.0m per 1% (calls +$3.2m, puts -$208k)strike 517.5 calls: OI 10 (+5) · vol 32 (at ask 27, at bid 5) · NBBO 2.87 × 3.35, spread 15.4% of mid · Δ 0.22 puts: OI 2 (+0) · vol 1 (at ask 0, at bid 1, multi-leg 1) · NBBO 20.60 × 22.70, spread 9.7% of mid · Δ -0.81 net GEX +$24k per 1% (calls +$30k, puts -$6k)strike 515 calls: OI 336 (+19) · vol 265 (at ask 100, at bid 151, sweep 5, multi-leg 146) · NBBO 3.30 × 3.80, spread 14.1% of mid · Δ 0.26 puts: OI 78 (-15) · vol 3 (at ask 2, at bid 1, multi-leg 3) · NBBO 18.55 × 21.10, spread 12.9% of mid · Δ -0.77 net GEX +$820k per 1% (calls +$1.1m, puts -$269k)strike 512.5 calls: OI 45 (+35) · vol 54 (at ask 33, at bid 17, multi-leg 39) · NBBO 3.85 × 4.75, spread 20.9% of mid · Δ 0.29 puts: OI 6 (+0) · vol 8 (at ask 3, at bid 4, multi-leg 7) · NBBO 16.70 × 19.00, spread 12.9% of mid · Δ -0.74 net GEX +$132k per 1% (calls +$154k, puts -$22k)strike 510 calls: OI 1,513 (+7) · vol 154 (at ask 40, at bid 72, sweep 3, multi-leg 28) · NBBO 4.55 × 5.40, spread 17.1% of mid · Δ 0.33 puts: OI 345 (+0) · vol 6 (at ask 5, at bid 1, multi-leg 6) · NBBO 15.65 × 16.75, spread 6.8% of mid · Δ -0.70 net GEX +$4.1m per 1% (calls +$5.4m, puts -$1.4m)strike 507.5 calls: OI 87 (+1) · vol 44 (at ask 34, at bid 7, multi-leg 27) · NBBO 5.70 × 6.15, spread 7.6% of mid · Δ 0.36 puts: OI 2 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 13.80 × 15.15, spread 9.3% of mid · Δ -0.66 net GEX +$316k per 1% (calls +$324k, puts -$8k)strike 505 calls: OI 15,241 (+17) · vol 169 (at ask 104, at bid 58, sweep 11, multi-leg 87) · NBBO 6.55 × 7.05, spread 7.4% of mid · Δ 0.40 puts: OI 245 (-18) · vol 11 (at ask 7, at bid 2, multi-leg 9) · NBBO 12.30 × 13.65, spread 10.4% of mid · Δ -0.61 net GEX +$57.4m per 1% (calls +$58.5m, puts -$1.0m)strike 502.5 calls: OI 48 (+12) · vol 6 (at ask 4, at bid 0, sweep 1, multi-leg 3) · NBBO 7.40 × 8.50, spread 13.8% of mid · Δ 0.44 puts: OI 22 (+20) · vol 0 (at ask 0, at bid 0) · NBBO 10.85 × 12.10, spread 10.9% of mid · Δ -0.57 net GEX +$95k per 1% (calls +$189k, puts -$94k)strike 500 calls: OI 855 (+170) · vol 477 (at ask 330, at bid 146, sweep 17, multi-leg 46) · NBBO 8.75 × 9.25, spread 5.6% of mid · Δ 0.48 puts: OI 642 (+17) · vol 215 (at ask 107, at bid 106, sweep 1, multi-leg 203) · NBBO 9.45 × 10.75, spread 12.9% of mid · Δ -0.53 net GEX +$626k per 1% (calls +$3.4m, puts -$2.8m)strike 497.5 calls: OI 48 (+33) · vol 42 (at ask 23, at bid 19, sweep 2, multi-leg 1) · NBBO 9.80 × 10.90, spread 10.6% of mid · Δ 0.52 puts: OI 26 (+14) · vol 10 (at ask 0, at bid 0, multi-leg 10) · NBBO 8.40 × 9.20, spread 9.1% of mid · Δ -0.48 net GEX +$75k per 1% (calls +$188k, puts -$113k)strike 495 calls: OI 1,301 (+22) · vol 182 (at ask 82, at bid 84, sweep 16, multi-leg 19) · NBBO 11.25 × 12.05, spread 6.9% of mid · Δ 0.56 puts: OI 301 (+55) · vol 138 (at ask 46, at bid 90, sweep 3, multi-leg 77) · NBBO 6.70 × 8.05, spread 18.3% of mid · Δ -0.44 net GEX +$3.7m per 1% (calls +$5.0m, puts -$1.3m)strike 492.5 calls: OI 24 (+23) · vol 14 (at ask 5, at bid 8, sweep 1) · NBBO 12.65 × 13.85, spread 9.1% of mid · Δ 0.60 puts: OI 41 (+34) · vol 59 (at ask 5, at bid 53, sweep 1, multi-leg 45) · NBBO 6.60 × 7.05, spread 6.6% of mid · Δ -0.40 net GEX -$78k per 1% (calls +$89k, puts -$167k)strike 490 calls: OI 221 (+27) · vol 38 (at ask 22, at bid 15, sweep 1, multi-leg 5) · NBBO 14.10 × 15.30, spread 8.2% of mid · Δ 0.63 puts: OI 733 (+8) · vol 80 (at ask 32, at bid 48, sweep 2, multi-leg 10) · NBBO 5.75 × 6.15, spread 6.7% of mid · Δ -0.36 net GEX -$2.1m per 1% (calls +$787k, puts -$2.9m)strike 487.5 calls: OI 21 (+9) · vol 61 (at ask 31, at bid 30, multi-leg 1) · NBBO 15.95 × 17.05, spread 6.7% of mid · Δ 0.67 puts: OI 16 (+9) · vol 7 (at ask 2, at bid 4, multi-leg 4) · NBBO 4.65 × 5.60, spread 18.5% of mid · Δ -0.32 net GEX +$13k per 1% (calls +$72k, puts -$59k)strike 485 calls: OI 1,074 (+386) · vol 429 (at ask 414, at bid 14, sweep 138, multi-leg 4) · NBBO 17.35 × 19.25, spread 10.4% of mid · Δ 0.70 puts: OI 489 (+27) · vol 30 (at ask 14, at bid 15, sweep 3, multi-leg 21) · NBBO 4.15 × 4.80, spread 14.5% of mid · Δ -0.28 net GEX +$1.8m per 1% (calls +$3.5m, puts -$1.7m)strike 482.5 calls: OI 8 (+7) · vol 0 (at ask 0, at bid 0) · NBBO 19.20 × 21.15, spread 9.7% of mid · Δ 0.73 puts: OI 32 (+11) · vol 9 (at ask 6, at bid 3, multi-leg 7) · NBBO 3.25 × 4.00, spread 20.7% of mid · Δ -0.25 net GEX -$80k per 1% (calls +$24k, puts -$104k)strike 480 calls: OI 305 (+41) · vol 11 (at ask 10, at bid 1) · NBBO 21.10 × 23.15, spread 9.3% of mid · Δ 0.75 puts: OI 464 (+13) · vol 140 (at ask 25, at bid 73, sweep 6, multi-leg 36) · NBBO 2.99 × 3.35, spread 11.4% of mid · Δ -0.22 net GEX -$534k per 1% (calls +$854k, puts -$1.4m)strike 477.5 calls: OI 5 (+0) · vol 2 (at ask 0, at bid 1, multi-leg 2) · NBBO 23.20 × 25.25, spread 8.5% of mid · Δ 0.78 puts: OI 259 (+8) · vol 44 (at ask 3, at bid 41, sweep 33, multi-leg 5) · NBBO 2.45 × 3.05, spread 21.8% of mid · Δ -0.19 net GEX -$693k per 1% (calls +$13k, puts -$706k)strike 475 calls: OI 100 (+4) · vol 2 (at ask 1, at bid 1, multi-leg 1) · NBBO 25.30 × 27.40, spread 8.0% of mid · Δ 0.80 puts: OI 516 (+40) · vol 97 (at ask 66, at bid 24, multi-leg 88) · NBBO 2.10 × 2.55, spread 19.4% of mid · Δ -0.17 net GEX -$1.0m per 1% (calls +$238k, puts -$1.3m)strike 472.5 calls: OI 5 (+2) · vol 1 (at ask 0, at bid 1, multi-leg 1) · NBBO 27.50 × 29.60, spread 7.4% of mid · Δ 0.82 puts: OI 36 (+18) · vol 22 (at ask 21, at bid 1, sweep 1, multi-leg 3) · NBBO 1.75 × 2.20, spread 22.8% of mid · Δ -0.15 net GEX -$69k per 1% (calls +$11k, puts -$80k)strike 470 calls: OI 154 (+3) · vol 25 (at ask 2, at bid 23, multi-leg 9) · NBBO 29.50 × 31.80, spread 7.5% of mid · Δ 0.83 puts: OI 1,772 (+1,007) · vol 136 (at ask 76, at bid 54, multi-leg 10) · NBBO 1.50 × 1.85, spread 20.9% of mid · Δ -0.13 net GEX -$3.2m per 1% (calls +$310k, puts -$3.5m)strike 465 calls: OI 61 (+4) · vol 2 (at ask 0, at bid 2, multi-leg 2) · NBBO 33.95 × 36.40, spread 7.0% of mid · Δ 0.86 puts: OI 818 (+13) · vol 275 (at ask 117, at bid 128, multi-leg 263) · NBBO 1.13 × 1.36, spread 18.5% of mid · Δ -0.10 net GEX -$1.2m per 1% (calls +$103k, puts -$1.3m)strike 460 calls: OI 200 (-3) · vol 0 (at ask 0, at bid 0) · NBBO 38.60 × 41.10, spread 6.3% of mid · Δ 0.88 puts: OI 432 (+80) · vol 220 (at ask 103, at bid 103, multi-leg 189) · NBBO 0.77 × 1.04, spread 29.8% of mid · Δ -0.07 net GEX -$251k per 1% (calls +$286k, puts -$537k)strike 455 calls: OI 44 (+1) · vol 0 (at ask 0, at bid 0) · NBBO 43.55 × 45.90, spread 5.3% of mid · Δ 0.90 puts: OI 379 (-3) · vol 30 (at ask 12, at bid 13, multi-leg 6) · NBBO 0.60 × 0.98, spread 48.1% of mid · Δ -0.06 net GEX -$312k per 1% (calls +$53k, puts -$365k)strike 450 calls: OI 204 (+20) · vol 7 (at ask 3, at bid 2, multi-leg 7) · NBBO 48.20 × 51.10, spread 5.8% of mid · Δ 0.91 puts: OI 925 (+29) · vol 229 (at ask 88, at bid 134, multi-leg 7) · NBBO 0.47 × 0.68, spread 36.5% of mid · Δ -0.04 net GEX -$481k per 1% (calls +$210k, puts -$691k)strike 445 calls: OI 34 (-3) · vol 0 (at ask 0, at bid 0) · NBBO 52.85 × 56.00, spread 5.8% of mid · Δ 0.93 puts: OI 189 (+2) · vol 53 (at ask 24, at bid 23, multi-leg 18) · NBBO 0.35 × 0.63, spread 57.1% of mid · Δ -0.03 net GEX -$80k per 1% (calls +$29k, puts -$110k)strike 440 calls: OI 30 (-1) · vol 1 (at ask 1, at bid 0, multi-leg 1) · NBBO 57.50 × 60.90, spread 5.7% of mid · Δ 0.94 puts: OI 334 (-1) · vol 20 (at ask 5, at bid 12, multi-leg 16) · NBBO 0.27 × 0.40, spread 38.8% of mid · Δ -0.02 net GEX -$127k per 1% (calls +$22k, puts -$149k)strike 435 calls: OI 15 (-5) · vol 6 (at ask 6, at bid 0, multi-leg 6) · NBBO 62.35 × 65.85, spread 5.5% of mid · Δ 0.95 puts: OI 74 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.20 × 0.35, spread 54.5% of mid · Δ -0.02 net GEX -$18k per 1% (calls +$9k, puts -$27k)strike 430 calls: OI 23 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 67.40 × 70.80, spread 4.9% of mid · Δ 0.95 puts: OI 246 (-4) · vol 9 (at ask 0, at bid 8, multi-leg 2) · NBBO 0.19 × 0.30, spread 44.9% of mid · Δ -0.02 net GEX -$63k per 1% (calls +$12k, puts -$75k)strike 425 calls: OI 10 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 72.25 × 75.75, spread 4.7% of mid · Δ 0.96 puts: OI 67 (+7) · vol 132 (at ask 10, at bid 108, multi-leg 53) · NBBO 0.01 × 0.42, spread 190.7% of mid · Δ -0.02 net GEX -$13k per 1% (calls +$5k, puts -$17k)strike 420 calls: OI 39 (+1) · vol 1 (at ask 0, at bid 1) · NBBO 77.50 × 80.70, spread 4.0% of mid · Δ 0.96 puts: OI 270 (+10) · vol 2 (at ask 0, at bid 2) · NBBO 0.07 × 0.28, spread 120.0% of mid · Δ -0.01 net GEX -$42k per 1% (calls +$16k, puts -$58k)strike 415 calls: OI 9 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 82.25 × 85.70, spread 4.1% of mid · Δ 0.97 puts: OI 31 (+1) · vol 4 (at ask 1, at bid 1) · NBBO 0.07 × 0.25, spread 112.5% of mid · Δ -0.01 net GEX -$2k per 1% (calls +$3k, puts -$6k)strike 410 calls: OI 2 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 87.15 × 90.65, spread 3.9% of mid · Δ 0.97 puts: OI 59 (-1) · vol 2 (at ask 0, at bid 0) · NBBO 0.05 × 0.36, spread 151.2% of mid · Δ -0.01 net GEX -$8k per 1% (calls +$633, puts -$9k)strike 405 calls: OI 2 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 92.15 × 95.65, spread 3.7% of mid · Δ 0.97 puts: OI 46 (+0) · vol 3 (at ask 1, at bid 1) · NBBO 0.06 × 0.16, spread 90.9% of mid · Δ -0.01 net GEX -$5k per 1% (calls +$553, puts -$6k)strike 400 calls: OI 10 (+2) · vol 0 (at ask 0, at bid 0) · NBBO 97.10 × 100.50, spread 3.4% of mid · Δ 0.98 puts: OI 60 (+5) · vol 21 (at ask 1, at bid 19, multi-leg 2) · NBBO 0.07 × 0.29, spread 122.2% of mid · Δ -0.01 net GEX -$4k per 1% (calls +$2k, puts -$6k)strike 395 calls: OI 8 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 102.15 × 105.60, spread 3.3% of mid · Δ 0.98 puts: OI 527 (+0) · vol 4 (at ask 0, at bid 4) · NBBO 0.01 × 0.23, spread 183.3% of mid · Δ -0.01 net GEX -$46k per 1% (calls +$2k, puts -$48k)strike 390 calls: OI 2 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 107.35 × 110.55, spread 2.9% of mid · Δ 0.98 puts: OI 44 (+0) · vol 2 (at ask 0, at bid 2) · NBBO 0.01 × 0.15, spread 175.0% of mid · Δ -0.01 net GEX -$3k per 1% (calls +$387, puts -$3k)strike 385 calls: OI 3 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 112.05 × 115.55, spread 3.1% of mid · Δ 0.98 puts: OI 27 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.01 × 0.17, spread 177.8% of mid · Δ -0.00 net GEX -$1k per 1% (calls +$520, puts -$2k)strike 380 calls: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 117.10 × 120.55, spread 2.9% of mid · Δ 0.98 puts: OI 22 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.01 × 0.11, spread 166.7% of mid · Δ -0.00 net GEX -$1k per 1% (calls +$0, puts -$1k)strike 375 calls: OI 13 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 122.00 × 125.50, spread 2.8% of mid · Δ 0.99 puts: OI 29 (+0) · vol 1 (at ask 0, at bid 0) · NBBO 0.01 × 0.09, spread 160.0% of mid · Δ -0.00 net GEX +$405 per 1% (calls +$2k, puts -$1k)

2026-10-02 expiry, 55 strikes within ±25% of book spot (the flip search band); 24 hidden (6 above, 18 below), 24 of them with open interest. One row per listed strike: rows are evenly spaced, prices are not. Net GEX is this expiry's alone (+$88.3m per 1% in all); the walls, flip and headline sum every carried expiry. Volume is 2026-09-17's own - whether it opened positions shows in the 2026-09-18 book's change.

max pain $460.00 belongs to the 2026-10-16 monthly (29 days from 2026-09-17, as max_pain_expiry_dte stores it: the nearest monthly at least 7 days out), not to this expiry.

Table view · 55 strikes
putsstrikecallsGEX, $ per 1%
ΔOIOImulti-legsweep@bid@askvolΔspraskbidbidasksprΔvol@ask@bidsweepmulti-legOIΔOIputcallnet
+0000000-1.002.9%123.85120.306200.000.22no two-sided quote0.000000044+10+$0+$2k+$2k
+0000000-1.003.1%113.80110.306100.000.08no two-sided quote0.0000000331+0+$0+$21k+$21k
+0000000-1.003.5%103.85100.306000.000.10no two-sided quote0.0000000435+1+$0+$35k+$35k
+0000000-1.003.9%93.8590.305900.010.06142.9%0.0000000264+0+$0+$28k+$28k
+0000000-1.004.3%83.8580.305800.020.07111.1%0.0119118005,078+0+$0+$788k+$788k
+0000000-1.004.5%73.5070.305700.020.17157.9%0.0100000164-4+$0+$38k+$38k
+0000000-1.005.3%68.8565.305650.080.1347.6%0.0110010045,142-12+$0+$1.5m+$1.5m
+0000000-1.005.7%63.8560.305600.100.2275.0%0.0284301607-16+$0+$219k+$219k
+0000000-1.006.2%58.8555.305550.170.2538.1%0.0246222307369-1+$0+$171k+$171k
-3200000-1.006.7%53.8050.305500.230.3129.6%0.036517535701020,357-9-$24+$12.7m+$12.7m
+0000000-1.007.5%48.8545.305450.270.5872.9%0.0498108303673+0+$0+$557k+$557k
+02900000-1.006.7%43.3540.555400.490.6832.5%0.066240200101,483+6-$571+$1.7m+$1.7m
-12400111930-0.987.5%38.5035.705350.731.0132.2%0.08645351112,278-3-$15k+$3.3m+$3.3m
+07500000-0.938.7%34.2031.355301.051.3726.4%0.1133914917923362,322+33-$120k+$4.4m+$4.2m
+03610102-0.8810.8%29.7026.655251.712.0015.6%0.1522815259029615+91-$81k+$1.4m+$1.4m
-57310123-0.8411.1%25.2022.555202.302.7016.0%0.1973521250623521,154-17-$208k+$3.2m+$3.0m
+0210101-0.819.7%22.7020.60517.52.873.3515.4%0.22322750010+5-$6k+$30k+$24k
-157830123-0.7712.9%21.1018.555153.303.8014.1%0.262651001515146336+19-$269k+$1.1m+$820k
+0670438-0.7412.9%19.0016.70512.53.854.7520.9%0.2954331703945+35-$22k+$154k+$132k
+034560156-0.706.8%16.7515.655104.555.4017.1%0.3315440723281,513+7-$1.4m+$5.4m+$4.1m
+0200000-0.669.3%15.1513.80507.55.706.157.6%0.364434702787+1-$8k+$324k+$316k
-18245902711-0.6110.4%13.6512.305056.557.057.4%0.4016910458118715,241+17-$1.0m+$58.5m+$57.4m
+202200000-0.5710.9%12.1010.85502.57.408.5013.8%0.446401348+12-$94k+$189k+$95k
+176422031106107215-0.5312.9%10.759.455008.759.255.6%0.484773301461746855+170-$2.8m+$3.4m+$626k
+14261000010-0.489.1%9.208.40497.59.8010.9010.6%0.524223192148+33-$113k+$188k+$75k
+553017739046138-0.4418.3%8.056.7049511.2512.056.9%0.56182828416191,301+22-$1.3m+$5.0m+$3.7m
+344145153559-0.406.6%7.056.60492.512.6513.859.1%0.6014581024+23-$167k+$89k-$78k
+8733102483280-0.366.7%6.155.7549014.1015.308.2%0.6338221515221+27-$2.9m+$787k-$2.1m
+91640427-0.3218.5%5.604.65487.515.9517.056.7%0.676131300121+9-$59k+$72k+$13k
+27489213151430-0.2814.5%4.804.1548517.3519.2510.4%0.704294141413841,074+386-$1.7m+$3.5m+$1.8m
+113270369-0.2520.7%4.003.25482.519.2021.159.7%0.73000008+7-$104k+$24k-$80k
+134643667325140-0.2211.4%3.352.9948021.1023.159.3%0.751110100305+41-$1.4m+$854k-$534k
+825953341344-0.1921.8%3.052.45477.523.2025.258.5%0.78201025+0-$706k+$13k-$693k
+40516880246697-0.1719.4%2.552.1047525.3027.408.0%0.8021101100+4-$1.3m+$238k-$1.0m
+18363112122-0.1522.8%2.201.75472.527.5029.607.4%0.82101015+2-$80k+$11k-$69k
+1,0071,7721005476136-0.1320.9%1.851.5047029.5031.807.5%0.832522309154+3-$3.5m+$310k-$3.2m
+138182630128117275-0.1018.5%1.361.1346533.9536.407.0%0.862020261+4-$1.3m+$103k-$1.2m
+804321890103103220-0.0729.8%1.040.7746038.6041.106.3%0.8800000200-3-$537k+$286k-$251k
-337960131230-0.0648.1%0.980.6045543.5545.905.3%0.900000044+1-$365k+$53k-$312k
+299257013488229-0.0436.5%0.680.4745048.2051.105.8%0.9173207204+20-$691k+$210k-$481k
+2189180232453-0.0357.1%0.630.3544552.8556.005.8%0.930000034-3-$110k+$29k-$80k
-133416012520-0.0238.8%0.400.2744057.5060.905.7%0.941100130-1-$149k+$22k-$127k
+07400000-0.0254.5%0.350.2043562.3565.855.5%0.956600615-5-$27k+$9k-$18k
-424620809-0.0244.9%0.300.1943067.4070.804.9%0.950000023+0-$75k+$12k-$63k
+76753010810132-0.02190.7%0.420.0142572.2575.754.7%0.960000010+0-$17k+$5k-$13k
+1027000202-0.01120.0%0.280.0742077.5080.704.0%0.961010039+1-$58k+$16k-$42k
+13100114-0.01112.5%0.250.0741582.2585.704.1%0.97000009+0-$6k+$3k-$2k
-15900002-0.01151.2%0.360.0541087.1590.653.9%0.97000002+0-$9k+$633-$8k
+04600113-0.0190.9%0.160.0640592.1595.653.7%0.97000002+0-$6k+$553-$5k
+5602019121-0.01122.2%0.290.0740097.10100.503.4%0.980000010+2-$6k+$2k-$4k
+052700404-0.01183.3%0.230.01395102.15105.603.3%0.98000008+0-$48k+$2k-$46k
+04400202-0.01175.0%0.150.01390107.35110.552.9%0.98000002+0-$3k+$387-$3k
+02700000-0.00177.8%0.170.01385112.05115.553.1%0.98000003+0-$2k+$520-$1k
+02200000-0.00166.7%0.110.01380117.10120.552.9%0.98000000+0-$1k+$0-$1k
+02900001-0.00160.0%0.090.01375122.00125.502.8%0.990000013+0-$1k+$2k+$405