Simplify Analytics
XLI

XLI

$169.98 unadjusted close, 2026-09-21
as of 2026-09-21
AAPLAMDAMZNAVGOCATCRSRCRWDDEDELLDIAGOOGINTCIWMLMTMETAMRVLMSFTMUNVDAORCLPANWPLTRQQQSMHSNDKSOXXSPCXSPYSTXWDCXLEXLFXLIXLKXLPXLUXLVXLYXOM

Implied volatility · 30-day constant maturity

level
18.1%
IV percentile
39.5%
own all (<3y) · n=242
IV rank
33.0%
own all (<1y) · n=242
range
12.2% – 30.1%
own all (<1y) · n=242
low 12.2%242 sessions, all (<1y) · today 18.1%high 30.1%

Term structure · constant maturity

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

1 calendar day out: every tenor of 1d or longer spans it Tue 09-22 13:00 ET · Federal Reserve Bank of Richmond President Thomas Barkin speaks to the CFA Society Baltimore22 calendar days out: every tenor of 2d or longer spans it Wed 09-23 09:45 ET · US Flash Services PMI (September) Wed 09-23 09:45 ET · US Flash Manufacturing PMI (September)43 calendar days out: every tenor of 3d or longer spans it Thu 09-24 08:30 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)24 calendar days out: every tenor of 4d 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)1d5d7d14d30d60d90d180d365d21.1%16.8%
2026-09-212026-08-20 (21 sessions earlier)◆ scheduled release, at the first tenor spanning ittenors in calendar days, log scale
Scheduled after the 2026-09-21 close, from the 2026-09-21 calendar snapshot (forecasts as they stood then). Each is marked with the shortest tenor, in calendar days, that spans it:
  • Tue 09-22 13:00 · 1d Federal Reserve Bank of Richmond President Thomas Barkin speaks to the CFA Society Baltimore
  • Wed 09-23 09:45 · 2d US Flash Services PMI (September) · f 55.9 · prev 56.8
  • Wed 09-23 09:45 · 2d US Flash Manufacturing PMI (September) · f 53.5 · prev 53.2
  • Thu 09-24 08:30 · 3d Economic Club of Washington, DC event with Federal Reserve Bank of Richmond President Thomas Barkin
  • Thu 09-24 08:30 · 3d Weekly Jobless Claims (September) · f 204000 · prev 196000
  • Thu 09-24 10:00 · 3d New Home Sales (August) · f 620000 · prev 607000
  • Thu 09-24 11:00 · 3d Kansas City Fed Survey (September) · prev 17
  • Fri 09-25 08:30 · 4d Durable Goods (August) · f -0.3% · prev 1.1%
  • Fri 09-25 10:00 · 4d U. Michigan Final Consumer Survey (September) · f 47.1 · prev 51.7

Earnings: no earnings (ETF): the vendor serves no reports for the funds whose holdings are collected here, and this symbol is one of them.

90-day IV
19.7%
own all (<3y) 48.1% · n=242
slope, 30d − 90d
-1.6 pts
own all (<3y) 16.9% · n=242
variance risk premium, 30d
+4.4 pts
own all (<3y) 82.5% · n=237

Skew · risk reversal

25-delta4d old
+2.0 pts
own all (<3y) 92.9% · n=35
10-delta4d old
+2.4 pts
own all (<3y) 55.7% · 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 2026-09-18

7d2026-09-25 · short
2026-09-25: 11 put and 10 call strikes within ±6.1%, IV 14% to 24%strike 170: IV 13.8%, beyond the shared scalestrike 172.5: IV 13.7%, beyond the shared scale27%15%6.1%book spot+6.1%
14d2026-10-02
2026-10-02: 7 put and 10 call strikes within ±8.6%, IV 16% to 21%27%15%8.6%book spot+8.6%
21d2026-10-09
2026-10-09: 3 put and 6 call strikes within ±11%, IV 16% to 23%27%15%11%book spot+11%
28d2026-10-16
2026-10-16: 8 put and 14 call strikes within ±12%, IV 16% to 24%27%15%12%book spot+12%
35d2026-10-23
2026-10-23: 2 put and 6 call strikes within ±14%, IV 15% to 22%27%15%14%book spot+14%
63d2026-11-20
2026-11-20: 9 put and 12 call strikes within ±18%, IV 18% to 26%27%15%18%book spot+18%
91d2026-12-18
2026-12-18: 3 put and 11 call strikes within ±22%, IV 17% to 22%27%15%22%book spot+22%
119d2027-01-15
2027-01-15: 4 put and 6 call strikes within ±25%, IV 17% to 22%27%15%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 (15%27%), set by the expiries past 7 DTE. 2 short-dated points beyond it are pinned to the edge as open circles.

Expiry window · 3565 DTE

Next earnings: no earnings (ETF): the vendor serves no reports for the funds whose holdings are collected here, and this symbol is one of them.

expiryDTE28-DTE exitthesisearningsATM IV · 09-18expected move
2026-10-30 Friweekly392026-10-0211dno earnings (ETF)no IV at 170
2026-11-20 Fri602026-10-2332dno earnings (ETF)18.4% c 170

DTE counts calendar days from 2026-09-21, the page's date and the earliest an entry could be made - not from the 2026-09-18 book the expiries and IVs come from, which would overstate it by 3 days; an expiry first listed after 2026-09-18 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 2026-09-21 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 2026-09-21, 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 2026-09-18 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 2026-09-18: 1 session behind 2026-09-21: no XLI chain statistics (net_gex) dated after 2026-09-18 are knowable as of 2026-09-21, and no ticker has newer ones. The strikes drawn below are 2026-09-18's rows as stored now; the levels and statistics are the readings dated 2026-09-18, computed from those rows when the readings were derived, and a fetch of 2026-09-18 after that can revise rows. Open interest is what entered 2026-09-18 (OCC's settlement of 2026-09-17), valued at the 2026-09-18 close.

net GEX · carried book
-$114.4m per 1%
own all (<3y) 37.7% · n=65
gamma flip
$189.10
flip within ±25% of book spot
flip distance
+7.95 ATR
own all (<3y) 99.2% · n=62
0DTE share of volume
not listed daily

book spot $169.75 (unadjusted close, 2026-09-18) · call wall $180.00 (+6.04% from book spot) · put wall $170.00 (+0.15% from book spot) · max pain $172.00 (+1.33% 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 $169.75 × (1 + that distance) - the 2026-09-18 unadjusted close, the price the chain was taken at. That is why two prices appear on this page. XLI headlines $169.98, its newest unadjusted close, on 2026-09-21; the book was taken at $169.75 on 2026-09-18, 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 2026-09-18 book's levels, on the 2026-09-18 close.

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

7 DTE: at 7 days or less the vendor's gamma scatters - SPY's 3-DTE contracts sat at 0.38× a model reprice at the 10th percentile (2026-09-11) - so read this expiry's per-strike GEX as rough.

Tradability of the 2026-09-25 expiry: 4 calendar days from 2026-09-21 (7 from the book date), outside the owner's 35–65 DTE entry window. Spreads are the NBBO stored with the 2026-09-18 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 173 (Δ 0.22), put 167 (Δ -0.21).

call put OI carried through 2026-09-17 · opened by 2026-09-17'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 2026-09-17's trading; volume is 2026-09-18's.◀ put OIcall OI ▶entering 2026-09-18◀ put volcall vol ▶traded 2026-09-18◀ putcall ▶spread, % of mid− net GEX+$ per 1% move210205202.5200199198197.5197196195194193192.5192191190189188187.5187186185184183182.5182181180179178177.5177176175174173172.5172171170169168167.5167166165164163162.5162161160159158155150145140135130put strike nearest 0.20 delta: 167call strike nearest 0.20 delta: 1732.5k02.5k1.4k1.4k25%10%10%25%-$5.2m+$5.2mγ flip 189.1call wall 180put wall 170book spot 169.75strike 210 calls: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 38.55 × 43.50, spread 12.1% of mid · Δ -1.00 no GEX (no side has both gamma and open interest)strike 205 calls: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 33.35 × 38.35, spread 13.9% of mid · Δ -1.00 no GEX (no side has both gamma and open interest)strike 202.5 calls: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 30.80 × 35.80, spread 15.0% of mid · Δ -1.00 no GEX (no side has both gamma and open interest)strike 200 calls: OI 1 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 28.55 × 33.55, spread 16.1% of mid · Δ -1.00 net GEX +$0 per 1% (calls +$0, puts +$0)strike 199 calls: OI 2 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 27.55 × 32.55, spread 16.6% of mid · Δ -1.00 net GEX +$0 per 1% (calls +$0, puts +$0)strike 198 calls: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 26.30 × 31.30, spread 17.4% of mid · Δ -1.00 no GEX (no side has both gamma and open interest)strike 197.5 calls: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 25.90 × 30.85, spread 17.4% of mid · Δ -1.00 no GEX (no side has both gamma and open interest)strike 197 calls: OI 2 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 25.30 × 30.30, spread 18.0% of mid · Δ -1.00 net GEX +$0 per 1% (calls +$0, puts +$0)strike 196 calls: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 24.40 × 29.40, spread 18.6% of mid · Δ -1.00 no GEX (no side has both gamma and open interest)strike 195 calls: OI 686 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 23.25 × 28.20, spread 19.2% of mid · Δ -1.00 net GEX +$0 per 1% (calls +$0, puts +$0)strike 194 calls: OI 1 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 22.35 × 27.35, spread 20.1% of mid · Δ -1.00 net GEX +$0 per 1% (calls +$0, puts +$0)strike 193 calls: OI 2 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 21.25 × 26.25, spread 21.1% of mid · Δ -1.00 net GEX +$0 per 1% (calls +$0, puts +$0)strike 192.5 calls: OI 6 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 20.70 × 25.70, spread 21.6% of mid · Δ -1.00 net GEX +$0 per 1% (calls +$0, puts +$0)strike 192 calls: OI 2 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 20.35 × 25.25, spread 21.5% of mid · Δ -1.00 net GEX +$0 per 1% (calls +$0, puts +$0)strike 191 calls: OI 6 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 19.40 × 24.30, spread 22.4% of mid · Δ -1.00 net GEX +$0 per 1% (calls +$0, puts +$0)strike 190 calls: OI 49 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 11 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 18.75 × 23.65, spread 23.1% of mid · Δ -1.00 net GEX -$596 per 1% (calls +$1, puts -$597)strike 189 calls: OI 7 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 17.20 × 22.10, spread 24.9% of mid · Δ -0.99 net GEX +$1 per 1% (calls +$1, puts +$0)strike 188 calls: OI 5 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 8 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 16.35 × 21.25, spread 26.1% of mid · Δ -0.99 net GEX -$804 per 1% (calls +$1, puts -$805)strike 187.5 calls: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 15.95 × 20.85, spread 26.6% of mid · Δ -0.99 no GEX (no side has both gamma and open interest)strike 187 calls: OI 213 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 15.35 × 20.25, spread 27.5% of mid · Δ -0.99 net GEX +$118 per 1% (calls +$118, puts +$0)strike 186 calls: OI 3 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 3 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 14.45 × 19.35, spread 29.0% of mid · Δ -0.98 net GEX -$524 per 1% (calls +$4, puts -$529)strike 185 calls: OI 726 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 13.50 × 18.40, spread 30.7% of mid · Δ -0.98 net GEX +$3k per 1% (calls +$3k, puts +$0)strike 184 calls: OI 38 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 12.25 × 17.15, spread 33.3% of mid · Δ -0.97 net GEX +$303 per 1% (calls +$303, puts +$0)strike 183 calls: OI 23 (-1) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 5 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 11.25 × 16.15, spread 35.8% of mid · Δ -0.96 net GEX -$1k per 1% (calls +$404, puts -$2k)strike 182.5 calls: OI 132 (-1) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 1.75, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 7 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 10.65 × 15.55, spread 37.4% of mid · Δ -0.95 net GEX +$519 per 1% (calls +$3k, puts -$3k)strike 182 calls: OI 36 (+6) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 10 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 10.35 × 15.25, spread 38.3% of mid · Δ -0.94 net GEX -$3k per 1% (calls +$1k, puts -$5k)strike 181 calls: OI 11 (+1) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 puts: OI 5 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 9.00 × 13.90, spread 42.8% of mid · Δ -0.93 net GEX -$2k per 1% (calls +$799, puts -$3k)strike 180 calls: OI 717 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.01 puts: OI 77 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 8.30 × 13.20, spread 45.6% of mid · Δ -0.91 net GEX +$47k per 1% (calls +$98k, puts -$51k)strike 179 calls: OI 590 (+0) · vol 36 (at ask 0, at bid 34) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.01 puts: OI 32 (-1) · vol 0 (at ask 0, at bid 0) · NBBO 7.25 × 12.15, spread 50.5% of mid · Δ -0.88 net GEX +$117k per 1% (calls +$142k, puts -$25k)strike 178 calls: OI 13 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.02 puts: OI 12 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 6.20 × 11.10, spread 56.6% of mid · Δ -0.86 net GEX -$6k per 1% (calls +$5k, puts -$11k)strike 177.5 calls: OI 8 (+0) · vol 5 (at ask 0, at bid 0, multi-leg 5) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.03 puts: OI 18 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 5.40 × 10.30, spread 62.4% of mid · Δ -0.84 net GEX -$13k per 1% (calls +$4k, puts -$17k)strike 177 calls: OI 13 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.04 puts: OI 8 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 5.20 × 10.10, spread 64.1% of mid · Δ -0.82 net GEX +$48 per 1% (calls +$8k, puts -$8k)strike 176 calls: OI 49 (+27) · vol 5 (at ask 0, at bid 0, multi-leg 5) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.07 puts: OI 52 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 4.35 × 9.20, spread 71.6% of mid · Δ -0.79 net GEX -$14k per 1% (calls +$47k, puts -$60k)strike 175 calls: OI 22 (-2) · vol 26 (at ask 20, at bid 6, multi-leg 5) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.09 puts: OI 66 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 3.25 × 8.15, spread 86.0% of mid · Δ -0.76 net GEX -$60k per 1% (calls +$28k, puts -$88k)strike 174 calls: OI 521 (+505) · vol 1,221 (at ask 7, at bid 1,214, multi-leg 2) · NBBO 0.05 × 0.68, spread 172.6% of mid · Δ 0.14 puts: OI 20 (+0) · vol 2 (at ask 0, at bid 2) · NBBO 2.91 × 7.85, spread 91.8% of mid · Δ -0.74 net GEX +$891k per 1% (calls +$922k, puts -$31k)strike 173 calls: OI 41 (+0) · vol 7 (at ask 2, at bid 2, multi-leg 2) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.22 puts: OI 26 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 1.76 × 6.70, spread 116.8% of mid · Δ -0.70 net GEX +$44k per 1% (calls +$92k, puts -$48k)strike 172.5 calls: OI 79 (+0) · vol 22 (at ask 0, at bid 21) · NBBO 0.00 × 0.55, spread no two-sided quote (zero bid) · Δ 0.26 puts: OI 1 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 1.36 × 6.30, spread 129.0% of mid · Δ -0.68 net GEX +$191k per 1% (calls +$193k, puts -$2k)strike 172 calls: OI 737 (+10) · vol 365 (at ask 118, at bid 179, multi-leg 89) · NBBO 0.05 × 5.00, spread 196.0% of mid · Δ 0.31 puts: OI 11 (-1) · vol 2 (at ask 0, at bid 2, multi-leg 2) · NBBO 1.26 × 6.20, spread 132.4% of mid · Δ -0.66 net GEX +$1.9m per 1% (calls +$1.9m, puts -$25k)strike 171 calls: OI 67 (+14) · vol 3 (at ask 3, at bid 0, multi-leg 3) · NBBO 0.27 × 5.20, spread 180.3% of mid · Δ 0.39 puts: OI 9 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.61 × 5.55, spread 160.4% of mid · Δ -0.58 net GEX +$185k per 1% (calls +$207k, puts -$22k)strike 170 calls: OI 228 (+19) · vol 83 (at ask 44, at bid 36, multi-leg 5) · NBBO 0.95 × 2.07, spread 74.2% of mid · Δ 0.50 puts: OI 68 (+2) · vol 40 (at ask 0, at bid 20, multi-leg 20) · NBBO 0.19 × 5.00, spread 185.4% of mid · Δ -0.49 net GEX +$673k per 1% (calls +$840k, puts -$167k)strike 169 calls: OI 218 (+50) · vol 48 (at ask 4, at bid 44, multi-leg 46) · NBBO 1.47 × 2.18, spread 38.9% of mid · Δ 0.63 puts: OI 2,481 (+6) · vol 47 (at ask 47, at bid 0, multi-leg 45) · NBBO 0.86 × 1.95, spread 77.6% of mid · Δ -0.41 net GEX -$5.2m per 1% (calls +$749k, puts -$6.0m)strike 168 calls: OI 14 (+0) · vol 4 (at ask 4, at bid 0, multi-leg 1) · NBBO 0.36 × 5.30, spread 174.6% of mid · Δ 0.72 puts: OI 306 (+101) · vol 2 (at ask 0, at bid 2) · NBBO 0.83 × 1.92, spread 79.3% of mid · Δ -0.32 net GEX -$679k per 1% (calls +$39k, puts -$718k)strike 167.5 calls: OI 0 (+0) · vol 2 (at ask 2, at bid 0) · NBBO 0.41 × 5.35, spread 171.5% of mid · Δ 0.76 puts: OI 83 (+66) · vol 7 (at ask 7, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ -0.27 net GEX -$190k per 1% (calls +$0, puts -$190k)strike 167 calls: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.91 × 5.85, spread 146.2% of mid · Δ 0.79 puts: OI 75 (+0) · vol 1 (at ask 1, at bid 0) · NBBO 0.00 × 1.06, spread no two-sided quote (zero bid) · Δ -0.21 net GEX -$163k per 1% (calls +$0, puts -$163k)strike 166 calls: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 2.06 × 7.00, spread 109.1% of mid · Δ 0.86 puts: OI 179 (+1) · vol 89 (at ask 1, at bid 88, multi-leg 88) · NBBO 0.00 × 0.88, spread no two-sided quote (zero bid) · Δ -0.14 net GEX -$304k per 1% (calls +$0, puts -$304k)strike 165 calls: OI 1 (+1) · vol 0 (at ask 0, at bid 0) · NBBO 2.51 × 7.45, spread 99.2% of mid · Δ 0.91 puts: OI 38 (+2) · vol 3 (at ask 3, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ -0.09 net GEX -$46k per 1% (calls +$1k, puts -$47k)strike 164 calls: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 3.30 × 8.20, spread 85.2% of mid · Δ 0.94 puts: OI 170 (+1) · vol 1 (at ask 1, at bid 0, multi-leg 1) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ -0.05 net GEX -$141k per 1% (calls +$0, puts -$141k)strike 163 calls: OI 3 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 4.45 × 9.35, spread 71.0% of mid · Δ 0.97 puts: OI 1,400 (+198) · vol 112 (at ask 1, at bid 95, multi-leg 35) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ -0.03 net GEX -$726k per 1% (calls +$2k, puts -$728k)strike 162.5 calls: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 5.00 × 9.90, spread 65.8% of mid · Δ 0.98 puts: OI 8 (+1) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ -0.02 net GEX -$3k per 1% (calls +$0, puts -$3k)strike 162 calls: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 5.40 × 10.30, spread 62.4% of mid · Δ 0.98 puts: OI 23 (+0) · vol 1,384 (at ask 35, at bid 1,348, multi-leg 5) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ -0.02 net GEX -$7k per 1% (calls +$0, puts -$7k)strike 161 calls: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 6.40 × 11.30, spread 55.4% of mid · Δ 0.99 puts: OI 2 (+0) · vol 2 (at ask 2, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ -0.01 net GEX -$323 per 1% (calls +$0, puts -$323)strike 160 calls: OI 3 (+0) · vol 3 (at ask 3, at bid 0, sweep 3) · NBBO 7.20 × 12.10, spread 50.8% of mid · Δ 1.00 puts: OI 283 (+259) · vol 15 (at ask 0, at bid 5) · NBBO 0.00 × 0.10, spread no two-sided quote (zero bid) · Δ -0.00 net GEX -$22k per 1% (calls +$246, puts -$23k)strike 159 calls: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 8.40 × 13.30, spread 45.2% of mid · Δ 1.00 puts: OI 2 (+0) · vol 2 (at ask 2, at bid 0, multi-leg 2) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ -0.00 net GEX -$73 per 1% (calls +$0, puts -$73)strike 158 calls: OI 3 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 9.40 × 14.30, spread 41.4% of mid · Δ 1.00 puts: OI 190 (+188) · vol 1 (at ask 0, at bid 1, multi-leg 1) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ -0.00 net GEX -$3k per 1% (calls +$48, puts -$3k)strike 155 calls: OI 2 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 12.20 × 17.10, spread 33.4% of mid · Δ 1.00 puts: OI 87 (+2) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ -0.00 net GEX -$58 per 1% (calls +$1, puts -$59)strike 150 calls: OI 7 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 17.15 × 21.90, spread 24.3% of mid · Δ 1.00 puts: OI 91 (+3) · vol 38 (at ask 10, at bid 18) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ -0.00 net GEX -$0 per 1% (calls +$0, puts -$0)strike 145 calls: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 22.40 × 27.40, spread 20.1% of mid · Δ 1.00 puts: OI 14 (+1) · vol 12 (at ask 6, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 net GEX +$0 per 1% (calls +$0, puts +$0)strike 140 calls: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 27.45 × 32.45, spread 16.7% of mid · Δ 1.00 puts: OI 8 (+1) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 net GEX +$0 per 1% (calls +$0, puts +$0)strike 135 calls: OI 1 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 32.50 × 37.45, spread 14.2% of mid · Δ 1.00 puts: OI 27 (-1) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 net GEX +$0 per 1% (calls +$0, puts +$0)strike 130 calls: OI 0 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 37.45 × 42.40, spread 12.4% of mid · Δ 1.00 puts: OI 14 (+0) · vol 0 (at ask 0, at bid 0) · NBBO 0.00 × 4.80, spread no two-sided quote (zero bid) · Δ 0.00 net GEX +$0 per 1% (calls +$0, puts +$0)

2026-09-25 expiry, 60 strikes within ±25% of book spot (the flip search band); 7 hidden (0 above, 7 below), 2 of them with open interest. One row per listed strike: rows are evenly spaced, prices are not. Net GEX is this expiry's alone (-$3.5m per 1% in all); the walls, flip and headline sum every carried expiry. Volume is 2026-09-18's own - whether it opened positions shows in the 2026-09-21 book's change.

max pain $172.00 belongs to the 2026-10-16 monthly (28 days from 2026-09-18, as max_pain_expiry_dte stores it: the nearest monthly at least 7 days out), not to this expiry.

Table view · 60 strikes
putsstrikecallsGEX, $ per 1%
ΔOIOImulti-legsweep@bid@askvolΔspraskbidbidasksprΔvol@ask@bidsweepmulti-legOIΔOIputcallnet
+0000000-1.0012.1%43.5038.552100.004.80no two-sided quote0.00000000+0
+0000000-1.0013.9%38.3533.352050.004.80no two-sided quote0.00000000+0
+0000000-1.0015.0%35.8030.80202.50.004.80no two-sided quote0.00000000+0
+0000000-1.0016.1%33.5528.552000.004.80no two-sided quote0.00000001+0+$0+$0+$0
+0000000-1.0016.6%32.5527.551990.004.80no two-sided quote0.00000002+0+$0+$0+$0
+0000000-1.0017.4%31.3026.301980.004.80no two-sided quote0.00000000+0
+0000000-1.0017.4%30.8525.90197.50.004.80no two-sided quote0.00000000+0
+0000000-1.0018.0%30.3025.301970.004.80no two-sided quote0.00000002+0+$0+$0+$0
+0000000-1.0018.6%29.4024.401960.004.80no two-sided quote0.00000000+0
+0000000-1.0019.2%28.2023.251950.004.80no two-sided quote0.0000000686+0+$0+$0+$0
+0000000-1.0020.1%27.3522.351940.004.80no two-sided quote0.00000001+0+$0+$0+$0
+0000000-1.0021.1%26.2521.251930.004.80no two-sided quote0.00000002+0+$0+$0+$0
+0000000-1.0021.6%25.7020.70192.50.004.80no two-sided quote0.00000006+0+$0+$0+$0
+0000000-1.0021.5%25.2520.351920.004.80no two-sided quote0.00000002+0+$0+$0+$0
+0000000-1.0022.4%24.3019.401910.004.80no two-sided quote0.00000006+0+$0+$0+$0
+01100000-1.0023.1%23.6518.751900.004.80no two-sided quote0.000000049+0-$597+$1-$596
+0000000-0.9924.9%22.1017.201890.004.80no two-sided quote0.00000007+0+$0+$1+$1
+0800000-0.9926.1%21.2516.351880.004.80no two-sided quote0.00000005+0-$805+$1-$804
+0000000-0.9926.6%20.8515.95187.50.004.80no two-sided quote0.00000000+0
+0000000-0.9927.5%20.2515.351870.004.80no two-sided quote0.0000000213+0+$0+$118+$118
+0300000-0.9829.0%19.3514.451860.004.80no two-sided quote0.00000003+0-$529+$4-$524
+0000000-0.9830.7%18.4013.501850.004.80no two-sided quote0.0000000726+0+$0+$3k+$3k
+0000000-0.9733.3%17.1512.251840.004.80no two-sided quote0.000000038+0+$0+$303+$303
+0500000-0.9635.8%16.1511.251830.004.80no two-sided quote0.000000023-1-$2k+$404-$1k
+0700000-0.9537.4%15.5510.65182.50.001.75no two-sided quote0.0000000132-1-$3k+$3k+$519
+01000000-0.9438.3%15.2510.351820.004.80no two-sided quote0.000000036+6-$5k+$1k-$3k
+0500000-0.9342.8%13.909.001810.004.80no two-sided quote0.000000011+1-$3k+$799-$2k
+07700000-0.9145.6%13.208.301800.004.80no two-sided quote0.0100000717+0-$51k+$98k+$47k
-13200000-0.8850.5%12.157.251790.004.80no two-sided quote0.013603400590+0-$25k+$142k+$117k
+01200000-0.8656.6%11.106.201780.004.80no two-sided quote0.020000013+0-$11k+$5k-$6k
+01800000-0.8462.4%10.305.40177.50.004.80no two-sided quote0.03500058+0-$17k+$4k-$13k
+0800000-0.8264.1%10.105.201770.004.80no two-sided quote0.040000013+0-$8k+$8k+$48
+05200000-0.7971.6%9.204.351760.004.80no two-sided quote0.075000549+27-$60k+$47k-$14k
+06600000-0.7686.0%8.153.251750.004.80no two-sided quote0.09262060522-2-$88k+$28k-$60k
+02000202-0.7491.8%7.852.911740.050.68172.6%0.141,22171,21402521+505-$31k+$922k+$891k
+02600000-0.70116.8%6.701.761730.004.80no two-sided quote0.227220241+0-$48k+$92k+$44k
+0100000-0.68129.0%6.301.36172.50.000.55no two-sided quote0.26220210079+0-$2k+$193k+$191k
-11120202-0.66132.4%6.201.261720.055.00196.0%0.31365118179089737+10-$25k+$1.9m+$1.9m
+0900000-0.58160.4%5.550.611710.275.20180.3%0.393300367+14-$22k+$207k+$185k
+26820020040-0.49185.4%5.000.191700.952.0774.2%0.5083443605228+19-$167k+$840k+$673k
+62,48145004747-0.4177.6%1.950.861691.472.1838.9%0.6348444046218+50-$6.0m+$749k-$5.2m
+10130600202-0.3279.3%1.920.831680.365.30174.6%0.724400114+0-$718k+$39k-$679k
+668300077-0.27no two-sided quote4.800.00167.50.415.35171.5%0.76220000+0-$190k+$0-$190k
+07500011-0.21no two-sided quote1.060.001670.915.85146.2%0.79000000+0-$163k+$0-$163k
+117988088189-0.14no two-sided quote0.880.001662.067.00109.1%0.86000000+0-$304k+$0-$304k
+23800033-0.09no two-sided quote4.800.001652.517.4599.2%0.91000001+1-$47k+$1k-$46k
+117010011-0.05no two-sided quote4.800.001643.308.2085.2%0.94000000+0-$141k+$0-$141k
+1981,400350951112-0.03no two-sided quote4.800.001634.459.3571.0%0.97000003+0-$728k+$2k-$726k
+1800000-0.02no two-sided quote4.800.00162.55.009.9065.8%0.98000000+0-$3k+$0-$3k
+023501,348351,384-0.02no two-sided quote4.800.001625.4010.3062.4%0.98000000+0-$7k+$0-$7k
+0200022-0.01no two-sided quote4.800.001616.4011.3055.4%0.99000000+0-$323+$0-$323
+259283005015-0.00no two-sided quote0.100.001607.2012.1050.8%1.00330303+0-$23k+$246-$22k
+0220022-0.00no two-sided quote4.800.001598.4013.3045.2%1.00000000+0-$73+$0-$73
+18819010101-0.00no two-sided quote4.800.001589.4014.3041.4%1.00000003+0-$3k+$48-$3k
+28700000-0.00no two-sided quote4.800.0015512.2017.1033.4%1.00000002+0-$59+$1-$58
+39100181038-0.00no two-sided quote4.800.0015017.1521.9024.3%1.00000007+0-$0+$0-$0
+1140006120.00no two-sided quote4.800.0014522.4027.4020.1%1.00000000+0+$0+$0+$0
+18000000.00no two-sided quote4.800.0014027.4532.4516.7%1.00000000+0+$0+$0+$0
-127000000.00no two-sided quote4.800.0013532.5037.4514.2%1.00000001+0+$0+$0+$0
+014000000.00no two-sided quote4.800.0013037.4542.4012.4%1.00000000+0+$0+$0+$0