Options · RTX

GEX × Max Pain for RTX

AI-generated plain-English read of gex × max pain for RTX. Updated daily.

Damper regime around $197.43 — moves get absorbed. Magnets are loose, so direction isn't clear; expect chop without a strong external trigger.

What will probably happen

Short-term: dampers absorb moves. Expect range-bound trading until something meaningful breaks the structure.
Longer-dated OI is positioned for settlement at $120.00 (-39% from here) — gravitational pull down over weeks-to-months.

If you HOLD this stock: Add a hedge near $197.50 — that's the regime-flip line. Below it the structure stops protecting you and starts working against you. A put or stop just under is structurally informed.
If you TRADE this stock (no options): No clean directional setup from the structure. Wait for an external trigger (earnings, sector flow, news) before sizing.
If you trade OPTIONS: No edge from the structure alone — premium is fairly priced for the regime. Wait for tighter convergence or a clearer directional setup.

Clear regime, tight convergence, full term structure (15 expirations).

Technical details

Term: Term structure: max-gamma climbs from $197.50 (front) to $220.00 (longest-dated); max-pain drops from $192.50 to $120.00; the flip point recedes from spot in longer-dated rows (more damper buffer).
Regime: Damper regime is in place (positive net GEX of $48.21M), but the flip point at $197.50 is within 0.0% of spot — a small move puts us in the amplifier zone.
Structure: Spot $197.43; front-week magnet at $197.50 (max-gamma) and $192.50 (max-pain).
Convergence: Same-side bias but loose: max-gamma at $197.50, max-pain at $192.50. The magnets agree on direction but disagree on magnitude — directional conviction is weaker than a tight convergence.