{"schema_version":1,"publisher":"Half on a Double","data_through":"2026-10-02","frequency":"end-of-day","methodology":"market-implied-carry-v1","generation":"market-implied-carry-analytics-20260917T000000Z","canonical_url":"https://halfonadouble.com/stock/APH","markdown_url":"https://halfonadouble.com/stock/APH.md","history_url":"https://halfonadouble.com/api/v1/history/APH.csv","advanced_analysis_url":"https://halfonadouble.com/api/v1/analysis/APH.json?date=2026-10-02","definitions_url":"https://halfonadouble.com/methodology.md","license_url":"https://halfonadouble.com/terms.md","disclaimer_url":"https://halfonadouble.com/disclaimer.md","symbol":"APH","page_tier":"A","units":{"prices":"USD per share","open_interest":"option contracts","gamma_exposure":"modeled dollar-delta change per USD 1 underlying move","gamma_exposure_normalized":"modeled gamma exposure per 100,000 open option contracts","distances":"percent of close","forward_outcomes":"close-to-close percent return"},"snapshot":{"close":86.95999908447266,"previous_close":85.66999816894531,"delta_neutral":78.07790881982962,"gamma_neutral":80.12718766898513,"gamma_max":90.3311011281803,"total_open_interest":318931,"previous_open_interest":319642,"listed_contracts":411,"listed_calls":281,"listed_puts":244,"gamma_max_distance_pct":3.876612326585882,"delta_neutral_distance_pct":-10.213995352064122,"gamma_neutral_distance_pct":-7.857418913781446,"open_interest_change_1d_pct":-0.22243635066730907,"call_open_interest":131211,"put_open_interest":187720,"put_call_open_interest_ratio":1.4306727332312077,"nearest_expiration_max_pain":80,"nearest_expiration_max_pain_expiry":"2026-10-16","nearest_expiration_max_pain_distance_pct":-8.003678884255432,"all_expiration_max_pain":75,"net_gamma_exposure":14354625.728042215,"net_gamma_exposure_per_100k_open_interest":4500856.212799074,"gamma_exposure_flip":80.12718766898513,"gamma_exposure_flip_distance_pct":-7.857418913781446,"call_wall":90,"call_wall_distance_pct":3.4958612552126374,"put_wall":65,"put_wall_distance_pct":-25.25298909345754,"gamma_max_cross_direction":null,"delta_neutral_cross_direction":null,"open_interest_rank":292},"history_summary":{"first_date":"2020-12-01","last_date":"2026-10-02","session_count":1393,"trailing_window_sessions":252,"sessions_above_gamma_max_pct":1.5873015873015872,"gamma_max_cross_count":4,"delta_neutral_cross_count":8,"gamma_max_prior_sessions_closer_pct":15.079365079365079,"gamma_max_prior_comparison_sessions":252,"delta_neutral_prior_sessions_closer_pct":61.50793650793651,"delta_neutral_prior_comparison_sessions":252,"open_interest_percentile_1y":99.20634920634922,"open_interest_change_1d_contracts":-711,"open_interest_change_z_252":-0.08774628732127501,"open_interest_change_z_comparison_sessions":252,"open_interest_change_5_sessions_pct":3.478808211311156,"open_interest_change_21_sessions_pct":155.61513184259036,"call_put_open_interest_changes":{"one_session":{"call_change_contracts":-424,"put_change_contracts":-287,"call_growth_pct":-0.32210278421392485,"put_growth_pct":-0.15265389054662856,"call_minus_put_growth_pp":-0.1694488936672963},"five_sessions":{"call_change_contracts":6546,"put_change_contracts":4176,"call_growth_pct":5.25087233786548,"put_growth_pct":2.275203765854509,"call_minus_put_growth_pp":2.975668572010971},"call_change_surprise":{"z_score":-0.07583495206162306,"comparison_sessions":252},"put_change_surprise":{"z_score":-0.09404493217726136,"comparison_sessions":252},"call_minus_put_growth_surprise":{"z_score":0.0337984917740927,"comparison_sessions":252}}},"advanced_options":{"data_through":"2026-10-02","analysis_coverage":1,"catalyst_score":34.90406612967123,"directional_score":-29.251968503937007,"catalyst_reasons":[],"features":{"symbol":"APH","price":86.96,"totalOi":318931,"analysisCoverage":1,"avgIvPct":62.1,"ivRank":67.1,"iv52wHighPct":69.4,"iv52wLowPct":47.2,"frontDte":14,"frontAtmIvPct":39.3674,"backAtmIvPct":46.4251,"termPremiumPp":-7.0577,"expectedMoveFrontPct":7.71,"straddleFrontPct":5.92,"straddle30dPct":5.92,"riskReversalFrontPp":1.64,"riskReversal30dPp":1.64,"butterflyFrontPp":-0.23,"butterfly30dPp":-0.23,"putCallOiRatio":1.431,"putCallOiFrontRatio":2.058,"putCallVolumeFrontRatio":1.571,"optionVolume":7260,"volumeOiRatio":0.022764,"netDeltaNormalized":0.180391,"dealerDeltaNormalized":-0.180309,"gexPer100kOi":4046694.200313,"vannaPer100kOi":1225.343413,"charmPer100kOi":-1312049.941837,"weekendDeltaShiftPer100kOi":-3936149.825511,"ivSurfaceRangePp":59.5,"gammaFlipDistancePct":-2.207912,"maxPainDistancePct":-13.75345,"peakCallDistancePct":0.620975,"peakPutDistancePct":-13.75345},"complete_analysis_url":"https://halfonadouble.com/api/v1/analysis/APH.json?date=2026-10-02","interpretation":"Catalyst intensity ranks unusual option pricing and activity; it does not identify the event, predict direction or recommend a trade. Directional score summarizes relative positioning under documented model conventions."},"gamma_max_cross_outcomes":[{"direction":"above","event_count":32,"completed_path_count":32,"latest_cross_date":"2026-06-30","horizons":[{"sessions":1,"sample_size":32,"median_return_pct":-0.0850215090490547,"p25_return_pct":-0.7024626899981457,"p75_return_pct":0.842799072947964,"above_zero_pct":46.875,"median_interval_low_pct":-0.2771017920312202,"median_interval_high_pct":0.31909051515488507,"median_interval_nominal_coverage_pct":94.98975402675569,"confidence_floor_pct":0},{"sessions":3,"sample_size":32,"median_return_pct":0.7174281383696801,"p25_return_pct":-1.1278684876324414,"p75_return_pct":2.481787133556307,"above_zero_pct":65.625,"median_interval_low_pct":-0.2707295631918516,"median_interval_high_pct":1.951978139475874,"median_interval_nominal_coverage_pct":94.98975402675569,"confidence_floor_pct":0},{"sessions":5,"sample_size":32,"median_return_pct":0.4910889539789465,"p25_return_pct":-0.5832367439747271,"p75_return_pct":3.506375804425854,"above_zero_pct":62.5,"median_interval_low_pct":-0.3609727509224836,"median_interval_high_pct":3.142643736024442,"median_interval_nominal_coverage_pct":94.98975402675569,"confidence_floor_pct":0},{"sessions":10,"sample_size":32,"median_return_pct":2.342775336969627,"p25_return_pct":-0.71281667467816,"p75_return_pct":4.476196902268454,"above_zero_pct":71.875,"median_interval_low_pct":0.29188855353268206,"median_interval_high_pct":4.0526522474253035,"median_interval_nominal_coverage_pct":94.98975402675569,"confidence_floor_pct":0.29188855353268206}]},{"direction":"below","event_count":30,"completed_path_count":30,"latest_cross_date":"2026-07-01","horizons":[{"sessions":1,"sample_size":30,"median_return_pct":-0.14353415740652187,"p25_return_pct":-0.6583699993989722,"p75_return_pct":0.6152266700709952,"above_zero_pct":43.333333333333336,"median_interval_low_pct":-0.5737795871010087,"median_interval_high_pct":0.448321429731946,"median_interval_nominal_coverage_pct":90.1262853294611,"confidence_floor_pct":0},{"sessions":3,"sample_size":30,"median_return_pct":0.017665517308773637,"p25_return_pct":-1.3620275885398991,"p75_return_pct":0.7400987017049665,"above_zero_pct":50,"median_interval_low_pct":-1.1207144979725858,"median_interval_high_pct":0.48026125931104335,"median_interval_nominal_coverage_pct":90.1262853294611,"confidence_floor_pct":0},{"sessions":5,"sample_size":30,"median_return_pct":0.9473245166166988,"p25_return_pct":-1.0794756026945573,"p75_return_pct":2.529176832803576,"above_zero_pct":70,"median_interval_low_pct":0.7526974916240547,"median_interval_high_pct":2.1762772642129447,"median_interval_nominal_coverage_pct":90.1262853294611,"confidence_floor_pct":0.7526974916240547},{"sessions":10,"sample_size":30,"median_return_pct":2.214020882621781,"p25_return_pct":0.17166170969760697,"p75_return_pct":3.795733767823639,"above_zero_pct":76.66666666666667,"median_interval_low_pct":1.213062603482884,"median_interval_high_pct":2.977252405202502,"median_interval_nominal_coverage_pct":90.1262853294611,"confidence_floor_pct":1.213062603482884}]}],"missing_value_semantics":"null means unavailable; it never means zero","interpretation":"These are descriptive end-of-day model outputs. Signed GEX uses the published call-positive, put-negative convention and is not observed dealer inventory. None of the fields are live prices, predictions or investment advice."}