{"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/CLS","markdown_url":"https://halfonadouble.com/stock/CLS.md","history_url":"https://halfonadouble.com/api/v1/history/CLS.csv","advanced_analysis_url":"https://halfonadouble.com/api/v1/analysis/CLS.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":"CLS","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":387.32000732421875,"previous_close":373.1499938964844,"delta_neutral":314.0665690327733,"gamma_neutral":300.36184438536435,"gamma_max":393.4338733492557,"total_open_interest":119494,"previous_open_interest":127848,"listed_contracts":1216,"listed_calls":812,"listed_puts":665,"gamma_max_distance_pct":1.5785050886666776,"delta_neutral_distance_pct":-18.91289809620557,"gamma_neutral_distance_pct":-22.451244783247994,"open_interest_change_1d_pct":-6.534322007383768,"call_open_interest":73586,"put_open_interest":45908,"put_call_open_interest_ratio":0.6238686706710516,"nearest_expiration_max_pain":350,"nearest_expiration_max_pain_expiry":"2026-10-09","nearest_expiration_max_pain_distance_pct":-9.63544526967305,"all_expiration_max_pain":320,"net_gamma_exposure":7015344.022721568,"net_gamma_exposure_per_100k_open_interest":5870875.544145788,"gamma_exposure_flip":300.36184438536435,"gamma_exposure_flip_distance_pct":-22.451244783247994,"call_wall":400,"call_wall_distance_pct":3.2737768346593707,"put_wall":355,"put_wall_distance_pct":-8.344523059239808,"gamma_max_cross_direction":null,"delta_neutral_cross_direction":null,"open_interest_rank":581},"history_summary":{"first_date":"2020-12-01","last_date":"2026-10-02","session_count":1394,"trailing_window_sessions":252,"sessions_above_gamma_max_pct":6.746031746031746,"gamma_max_cross_count":20,"delta_neutral_cross_count":12,"gamma_max_prior_sessions_closer_pct":6.349206349206349,"gamma_max_prior_comparison_sessions":252,"delta_neutral_prior_sessions_closer_pct":93.65079365079364,"delta_neutral_prior_comparison_sessions":252,"open_interest_percentile_1y":56.74603174603175,"open_interest_change_1d_contracts":-8354,"open_interest_change_z_252":-0.8141857729945878,"open_interest_change_z_comparison_sessions":252,"open_interest_change_5_sessions_pct":1.7871137006371596,"open_interest_change_21_sessions_pct":-2.933268348158076,"call_put_open_interest_changes":{"one_session":{"call_change_contracts":-4460,"put_change_contracts":-3894,"call_growth_pct":-5.7145785818619785,"put_growth_pct":-7.818963093851653,"call_minus_put_growth_pp":2.1043845119896742},"five_sessions":{"call_change_contracts":51,"put_change_contracts":2047,"call_growth_pct":0.06935472904059291,"put_growth_pct":4.667016255899319,"call_minus_put_growth_pp":-4.597661526858726},"call_change_surprise":{"z_score":-0.7622794582601566,"comparison_sessions":252},"put_change_surprise":{"z_score":-0.8171631513948284,"comparison_sessions":252},"call_minus_put_growth_surprise":{"z_score":0.4421820027070753,"comparison_sessions":252}}},"advanced_options":{"data_through":"2026-10-02","analysis_coverage":1,"catalyst_score":41.438128013709864,"directional_score":4.960629921259841,"catalyst_reasons":["volume/OI 0.10"],"features":{"symbol":"CLS","price":387.32,"totalOi":129477,"analysisCoverage":1,"avgIvPct":151.8,"ivRank":64.5,"iv52wHighPct":190.5,"iv52wLowPct":81.55,"frontDte":7,"frontAtmIvPct":59.3566,"backAtmIvPct":71.862,"termPremiumPp":-12.5054,"expectedMoveFrontPct":8.22,"straddleFrontPct":6.46,"straddle30dPct":16.38,"riskReversalFrontPp":-1.78,"riskReversal30dPp":0.81,"butterflyFrontPp":2.11,"butterfly30dPp":-0.04,"putCallOiRatio":0.633,"putCallOiFrontRatio":1.512,"putCallVolumeFrontRatio":0.567,"optionVolume":12736,"volumeOiRatio":0.098365,"netDeltaNormalized":0.273228,"dealerDeltaNormalized":-0.265302,"gexPer100kOi":30791409.424068,"vannaPer100kOi":949.975671,"charmPer100kOi":-12567260.594546,"weekendDeltaShiftPer100kOi":-37701781.783637,"ivSurfaceRangePp":98.4,"gammaFlipDistancePct":-5.912424,"maxPainDistancePct":-17.380977,"peakCallDistancePct":3.273779,"peakPutDistancePct":-7.053599},"complete_analysis_url":"https://halfonadouble.com/api/v1/analysis/CLS.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":54,"completed_path_count":53,"latest_cross_date":"2026-09-24","horizons":[{"sessions":1,"sample_size":54,"median_return_pct":0.14604610386144135,"p25_return_pct":-2.474015299254501,"p75_return_pct":2.0689266231998795,"above_zero_pct":55.55555555555556,"median_interval_low_pct":-0.24038248454787414,"median_interval_high_pct":0.8000030517578249,"median_interval_nominal_coverage_pct":92.40952705108985,"confidence_floor_pct":0},{"sessions":3,"sample_size":54,"median_return_pct":0.43078792760284923,"p25_return_pct":-4.384037022395934,"p75_return_pct":3.648651938170583,"above_zero_pct":57.407407407407405,"median_interval_low_pct":-1.4452716603662652,"median_interval_high_pct":1.8438709020891508,"median_interval_nominal_coverage_pct":92.40952705108985,"confidence_floor_pct":0},{"sessions":5,"sample_size":54,"median_return_pct":1.244127055948907,"p25_return_pct":-3.7264471602232674,"p75_return_pct":4.879555631159388,"above_zero_pct":55.55555555555556,"median_interval_low_pct":-2.3757037081481913,"median_interval_high_pct":2.876105767909176,"median_interval_nominal_coverage_pct":92.40952705108985,"confidence_floor_pct":0},{"sessions":10,"sample_size":53,"median_return_pct":4.973432923554033,"p25_return_pct":-3.9262803613080877,"p75_return_pct":11.860399049592974,"above_zero_pct":67.9245283018868,"median_interval_low_pct":1.7341069671604314,"median_interval_high_pct":6.582294638947661,"median_interval_nominal_coverage_pct":90.16293515595082,"confidence_floor_pct":1.7341069671604314}]},{"direction":"below","event_count":49,"completed_path_count":48,"latest_cross_date":"2026-09-25","horizons":[{"sessions":1,"sample_size":49,"median_return_pct":-0.18018429798489777,"p25_return_pct":-1.9776401226126117,"p75_return_pct":2.321873150558229,"above_zero_pct":44.89795918367347,"median_interval_low_pct":-0.7829943581736387,"median_interval_high_pct":0.8208242589817116,"median_interval_nominal_coverage_pct":91.45668668426055,"confidence_floor_pct":0},{"sessions":3,"sample_size":49,"median_return_pct":1.049426693656863,"p25_return_pct":-2.7212378793693204,"p75_return_pct":5.416925888870749,"above_zero_pct":57.14285714285714,"median_interval_low_pct":-1.0067104428776896,"median_interval_high_pct":3.7070509209466973,"median_interval_nominal_coverage_pct":91.45668668426055,"confidence_floor_pct":0},{"sessions":5,"sample_size":49,"median_return_pct":2.427285677316693,"p25_return_pct":-2.84803437686858,"p75_return_pct":8.367343661885474,"above_zero_pct":61.224489795918366,"median_interval_low_pct":-0.7226732241326084,"median_interval_high_pct":6.665942187561336,"median_interval_nominal_coverage_pct":91.45668668426055,"confidence_floor_pct":0},{"sessions":10,"sample_size":48,"median_return_pct":4.449349459868046,"p25_return_pct":-0.8386585661875695,"p75_return_pct":10.631825223921815,"above_zero_pct":70.83333333333334,"median_interval_low_pct":2.588491480523647,"median_interval_high_pct":7.514607592648637,"median_interval_nominal_coverage_pct":94.05366247462297,"confidence_floor_pct":2.588491480523647}]}],"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."}