{"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/KLAR","markdown_url":"https://halfonadouble.com/stock/KLAR.md","history_url":"https://halfonadouble.com/api/v1/history/KLAR.csv","advanced_analysis_url":"https://halfonadouble.com/api/v1/analysis/KLAR.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":"KLAR","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":12.510000228881836,"previous_close":12.449999809265137,"delta_neutral":13.527825374568586,"gamma_neutral":14.048904425214936,"gamma_max":15.963785338550515,"total_open_interest":185263,"previous_open_interest":194222,"listed_contracts":237,"listed_calls":163,"listed_puts":124,"gamma_max_distance_pct":27.60819381677489,"delta_neutral_distance_pct":8.136092142803461,"gamma_neutral_distance_pct":12.30139223163427,"open_interest_change_1d_pct":-4.612762714831482,"call_open_interest":102576,"put_open_interest":82687,"put_call_open_interest_ratio":0.8061047418499454,"nearest_expiration_max_pain":13.5,"nearest_expiration_max_pain_expiry":"2026-10-09","nearest_expiration_max_pain_distance_pct":7.913667090369445,"all_expiration_max_pain":15,"net_gamma_exposure":-6943159.72980666,"net_gamma_exposure_per_100k_open_interest":-3747731.4573372235,"gamma_exposure_flip":14.048904425214936,"gamma_exposure_flip_distance_pct":12.30139223163427,"call_wall":15,"call_wall_distance_pct":19.90407454485494,"put_wall":12.5,"put_wall_distance_pct":-0.07993787928755118,"gamma_max_cross_direction":null,"delta_neutral_cross_direction":null,"open_interest_rank":429},"history_summary":{"first_date":"2025-09-15","last_date":"2026-10-02","session_count":266,"trailing_window_sessions":252,"sessions_above_gamma_max_pct":7.936507936507936,"gamma_max_cross_count":14,"delta_neutral_cross_count":17,"gamma_max_prior_sessions_closer_pct":66.26984126984127,"gamma_max_prior_comparison_sessions":252,"delta_neutral_prior_sessions_closer_pct":55.55555555555556,"delta_neutral_prior_comparison_sessions":252,"open_interest_percentile_1y":78.57142857142857,"open_interest_change_1d_contracts":-8959,"open_interest_change_z_252":-0.5298314838347086,"open_interest_change_z_comparison_sessions":252,"open_interest_change_5_sessions_pct":4.186865221743581,"open_interest_change_21_sessions_pct":-6.329222726146597,"call_put_open_interest_changes":{"one_session":{"call_change_contracts":-8296,"put_change_contracts":-663,"call_growth_pct":-7.482502345046541,"put_growth_pct":-0.7954409118176365,"call_minus_put_growth_pp":-6.687061433228904},"five_sessions":{"call_change_contracts":-2778,"put_change_contracts":10223,"call_growth_pct":-2.6368244205250866,"put_growth_pct":14.107694855376462,"call_minus_put_growth_pp":-16.74451927590155},"call_change_surprise":{"z_score":-0.6389507503742681,"comparison_sessions":252},"put_change_surprise":{"z_score":-0.15934073691538747,"comparison_sessions":252},"call_minus_put_growth_surprise":{"z_score":-0.4421744590351177,"comparison_sessions":252}}},"advanced_options":{"data_through":"2026-10-02","analysis_coverage":1,"catalyst_score":42.731856903480384,"directional_score":9.763779527559052,"catalyst_reasons":["IV rank 97"],"features":{"symbol":"KLAR","price":12.51,"totalOi":195757,"analysisCoverage":1,"avgIvPct":479.9,"ivRank":96.5,"iv52wHighPct":493.8,"iv52wLowPct":92.38,"frontDte":7,"frontAtmIvPct":43.3982,"backAtmIvPct":58.2702,"termPremiumPp":-14.872,"expectedMoveFrontPct":6.01,"straddleFrontPct":4.6,"straddle30dPct":8.79,"riskReversalFrontPp":-11.11,"riskReversal30dPp":1.04,"butterflyFrontPp":-4.69,"butterfly30dPp":6.22,"putCallOiRatio":0.754,"putCallOiFrontRatio":0.549,"putCallVolumeFrontRatio":0.224,"optionVolume":5813,"volumeOiRatio":0.029695,"netDeltaNormalized":-0.058916,"dealerDeltaNormalized":0.058684,"gexPer100kOi":-561678.954009,"vannaPer100kOi":2634.899391,"charmPer100kOi":-1250239.838167,"weekendDeltaShiftPer100kOi":-3750719.003663,"ivSurfaceRangePp":223.3,"gammaFlipDistancePct":null,"maxPainDistancePct":19.904077,"peakCallDistancePct":19.904077,"peakPutDistancePct":-0.079936},"complete_analysis_url":"https://halfonadouble.com/api/v1/analysis/KLAR.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":6,"completed_path_count":6,"latest_cross_date":"2026-08-04","horizons":[{"sessions":1,"sample_size":6,"median_return_pct":0.45473482630431494,"p25_return_pct":-0.7865994466382503,"p75_return_pct":1.001911368908015,"above_zero_pct":66.66666666666666,"median_interval_low_pct":-1.278597474919374,"median_interval_high_pct":3.085248622760095,"median_interval_nominal_coverage_pct":96.875,"confidence_floor_pct":0},{"sessions":3,"sample_size":6,"median_return_pct":1.3747448410258878,"p25_return_pct":0.5112194206983334,"p75_return_pct":6.053831597017806,"above_zero_pct":83.33333333333334,"median_interval_low_pct":-3.4449343561139045,"median_interval_high_pct":9.553447108010449,"median_interval_nominal_coverage_pct":96.875,"confidence_floor_pct":0},{"sessions":5,"sample_size":6,"median_return_pct":1.4765619155693022,"p25_return_pct":-1.2164564854181437,"p75_return_pct":3.770885579532796,"above_zero_pct":50,"median_interval_low_pct":-7.666180868099937,"median_interval_high_pct":10.825439559968753,"median_interval_nominal_coverage_pct":96.875,"confidence_floor_pct":0},{"sessions":10,"sample_size":6,"median_return_pct":-3.6886293055139907,"p25_return_pct":-8.181464713066076,"p75_return_pct":5.42140333864851,"above_zero_pct":33.33333333333333,"median_interval_low_pct":-26.92867552826428,"median_interval_high_pct":15.157478013195025,"median_interval_nominal_coverage_pct":96.875,"confidence_floor_pct":0}]},{"direction":"below","event_count":6,"completed_path_count":6,"latest_cross_date":"2026-08-07","horizons":[{"sessions":1,"sample_size":6,"median_return_pct":-0.32318610861750696,"p25_return_pct":-1.601754088251775,"p75_return_pct":1.478823989778899,"above_zero_pct":50,"median_interval_low_pct":-1.9553094353555345,"median_interval_high_pct":5.90706219739181,"median_interval_nominal_coverage_pct":96.875,"confidence_floor_pct":0},{"sessions":3,"sample_size":6,"median_return_pct":-2.850604415099056,"p25_return_pct":-3.4489773286350554,"p75_return_pct":3.7536078863184663,"above_zero_pct":33.33333333333333,"median_interval_low_pct":-3.919591930899158,"median_interval_high_pct":6.274611131725227,"median_interval_nominal_coverage_pct":96.875,"confidence_floor_pct":0},{"sessions":5,"sample_size":6,"median_return_pct":1.5185708205186335,"p25_return_pct":-3.8896620227048624,"p75_return_pct":4.240334637376114,"above_zero_pct":50,"median_interval_low_pct":-7.346371855205591,"median_interval_high_pct":12.444443172878694,"median_interval_nominal_coverage_pct":96.875,"confidence_floor_pct":0},{"sessions":10,"sample_size":6,"median_return_pct":-1.5940013669770103,"p25_return_pct":-4.108138946775213,"p75_return_pct":1.8863695201113808,"above_zero_pct":33.33333333333333,"median_interval_low_pct":-27.989948751745718,"median_interval_high_pct":7.888889312744141,"median_interval_nominal_coverage_pct":96.875,"confidence_floor_pct":0}]}],"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."}