{"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/LYV","markdown_url":"https://halfonadouble.com/stock/LYV.md","history_url":"https://halfonadouble.com/api/v1/history/LYV.csv","advanced_analysis_url":"https://halfonadouble.com/api/v1/analysis/LYV.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":"LYV","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":168.77000427246094,"previous_close":166.86000061035156,"delta_neutral":160.1351614646756,"gamma_neutral":153.5450473933202,"gamma_max":183.15178918993928,"total_open_interest":181269,"previous_open_interest":181656,"listed_contracts":417,"listed_calls":251,"listed_puts":218,"gamma_max_distance_pct":8.521529035610206,"delta_neutral_distance_pct":-5.116337375832089,"gamma_neutral_distance_pct":-9.021127270081529,"open_interest_change_1d_pct":-0.2130400317082838,"call_open_interest":80449,"put_open_interest":100820,"put_call_open_interest_ratio":1.2532163233850018,"nearest_expiration_max_pain":172.5,"nearest_expiration_max_pain_expiry":"2026-10-09","nearest_expiration_max_pain_distance_pct":2.2101058441151586,"all_expiration_max_pain":165,"net_gamma_exposure":6537031.935552928,"net_gamma_exposure_per_100k_open_interest":3606260.2737108544,"gamma_exposure_flip":153.5450473933202,"gamma_exposure_flip_distance_pct":-9.021127270081529,"call_wall":180,"call_wall_distance_pct":6.654023489511471,"put_wall":160,"put_wall_distance_pct":-5.196423564878693,"gamma_max_cross_direction":null,"delta_neutral_cross_direction":null,"open_interest_rank":435},"history_summary":{"first_date":"2020-12-01","last_date":"2026-10-02","session_count":1393,"trailing_window_sessions":252,"sessions_above_gamma_max_pct":8.73015873015873,"gamma_max_cross_count":20,"delta_neutral_cross_count":10,"gamma_max_prior_sessions_closer_pct":55.158730158730165,"gamma_max_prior_comparison_sessions":252,"delta_neutral_prior_sessions_closer_pct":30.952380952380953,"delta_neutral_prior_comparison_sessions":252,"open_interest_percentile_1y":97.22222222222221,"open_interest_change_1d_contracts":-387,"open_interest_change_z_252":-0.0990117505760583,"open_interest_change_z_comparison_sessions":252,"open_interest_change_5_sessions_pct":0.839452603471295,"open_interest_change_21_sessions_pct":6.633841592545532,"call_put_open_interest_changes":{"one_session":{"call_change_contracts":-69,"put_change_contracts":-318,"call_growth_pct":-0.08569512407163615,"put_growth_pct":-0.3144218790167889,"call_minus_put_growth_pp":0.22872675494515277},"five_sessions":{"call_change_contracts":954,"put_change_contracts":555,"call_growth_pct":1.2000754764450594,"put_growth_pct":0.5535331371864559,"call_minus_put_growth_pp":0.6465423392586035},"call_change_surprise":{"z_score":-0.05684883221840643,"comparison_sessions":250},"put_change_surprise":{"z_score":-0.14565188155764755,"comparison_sessions":250},"call_minus_put_growth_surprise":{"z_score":0.05478599147875885,"comparison_sessions":250}}},"advanced_options":{"data_through":"2026-10-02","analysis_coverage":1,"catalyst_score":41.54223080190385,"directional_score":0.07874015748031482,"catalyst_reasons":["25Δ risk reversal -47.6 pp"],"features":{"symbol":"LYV","price":168.77,"totalOi":182100,"analysisCoverage":1,"avgIvPct":60.5,"ivRank":82.8,"iv52wHighPct":64.4,"iv52wLowPct":41.7,"frontDte":7,"frontAtmIvPct":30.6893,"backAtmIvPct":33.1335,"termPremiumPp":-2.4442,"expectedMoveFrontPct":4.25,"straddleFrontPct":3.94,"straddle30dPct":6.04,"riskReversalFrontPp":-47.62,"riskReversal30dPp":-42.9,"butterflyFrontPp":-2,"butterfly30dPp":-2,"putCallOiRatio":1.249,"putCallOiFrontRatio":0.236,"putCallVolumeFrontRatio":0.218,"optionVolume":1161,"volumeOiRatio":0.006376,"netDeltaNormalized":0.089534,"dealerDeltaNormalized":-0.089528,"gexPer100kOi":6119521.488193,"vannaPer100kOi":4488.742449,"charmPer100kOi":-16322.350357,"weekendDeltaShiftPer100kOi":-48966.501922,"ivSurfaceRangePp":85.4,"gammaFlipDistancePct":6.049653,"maxPainDistancePct":-2.233809,"peakCallDistancePct":2.210108,"peakPutDistancePct":-0.752503},"complete_analysis_url":"https://halfonadouble.com/api/v1/analysis/LYV.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":39,"completed_path_count":39,"latest_cross_date":"2026-08-14","horizons":[{"sessions":1,"sample_size":39,"median_return_pct":-0.16284937725643545,"p25_return_pct":-0.914332056803796,"p75_return_pct":0.8848290987773733,"above_zero_pct":38.46153846153847,"median_interval_low_pct":-0.6181411272899617,"median_interval_high_pct":0.18583661123912076,"median_interval_nominal_coverage_pct":94.67480859020725,"confidence_floor_pct":0},{"sessions":3,"sample_size":39,"median_return_pct":-0.7204703355991438,"p25_return_pct":-2.1996092966397427,"p75_return_pct":2.341866406879145,"above_zero_pct":46.15384615384615,"median_interval_low_pct":-1.6548684467258656,"median_interval_high_pct":1.7011217460997097,"median_interval_nominal_coverage_pct":94.67480859020725,"confidence_floor_pct":0},{"sessions":5,"sample_size":39,"median_return_pct":-0.20141269642576232,"p25_return_pct":-2.9785545491585683,"p75_return_pct":1.8509879318556188,"above_zero_pct":46.15384615384615,"median_interval_low_pct":-1.3042288620182418,"median_interval_high_pct":1.3711130161053076,"median_interval_nominal_coverage_pct":94.67480859020725,"confidence_floor_pct":0},{"sessions":10,"sample_size":39,"median_return_pct":0.5694625346886584,"p25_return_pct":-3.0749894684185595,"p75_return_pct":3.343789085323823,"above_zero_pct":53.84615384615385,"median_interval_low_pct":-2.1009583102404528,"median_interval_high_pct":2.87652814881747,"median_interval_nominal_coverage_pct":94.67480859020725,"confidence_floor_pct":0}]},{"direction":"below","event_count":39,"completed_path_count":39,"latest_cross_date":"2026-08-17","horizons":[{"sessions":1,"sample_size":39,"median_return_pct":0.022501333369961962,"p25_return_pct":-0.916037231022998,"p75_return_pct":0.8071793147732986,"above_zero_pct":53.84615384615385,"median_interval_low_pct":-0.6518407852425634,"median_interval_high_pct":0.41983369902904855,"median_interval_nominal_coverage_pct":94.67480859020725,"confidence_floor_pct":0},{"sessions":3,"sample_size":39,"median_return_pct":0.602747321723518,"p25_return_pct":-1.6314762615247058,"p75_return_pct":2.1519833660012977,"above_zero_pct":64.1025641025641,"median_interval_low_pct":-0.194760289028173,"median_interval_high_pct":1.3561971171458298,"median_interval_nominal_coverage_pct":94.67480859020725,"confidence_floor_pct":0},{"sessions":5,"sample_size":39,"median_return_pct":0.2391723403014856,"p25_return_pct":-2.860142569799684,"p75_return_pct":3.4288461854038554,"above_zero_pct":53.84615384615385,"median_interval_low_pct":-0.9751543418720088,"median_interval_high_pct":1.7321285438522072,"median_interval_nominal_coverage_pct":94.67480859020725,"confidence_floor_pct":0},{"sessions":10,"sample_size":39,"median_return_pct":0.3650818185196636,"p25_return_pct":-3.3471449567137377,"p75_return_pct":4.317364798675005,"above_zero_pct":53.84615384615385,"median_interval_low_pct":-1.8028898033944252,"median_interval_high_pct":3.3568651380970094,"median_interval_nominal_coverage_pct":94.67480859020725,"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."}