{"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/TVTX","markdown_url":null,"history_url":"https://halfonadouble.com/api/v1/history/TVTX.csv","advanced_analysis_url":"https://halfonadouble.com/api/v1/analysis/TVTX.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":"TVTX","page_tier":"B","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":56.93000030517578,"previous_close":56.849998474121094,"delta_neutral":43.92349053635818,"gamma_neutral":32.445383133573756,"gamma_max":48.25454217525823,"total_open_interest":30191,"previous_open_interest":30196,"listed_contracts":145,"listed_calls":115,"listed_puts":72,"gamma_max_distance_pct":-15.23881623645244,"delta_neutral_distance_pct":-22.846495167917848,"gamma_neutral_distance_pct":-43.008285684790366,"open_interest_change_1d_pct":-0.016558484567492385,"call_open_interest":20100,"put_open_interest":10091,"put_call_open_interest_ratio":0.5020398009950249,"nearest_expiration_max_pain":60,"nearest_expiration_max_pain_expiry":"2026-10-16","nearest_expiration_max_pain_distance_pct":5.392586823058756,"all_expiration_max_pain":42.5,"net_gamma_exposure":971303.1294123465,"net_gamma_exposure_per_100k_open_interest":3217194.294367018,"gamma_exposure_flip":32.445383133573756,"gamma_exposure_flip_distance_pct":-43.008285684790366,"call_wall":50,"call_wall_distance_pct":-12.172844314117704,"put_wall":47.5,"put_wall_distance_pct":-16.56420209841182,"gamma_max_cross_direction":null,"delta_neutral_cross_direction":null,"open_interest_rank":1285},"history_summary":null,"advanced_options":{"data_through":"2026-10-02","analysis_coverage":1,"catalyst_score":null,"directional_score":null,"catalyst_reasons":[],"features":{"symbol":"TVTX","price":56.93,"totalOi":30191,"analysisCoverage":1,"avgIvPct":67.7,"ivRank":28.7,"iv52wHighPct":94.97,"iv52wLowPct":56.7,"frontDte":14,"frontAtmIvPct":46.9754,"backAtmIvPct":54.0671,"termPremiumPp":-7.0917,"expectedMoveFrontPct":9.2,"straddleFrontPct":18,"straddle30dPct":18,"riskReversalFrontPp":17.59,"riskReversal30dPp":17.59,"butterflyFrontPp":2.4,"butterfly30dPp":2.4,"putCallOiRatio":0.502,"putCallOiFrontRatio":0.206,"putCallVolumeFrontRatio":0,"optionVolume":208,"volumeOiRatio":0.006889,"netDeltaNormalized":0.409099,"dealerDeltaNormalized":-0.409099,"gexPer100kOi":2106372.395747,"vannaPer100kOi":977.112384,"charmPer100kOi":-52734.258554,"weekendDeltaShiftPer100kOi":-158199.463416,"ivSurfaceRangePp":60.1,"gammaFlipDistancePct":-64.78131,"maxPainDistancePct":-25.346917,"peakCallDistancePct":31.740734,"peakPutDistancePct":-25.346917},"complete_analysis_url":"https://halfonadouble.com/api/v1/analysis/TVTX.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":[],"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."}