{"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/TWLO","markdown_url":null,"history_url":"https://halfonadouble.com/api/v1/history/TWLO.csv","advanced_analysis_url":"https://halfonadouble.com/api/v1/analysis/TWLO.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":"TWLO","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":294.5799865722656,"previous_close":301.2699890136719,"delta_neutral":259.8560539424034,"gamma_neutral":272.9432221077732,"gamma_max":320.5879859367191,"total_open_interest":77776,"previous_open_interest":84865,"listed_contracts":844,"listed_calls":603,"listed_puts":533,"gamma_max_distance_pct":8.828841248546015,"delta_neutral_distance_pct":-11.787607513297193,"gamma_neutral_distance_pct":-7.344953985590792,"open_interest_change_1d_pct":-8.35326695339657,"call_open_interest":44432,"put_open_interest":33344,"put_call_open_interest_ratio":0.7504501260352899,"nearest_expiration_max_pain":290,"nearest_expiration_max_pain_expiry":"2026-10-09","nearest_expiration_max_pain_distance_pct":-1.5547514362935426,"all_expiration_max_pain":210,"net_gamma_exposure":1243355.4844693933,"net_gamma_exposure_per_100k_open_interest":1598636.448865194,"gamma_exposure_flip":272.9432221077732,"gamma_exposure_flip_distance_pct":-7.344953985590792,"call_wall":310,"call_wall_distance_pct":5.234576050858627,"put_wall":280,"put_wall_distance_pct":-4.949415179869628,"gamma_max_cross_direction":null,"delta_neutral_cross_direction":null,"open_interest_rank":760},"history_summary":null,"advanced_options":{"data_through":"2026-10-02","analysis_coverage":1,"catalyst_score":null,"directional_score":null,"catalyst_reasons":[],"features":{"symbol":"TWLO","price":294.58,"totalOi":87457,"analysisCoverage":1,"avgIvPct":154.7,"ivRank":64.1,"iv52wHighPct":202.5,"iv52wLowPct":69.3,"frontDte":7,"frontAtmIvPct":58.9234,"backAtmIvPct":72.8718,"termPremiumPp":-13.9484,"expectedMoveFrontPct":8.16,"straddleFrontPct":6.18,"straddle30dPct":16.02,"riskReversalFrontPp":-1.92,"riskReversal30dPp":3.59,"butterflyFrontPp":-3.03,"butterfly30dPp":1.17,"putCallOiRatio":0.781,"putCallOiFrontRatio":1.86,"putCallVolumeFrontRatio":1.147,"optionVolume":8623,"volumeOiRatio":0.098597,"netDeltaNormalized":0.306629,"dealerDeltaNormalized":-0.296251,"gexPer100kOi":-33654647.643985,"vannaPer100kOi":-289.28502,"charmPer100kOi":-3781626.399259,"weekendDeltaShiftPer100kOi":-11344880.341196,"ivSurfaceRangePp":93,"gammaFlipDistancePct":-29.068504,"maxPainDistancePct":-25.317401,"peakCallDistancePct":2.688574,"peakPutDistancePct":-1.554756},"complete_analysis_url":"https://halfonadouble.com/api/v1/analysis/TWLO.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."}