{"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/VAL","markdown_url":null,"history_url":"https://halfonadouble.com/api/v1/history/VAL.csv","advanced_analysis_url":"https://halfonadouble.com/api/v1/analysis/VAL.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":"VAL","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":78.38999938964844,"previous_close":79.55999755859375,"delta_neutral":60.73322462355706,"gamma_neutral":48.77169157587282,"gamma_max":79.38079187750999,"total_open_interest":37679,"previous_open_interest":37668,"listed_contracts":281,"listed_calls":196,"listed_puts":157,"gamma_max_distance_pct":1.2639271534327767,"delta_neutral_distance_pct":-22.524269554239844,"gamma_neutral_distance_pct":-37.78327343332876,"open_interest_change_1d_pct":0.02920250610597855,"call_open_interest":28268,"put_open_interest":9411,"put_call_open_interest_ratio":0.33292061695203057,"nearest_expiration_max_pain":85,"nearest_expiration_max_pain_expiry":"2026-10-16","nearest_expiration_max_pain_distance_pct":8.432198828699605,"all_expiration_max_pain":57.5,"net_gamma_exposure":2631838.4773113136,"net_gamma_exposure_per_100k_open_interest":6984894.708753718,"gamma_exposure_flip":48.77169157587282,"gamma_exposure_flip_distance_pct":-37.78327343332876,"call_wall":85,"call_wall_distance_pct":8.432198828699605,"put_wall":75,"put_wall_distance_pct":-4.324530445265054,"gamma_max_cross_direction":null,"delta_neutral_cross_direction":null,"open_interest_rank":1159},"history_summary":null,"advanced_options":{"data_through":"2026-10-02","analysis_coverage":1,"catalyst_score":null,"directional_score":null,"catalyst_reasons":[],"features":{"symbol":"VAL","price":78.39,"totalOi":37679,"analysisCoverage":1,"avgIvPct":63.9,"ivRank":30.1,"iv52wHighPct":77.6,"iv52wLowPct":58,"frontDte":14,"frontAtmIvPct":45.852,"backAtmIvPct":50.1096,"termPremiumPp":-4.2576,"expectedMoveFrontPct":8.98,"straddleFrontPct":18.18,"straddle30dPct":18.18,"riskReversalFrontPp":-1.37,"riskReversal30dPp":-1.37,"butterflyFrontPp":-0.75,"butterfly30dPp":-0.75,"putCallOiRatio":0.333,"putCallOiFrontRatio":0.446,"putCallVolumeFrontRatio":0,"optionVolume":26,"volumeOiRatio":0.00069,"netDeltaNormalized":0.281122,"dealerDeltaNormalized":-0.26685,"gexPer100kOi":5767945.248016,"vannaPer100kOi":1810.026805,"charmPer100kOi":-101974.574697,"weekendDeltaShiftPer100kOi":-305926.378089,"ivSurfaceRangePp":31.8,"gammaFlipDistancePct":-18.40796,"maxPainDistancePct":-26.648807,"peakCallDistancePct":-52.162266,"peakPutDistancePct":-10.702896},"complete_analysis_url":"https://halfonadouble.com/api/v1/analysis/VAL.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."}