{"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/XERS","markdown_url":null,"history_url":"https://halfonadouble.com/api/v1/history/XERS.csv","advanced_analysis_url":"https://halfonadouble.com/api/v1/analysis/XERS.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":"XERS","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":9.079999923706055,"previous_close":9.25,"delta_neutral":5.538802781468842,"gamma_neutral":3.0679021583089616,"gamma_max":8.068227628505934,"total_open_interest":17303,"previous_open_interest":17262,"listed_contracts":24,"listed_calls":23,"listed_puts":11,"gamma_max_distance_pct":-11.142866780853012,"delta_neutral_distance_pct":-38.999968854535545,"gamma_neutral_distance_pct":-66.21253101226041,"open_interest_change_1d_pct":0.23751593094658788,"call_open_interest":15337,"put_open_interest":1966,"put_call_open_interest_ratio":0.12818673795396754,"nearest_expiration_max_pain":2.5,"nearest_expiration_max_pain_expiry":"2026-10-16","nearest_expiration_max_pain_distance_pct":-72.46696012107883,"all_expiration_max_pain":5,"net_gamma_exposure":1185284.53503689,"net_gamma_exposure_per_100k_open_interest":6850167.803484309,"gamma_exposure_flip":3.0679021583089616,"gamma_exposure_flip_distance_pct":-66.21253101226041,"call_wall":10,"call_wall_distance_pct":10.132159515684688,"put_wall":7.5,"put_wall_distance_pct":-17.400880363236485,"gamma_max_cross_direction":null,"delta_neutral_cross_direction":null,"open_interest_rank":1684},"history_summary":null,"advanced_options":{"data_through":"2026-10-02","analysis_coverage":0.7778,"catalyst_score":null,"directional_score":null,"catalyst_reasons":[],"features":{"symbol":"XERS","price":9.08,"totalOi":17303,"analysisCoverage":0.7778,"avgIvPct":162.5,"ivRank":91.7,"iv52wHighPct":168.4,"iv52wLowPct":97.52,"frontDte":null,"frontAtmIvPct":null,"backAtmIvPct":null,"termPremiumPp":null,"expectedMoveFrontPct":null,"straddleFrontPct":null,"straddle30dPct":null,"riskReversalFrontPp":-55.42,"riskReversal30dPp":-55.42,"butterflyFrontPp":null,"butterfly30dPp":null,"putCallOiRatio":0.128,"putCallOiFrontRatio":0.123,"putCallVolumeFrontRatio":10.2,"optionVolume":115,"volumeOiRatio":0.006646,"netDeltaNormalized":0.4719,"dealerDeltaNormalized":-0.471873,"gexPer100kOi":628280.413801,"vannaPer100kOi":1658.671907,"charmPer100kOi":-1583713.806854,"weekendDeltaShiftPer100kOi":-4751147.199908,"ivSurfaceRangePp":118.8,"gammaFlipDistancePct":null,"maxPainDistancePct":-44.933921,"peakCallDistancePct":10.132159,"peakPutDistancePct":10.132159},"complete_analysis_url":"https://halfonadouble.com/api/v1/analysis/XERS.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."}