# ADI: options-positioning snapshot

Canonical: https://halfonadouble.com/stock/ADI
Data through: 2026-10-02 close
Publisher: Half on a Double

| Published field | Value |
| --- | --- |
| Close (USD/share) | 417.15 |
| Delta neutral (USD/share) | 348.85 |
| Gamma neutral (USD/share) | 310.35 |
| Gamma max (USD/share) | 410.16 |
| Open interest (contracts) | 106,775 |
| Nearest-expiration max pain (USD/share) | 375.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 370.00 |
| Net gamma exposure | 10,979,909 |
| Confirmed GEX flip (USD/share) | 310.35 |
| Call wall (USD/share) | 420.00 |
| Put wall (USD/share) | 400.00 |
| Put/call open-interest ratio | 0.44 |
| Options catalyst-intensity score (0–100) | 60.3 |
| Options directional score (-100 to +100) | -14.4 |
| IV rank | 95.0 |
| Front ATM IV | +36.8% |
| Front-minus-back IV | -1.8 pp |
| Front expected move | +5.1% |
| Front ATM straddle / spot | +5.5% |
| Front 25-delta risk reversal | 22.6 pp |
| Call OI change, 1 session | -4,011 contracts · -5.1% |
| Put OI change, 1 session | -6,541 contracts · -16.8% |
| Call minus put OI growth, 1 session | +11.6 pp |
| Call OI change, 5 sessions | -359 contracts · -0.5% |
| Put OI change, 5 sessions | +1,965 contracts · +6.4% |
| Call minus put OI growth, 5 sessions | -6.9 pp |
| Daily call OI change surprise | -0.92σ (252 prior changes) |
| Daily put OI change surprise | -1.41σ (252 prior changes) |
| Daily call-minus-put growth surprise | +2.10σ (252 prior changes) |
| Daily open interest change (contracts) | -10,552 |
| Daily open interest change z-score (prior 252) | -1.22σ (252 prior changes) |
| Gamma max distance from close | -1.7% |
| Delta neutral distance from close | -16.4% |
| Prior-year sessions closer to gamma max | 18.7% of 252 |
| Prior-year sessions closer to delta neutral | 100.0% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 28 | -0.3% | -1.3% to +0.6% | 39% | -1.1% to +0.4% | 0.0% |
| above | Day +3 | 27 | -1.2% | -3.4% to +0.8% | 37% | -3.2% to +0.6% | 0.0% |
| above | Day +5 | 27 | -0.6% | -3.5% to +1.1% | 44% | -3.3% to +1.0% | 0.0% |
| above | Day +10 | 27 | -1.4% | -3.7% to +2.1% | 41% | -3.5% to +1.8% | 0.0% |
| below | Day +1 | 27 | +0.1% | -0.9% to +1.3% | 52% | -0.7% to +0.8% | 0.0% |
| below | Day +3 | 27 | -0.8% | -2.8% to +2.3% | 48% | -2.2% to +1.5% | 0.0% |
| below | Day +5 | 27 | +0.4% | -3.0% to +2.3% | 52% | -2.0% to +1.7% | 0.0% |
| below | Day +10 | 27 | -2.0% | -3.9% to +5.2% | 41% | -3.9% to +4.2% | 0.0% |

Returns are close-to-close after the labelled number of subsequent trading sessions. Cohorts require gamma max to be within 10% of the close on both crossing sessions. Historical windows can overlap and are not independent observations, so interval coverage is not guaranteed.

- [Machine-readable snapshot](https://halfonadouble.com/api/v1/tickers/ADI.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/ADI.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/ADI.json?date=2026-10-02)

An em dash means unavailable, not zero. Values use the same display rounding as the HTML page. This is a current snapshot; full history and individual event paths are on the canonical page.

[Definitions and limitations](https://halfonadouble.com/methodology.md).