# AEM: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 183.69 |
| Delta neutral (USD/share) | 170.63 |
| Gamma neutral (USD/share) | 173.64 |
| Gamma max (USD/share) | 221.58 |
| Open interest (contracts) | 146,579 |
| Nearest-expiration max pain (USD/share) | 190.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 170.00 |
| Net gamma exposure | 1,367,483 |
| Confirmed GEX flip (USD/share) | 173.64 |
| Call wall (USD/share) | 200.00 |
| Put wall (USD/share) | 185.00 |
| Put/call open-interest ratio | 0.69 |
| Options catalyst-intensity score (0–100) | 42.9 |
| Options directional score (-100 to +100) | -5.5 |
| IV rank | 73.2 |
| Front ATM IV | +41.8% |
| Front-minus-back IV | -2.2 pp |
| Front expected move | +5.8% |
| Front ATM straddle / spot | +4.5% |
| Front 25-delta risk reversal | 0.7 pp |
| Call OI change, 1 session | -1,442 contracts · -1.6% |
| Put OI change, 1 session | -842 contracts · -1.4% |
| Call minus put OI growth, 1 session | -0.3 pp |
| Call OI change, 5 sessions | +6,984 contracts · +8.8% |
| Put OI change, 5 sessions | +2,179 contracts · +3.8% |
| Call minus put OI growth, 5 sessions | +5.0 pp |
| Daily call OI change surprise | -0.26σ (252 prior changes) |
| Daily put OI change surprise | -0.24σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.09σ (252 prior changes) |
| Daily open interest change (contracts) | -2,284 |
| Daily open interest change z-score (prior 252) | -0.26σ (252 prior changes) |
| Gamma max distance from close | +20.6% |
| Delta neutral distance from close | -7.1% |
| Prior-year sessions closer to gamma max | 78.6% of 252 |
| Prior-year sessions closer to delta neutral | 33.3% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 29 | +0.4% | -1.1% to +1.3% | 59% | -0.7% to +0.9% | 0.0% |
| above | Day +3 | 29 | +0.6% | -2.0% to +2.8% | 59% | -1.4% to +2.5% | 0.0% |
| above | Day +5 | 29 | +0.9% | -2.0% to +3.0% | 62% | -1.5% to +2.6% | 0.0% |
| above | Day +10 | 29 | +0.2% | -3.2% to +3.2% | 55% | -1.0% to +3.0% | 0.0% |
| below | Day +1 | 30 | -0.2% | -0.9% to +0.9% | 43% | -0.7% to +0.6% | 0.0% |
| below | Day +3 | 30 | -0.4% | -2.7% to +2.1% | 37% | -1.4% to +0.1% | 0.0% |
| below | Day +5 | 30 | -0.6% | -3.0% to +2.3% | 37% | -2.5% to +0.7% | 0.0% |
| below | Day +10 | 30 | +3.0% | -2.9% to +4.9% | 63% | -0.0% to +4.4% | 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/AEM.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/AEM.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/AEM.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).