# AEO: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 17.71 |
| Delta neutral (USD/share) | 15.15 |
| Gamma neutral (USD/share) | 12.62 |
| Gamma max (USD/share) | 17.72 |
| Open interest (contracts) | 120,391 |
| Nearest-expiration max pain (USD/share) | 16.50 (2026-10-09) |
| All-expiration max pain (USD/share) | 15.00 |
| Net gamma exposure | 4,718,458 |
| Confirmed GEX flip (USD/share) | 12.62 |
| Call wall (USD/share) | 15.00 |
| Put wall (USD/share) | 17.00 |
| Put/call open-interest ratio | 0.76 |
| Options catalyst-intensity score (0–100) | 61.8 |
| Options directional score (-100 to +100) | -22.6 |
| IV rank | 96.9 |
| Front ATM IV | +46.8% |
| Front-minus-back IV | 1.0 pp |
| Front expected move | +6.5% |
| Front ATM straddle / spot | +4.5% |
| Front 25-delta risk reversal | 7.7 pp |
| Call OI change, 1 session | -3,567 contracts · -4.9% |
| Put OI change, 1 session | -2,709 contracts · -5.0% |
| Call minus put OI growth, 1 session | +0.0 pp |
| Call OI change, 5 sessions | +1,556 contracts · +2.3% |
| Put OI change, 5 sessions | +856 contracts · +1.7% |
| Call minus put OI growth, 5 sessions | +0.6 pp |
| Daily call OI change surprise | -0.44σ (252 prior changes) |
| Daily put OI change surprise | -0.40σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.01σ (252 prior changes) |
| Daily open interest change (contracts) | -6,276 |
| Daily open interest change z-score (prior 252) | -0.46σ (252 prior changes) |
| Gamma max distance from close | +0.1% |
| Delta neutral distance from close | -14.4% |
| Prior-year sessions closer to gamma max | 0.8% of 252 |
| Prior-year sessions closer to delta neutral | 91.7% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 37 | +0.4% | -1.7% to +1.9% | 59% | 0.0% to +1.3% | 0.0% |
| above | Day +3 | 37 | +0.7% | -2.9% to +3.5% | 57% | -0.7% to +2.2% | 0.0% |
| above | Day +5 | 36 | +0.8% | -2.1% to +4.4% | 58% | -0.9% to +3.4% | 0.0% |
| above | Day +10 | 36 | +1.2% | -6.2% to +6.1% | 58% | -1.8% to +3.8% | 0.0% |
| below | Day +1 | 31 | +1.1% | -2.5% to +2.7% | 61% | -0.9% to +2.0% | 0.0% |
| below | Day +3 | 31 | +1.4% | -2.3% to +4.6% | 58% | -1.1% to +3.9% | 0.0% |
| below | Day +5 | 31 | +1.2% | -3.8% to +4.5% | 55% | -1.8% to +3.5% | 0.0% |
| below | Day +10 | 31 | -0.3% | -5.3% to +7.1% | 48% | -3.6% to +1.0% | 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/AEO.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/AEO.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/AEO.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).