# AES: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 14.91 |
| Delta neutral (USD/share) | 14.17 |
| Gamma neutral (USD/share) | 11.19 |
| Gamma max (USD/share) | 15.00 |
| Open interest (contracts) | 175,496 |
| Nearest-expiration max pain (USD/share) | 15.00 (2026-10-16) |
| All-expiration max pain (USD/share) | 15.00 |
| Net gamma exposure | 7,688,103 |
| Confirmed GEX flip (USD/share) | 11.19 |
| Call wall (USD/share) | 15.00 |
| Put wall (USD/share) | 15.00 |
| Put/call open-interest ratio | 1.07 |
| Options catalyst-intensity score (0–100) | 29.3 |
| Options directional score (-100 to +100) | -36.4 |
| IV rank | 4.6 |
| Front ATM IV | +4.0% |
| Front-minus-back IV | -13.7 pp |
| Front expected move | +0.8% |
| Front ATM straddle / spot | +2.4% |
| Front 25-delta risk reversal | 18.3 pp |
| Call OI change, 1 session | +582 contracts · +0.7% |
| Put OI change, 1 session | +32 contracts · +0.0% |
| Call minus put OI growth, 1 session | +0.7 pp |
| Call OI change, 5 sessions | +625 contracts · +0.7% |
| Put OI change, 5 sessions | +639 contracts · +0.7% |
| Call minus put OI growth, 5 sessions | +0.0 pp |
| Daily call OI change surprise | +0.09σ (252 prior changes) |
| Daily put OI change surprise | +0.06σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.15σ (252 prior changes) |
| Daily open interest change (contracts) | 614 |
| Daily open interest change z-score (prior 252) | +0.08σ (252 prior changes) |
| Gamma max distance from close | +0.6% |
| Delta neutral distance from close | -4.9% |
| Prior-year sessions closer to gamma max | 2.0% of 252 |
| Prior-year sessions closer to delta neutral | 58.3% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 38 | +0.0% | -1.2% to +1.2% | 50% | -0.9% to +0.7% | 0.0% |
| above | Day +3 | 38 | -0.2% | -1.3% to +2.2% | 47% | -0.9% to +1.2% | 0.0% |
| above | Day +5 | 38 | -0.1% | -3.4% to +2.7% | 47% | -1.3% to +1.4% | 0.0% |
| above | Day +10 | 38 | -1.2% | -7.0% to +5.0% | 42% | -4.8% to +2.2% | 0.0% |
| below | Day +1 | 35 | +0.4% | -0.8% to +1.0% | 60% | -0.5% to +0.8% | 0.0% |
| below | Day +3 | 35 | -0.7% | -4.4% to +2.4% | 43% | -2.4% to +1.0% | 0.0% |
| below | Day +5 | 35 | -2.0% | -7.3% to +2.2% | 37% | -4.2% to +1.4% | 0.0% |
| below | Day +10 | 35 | -4.1% | -7.8% to +1.6% | 31% | -6.9% to -1.6% | -1.6% |

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/AES.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/AES.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/AES.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).