# AXP: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 302.78 |
| Delta neutral (USD/share) | 313.68 |
| Gamma neutral (USD/share) | 314.20 |
| Gamma max (USD/share) | 391.77 |
| Open interest (contracts) | 228,485 |
| Nearest-expiration max pain (USD/share) | 307.50 (2026-10-09) |
| All-expiration max pain (USD/share) | 320.00 |
| Net gamma exposure | -6,333,532 |
| Confirmed GEX flip (USD/share) | 314.20 |
| Call wall (USD/share) | 320.00 |
| Put wall (USD/share) | 300.00 |
| Put/call open-interest ratio | 0.64 |
| Options catalyst-intensity score (0–100) | 51.7 |
| Options directional score (-100 to +100) | -13.3 |
| IV rank | 100.0 |
| Front ATM IV | +27.0% |
| Front-minus-back IV | -1.8 pp |
| Front expected move | +3.7% |
| Front ATM straddle / spot | +2.6% |
| Front 25-delta risk reversal | 3.5 pp |
| Call OI change, 1 session | -6,015 contracts · -4.1% |
| Put OI change, 1 session | -2,917 contracts · -3.2% |
| Call minus put OI growth, 1 session | -1.0 pp |
| Call OI change, 5 sessions | -450 contracts · -0.3% |
| Put OI change, 5 sessions | +2,638 contracts · +3.1% |
| Call minus put OI growth, 5 sessions | -3.4 pp |
| Daily call OI change surprise | -0.83σ (252 prior changes) |
| Daily put OI change surprise | -0.45σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.21σ (252 prior changes) |
| Daily open interest change (contracts) | -8,932 |
| Daily open interest change z-score (prior 252) | -0.67σ (252 prior changes) |
| Gamma max distance from close | +29.4% |
| Delta neutral distance from close | +3.6% |
| Prior-year sessions closer to gamma max | 95.6% of 252 |
| Prior-year sessions closer to delta neutral | 38.1% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 13 | +0.2% | -0.6% to +0.9% | 54% | -0.6% to +0.9% | 0.0% |
| above | Day +3 | 13 | -0.3% | -1.1% to +0.2% | 31% | -1.1% to +0.2% | 0.0% |
| above | Day +5 | 13 | +0.1% | -1.3% to +2.1% | 54% | -1.3% to +2.1% | 0.0% |
| above | Day +10 | 13 | -1.0% | -2.5% to +4.7% | 46% | -2.5% to +4.7% | 0.0% |
| below | Day +1 | 13 | -0.3% | -1.3% to +0.3% | 38% | -1.3% to +0.3% | 0.0% |
| below | Day +3 | 13 | -1.8% | -3.3% to +0.3% | 38% | -3.3% to +0.3% | 0.0% |
| below | Day +5 | 13 | -1.6% | -3.0% to +2.2% | 46% | -3.0% to +2.2% | 0.0% |
| below | Day +10 | 13 | +1.2% | -1.5% to +4.3% | 54% | -1.5% to +4.3% | 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/AXP.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/AXP.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/AXP.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).