# BITX: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 19.92 |
| Delta neutral (USD/share) | 16.12 |
| Gamma neutral (USD/share) | 14.14 |
| Gamma max (USD/share) | 21.74 |
| Open interest (contracts) | 180,666 |
| Nearest-expiration max pain (USD/share) | 19.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 17.00 |
| Net gamma exposure | 4,770,693 |
| Confirmed GEX flip (USD/share) | 14.14 |
| Call wall (USD/share) | 20.00 |
| Put wall (USD/share) | 20.00 |
| Put/call open-interest ratio | 0.38 |
| Options catalyst-intensity score (0–100) | 47.3 |
| Options directional score (-100 to +100) | -0.8 |
| IV rank | 69.4 |
| Front ATM IV | +59.1% |
| Front-minus-back IV | -13.4 pp |
| Front expected move | +8.2% |
| Front ATM straddle / spot | +6.3% |
| Front 25-delta risk reversal | 3.1 pp |
| Call OI change, 1 session | -9,504 contracts · -6.8% |
| Put OI change, 1 session | -4,392 contracts · -8.1% |
| Call minus put OI growth, 1 session | +1.3 pp |
| Call OI change, 5 sessions | -1,442 contracts · -1.1% |
| Put OI change, 5 sessions | -1,751 contracts · -3.4% |
| Call minus put OI growth, 5 sessions | +2.3 pp |
| Daily call OI change surprise | -0.79σ (252 prior changes) |
| Daily put OI change surprise | -0.76σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.35σ (252 prior changes) |
| Daily open interest change (contracts) | -13,896 |
| Daily open interest change z-score (prior 252) | -0.80σ (252 prior changes) |
| Gamma max distance from close | +9.1% |
| Delta neutral distance from close | -19.1% |
| Prior-year sessions closer to gamma max | 34.1% of 252 |
| Prior-year sessions closer to delta neutral | 94.0% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 22 | +1.3% | -0.6% to +4.2% | 64% | -0.5% to +3.9% | 0.0% |
| above | Day +3 | 22 | +1.2% | -6.3% to +8.0% | 55% | -4.9% to +6.8% | 0.0% |
| above | Day +5 | 22 | +4.1% | -5.6% to +10.3% | 55% | -4.2% to +9.8% | 0.0% |
| above | Day +10 | 21 | +9.5% | -7.2% to +30.0% | 62% | -1.8% to +25.8% | 0.0% |
| below | Day +1 | 24 | -0.2% | -3.0% to +2.4% | 50% | -2.9% to +2.2% | 0.0% |
| below | Day +3 | 24 | -0.6% | -4.0% to +2.0% | 42% | -3.5% to +1.4% | 0.0% |
| below | Day +5 | 24 | -0.4% | -9.8% to +4.0% | 46% | -7.5% to +3.1% | 0.0% |
| below | Day +10 | 23 | -0.1% | -5.5% to +13.9% | 43% | -3.8% to +10.1% | 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/BITX.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/BITX.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/BITX.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).