# BMY: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 61.15 |
| Delta neutral (USD/share) | 60.25 |
| Gamma neutral (USD/share) | 61.65 |
| Gamma max (USD/share) | 68.46 |
| Open interest (contracts) | 689,834 |
| Nearest-expiration max pain (USD/share) | 62.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 60.00 |
| Net gamma exposure | -3,827,722 |
| Confirmed GEX flip (USD/share) | 61.65 |
| Call wall (USD/share) | 65.00 |
| Put wall (USD/share) | 60.00 |
| Put/call open-interest ratio | 1.11 |
| Options catalyst-intensity score (0–100) | 52.1 |
| Options directional score (-100 to +100) | -8.0 |
| IV rank | 100.0 |
| Front ATM IV | +33.7% |
| Front-minus-back IV | -2.7 pp |
| Front expected move | +4.7% |
| Front ATM straddle / spot | +3.1% |
| Front 25-delta risk reversal | -3.2 pp |
| Call OI change, 1 session | -7,440 contracts · -2.2% |
| Put OI change, 1 session | +6,008 contracts · +1.7% |
| Call minus put OI growth, 1 session | -3.9 pp |
| Call OI change, 5 sessions | +13,894 contracts · +4.4% |
| Put OI change, 5 sessions | +26,176 contracts · +7.8% |
| Call minus put OI growth, 5 sessions | -3.3 pp |
| Daily call OI change surprise | -0.33σ (252 prior changes) |
| Daily put OI change surprise | +0.32σ (252 prior changes) |
| Daily call-minus-put growth surprise | -1.27σ (252 prior changes) |
| Daily open interest change (contracts) | -1,432 |
| Daily open interest change z-score (prior 252) | -0.04σ (252 prior changes) |
| Gamma max distance from close | +12.0% |
| Delta neutral distance from close | -1.5% |
| Prior-year sessions closer to gamma max | 92.5% of 252 |
| Prior-year sessions closer to delta neutral | 8.3% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 21 | -0.1% | -1.3% to +0.9% | 48% | -1.0% to +0.8% | 0.0% |
| above | Day +3 | 21 | +0.0% | -1.7% to +0.5% | 52% | -0.6% to +0.4% | 0.0% |
| above | Day +5 | 21 | -0.1% | -2.2% to +0.9% | 43% | -1.9% to +0.7% | 0.0% |
| above | Day +10 | 21 | -0.6% | -2.9% to +1.4% | 38% | -2.9% to +1.3% | 0.0% |
| below | Day +1 | 21 | +0.4% | -0.2% to +1.0% | 62% | -0.1% to +0.9% | 0.0% |
| below | Day +3 | 21 | +0.0% | -1.0% to +1.0% | 52% | -0.6% to +0.8% | 0.0% |
| below | Day +5 | 21 | -0.6% | -1.8% to +0.9% | 38% | -1.3% to +0.8% | 0.0% |
| below | Day +10 | 21 | -0.3% | -2.5% to +1.1% | 43% | -2.2% to +0.7% | 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/BMY.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/BMY.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/BMY.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).