# BTDR: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 11.02 |
| Delta neutral (USD/share) | 10.45 |
| Gamma neutral (USD/share) | 11.03 |
| Gamma max (USD/share) | 14.20 |
| Open interest (contracts) | 372,011 |
| Nearest-expiration max pain (USD/share) | 11.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 11.00 |
| Net gamma exposure | -36,567 |
| Confirmed GEX flip (USD/share) | 11.03 |
| Call wall (USD/share) | 15.00 |
| Put wall (USD/share) | 9.00 |
| Put/call open-interest ratio | 0.82 |
| Options catalyst-intensity score (0–100) | 51.5 |
| Options directional score (-100 to +100) | 0.7 |
| IV rank | 100.0 |
| Front ATM IV | +81.5% |
| Front-minus-back IV | -11.8 pp |
| Front expected move | +11.3% |
| Front ATM straddle / spot | +8.4% |
| Front 25-delta risk reversal | -3.5 pp |
| Call OI change, 1 session | -3,272 contracts · -1.6% |
| Put OI change, 1 session | -6,948 contracts · -4.0% |
| Call minus put OI growth, 1 session | +2.4 pp |
| Call OI change, 5 sessions | +8,421 contracts · +4.3% |
| Put OI change, 5 sessions | +13,821 contracts · +9.0% |
| Call minus put OI growth, 5 sessions | -4.7 pp |
| Daily call OI change surprise | -0.08σ (252 prior changes) |
| Daily put OI change surprise | -0.60σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.36σ (252 prior changes) |
| Daily open interest change (contracts) | -10,220 |
| Daily open interest change z-score (prior 252) | -0.21σ (252 prior changes) |
| Gamma max distance from close | +28.8% |
| Delta neutral distance from close | -5.1% |
| Prior-year sessions closer to gamma max | 73.8% of 252 |
| Prior-year sessions closer to delta neutral | 11.1% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 18 | -0.1% | -6.1% to +3.4% | 44% | -4.8% to +3.4% | 0.0% |
| above | Day +3 | 18 | +1.2% | -2.8% to +5.1% | 56% | -1.9% to +4.9% | 0.0% |
| above | Day +5 | 18 | +1.2% | -2.8% to +9.1% | 67% | -0.5% to +6.8% | 0.0% |
| above | Day +10 | 18 | +4.7% | -3.2% to +15.2% | 67% | -1.0% to +12.0% | 0.0% |
| below | Day +1 | 20 | +1.7% | -2.8% to +5.2% | 55% | -2.6% to +5.1% | 0.0% |
| below | Day +3 | 20 | +1.1% | -2.4% to +6.3% | 55% | -2.2% to +6.2% | 0.0% |
| below | Day +5 | 20 | +3.0% | -1.3% to +14.0% | 55% | -1.2% to +12.7% | 0.0% |
| below | Day +10 | 20 | +8.0% | -8.2% to +20.0% | 65% | -7.4% to +19.8% | 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/BTDR.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/BTDR.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/BTDR.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).