# CART: options-positioning snapshot

Canonical: https://halfonadouble.com/stock/CART
Data through: 2026-11-13 close
Publisher: Half on a Double

| Published field | Value |
| --- | --- |
| Close (USD/share) | 58.87 |
| Delta neutral (USD/share) | 54.92 |
| Gamma neutral (USD/share) | 54.30 |
| Gamma max (USD/share) | 59.80 |
| Open interest (contracts) | 156,255 |
| Nearest-expiration max pain (USD/share) | 55.00 (2026-11-20) |
| All-expiration max pain (USD/share) | 55.00 |
| Net gamma exposure | 38,021,563 |
| Confirmed GEX flip (USD/share) | 54.30 |
| Call wall (USD/share) | 60.00 |
| Put wall (USD/share) | 55.00 |
| Put/call open-interest ratio | 0.64 |
| Net GEX sign history | positive for the last 80 sessions; negative on 1 of the past 252 |
| Max pain expiration record (past 252 sessions) | expiration close nearer the prior-session max pain on 8 of 53 expirations (15%); median distance 6.33% vs 1.38% for an unchanged prior close |
| Options catalyst-intensity score (0–100) | 60.3 |
| Options directional score (-100 to +100) | 20.3 |
| IV rank | 36.5 |
| Front-minus-back IV | 18.9 pp |
| Front 25-delta risk reversal | -30.7 pp |
| Call OI change, 1 session | -1,312 contracts · -1.4% |
| Put OI change, 1 session | +79 contracts · +0.1% |
| Call minus put OI growth, 1 session | -1.5 pp |
| Call OI change, 5 sessions | +602 contracts · +0.6% |
| Put OI change, 5 sessions | +1,097 contracts · +1.8% |
| Call minus put OI growth, 5 sessions | -1.2 pp |
| Daily call OI change surprise | -0.23σ (252 prior changes) |
| Daily put OI change surprise | +0.04σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.21σ (252 prior changes) |
| Daily open interest change (contracts) | -1,233 |
| Daily open interest change z-score (prior 252) | -0.14σ (252 prior changes) |
| Gamma max distance from close | +1.6% |
| Delta neutral distance from close | -6.7% |
| Prior-year sessions closer to gamma max | 9.5% of 252 |
| Prior-year sessions closer to delta neutral | 46.0% of 252 |

## Recent expirations vs max pain

| Expiration | Max pain (session before) | Prior close | Expiration close | Close vs max pain | Nearer |
| --- | ---: | ---: | ---: | ---: | --- |
| 2026-11-13 | 52.00 | 58.48 | 58.87 | +11.75% | Prior close |
| 2026-11-06 | 54.00 | 57.79 | 58.12 | +7.13% | Prior close |
| 2026-10-30 | 56.00 | 57.11 | 56.45 | +0.79% | Max pain |
| 2026-10-23 | 45.00 | 51.68 | 56.44 | +22.14% | Prior close |
| 2026-10-16 | 45.00 | 51.13 | 49.83 | +9.45% | Prior close |
| 2026-10-09 | 43.00 | 46.30 | 47.76 | +10.28% | Prior close |
| 2026-10-02 | 38.50 | 44.11 | 44.25 | +13.04% | Prior close |
| 2026-09-25 | 44.50 | 43.26 | 43.19 | -3.03% | Prior close |
| 2026-09-18 | 46.00 | 45.43 | 45.37 | -1.39% | Prior close |
| 2026-09-11 | 45.00 | 47.24 | 48.73 | +7.90% | Prior close |

Each expiration compares the last session before it, when it was the nearest expiration, with the expiration-session close; distances are percentages of that prior close. Underlying closes are not option settlement values. Descriptive history, not a forecast.

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 24 | -0.0% | -1.4% to +1.9% | 50% | -1.2% to +1.8% | 0.0% |
| above | Day +3 | 24 | +2.0% | -1.2% to +3.1% | 58% | -0.7% to +2.2% | 0.0% |
| above | Day +5 | 24 | +0.0% | -1.5% to +4.0% | 54% | -1.4% to +2.4% | 0.0% |
| above | Day +10 | 24 | +3.9% | -2.1% to +9.7% | 71% | +1.7% to +8.0% | +1.7% |
| below | Day +1 | 26 | +0.3% | -1.1% to +2.2% | 69% | +0.0% to +1.6% | +0.0% |
| below | Day +3 | 26 | +1.4% | -1.5% to +2.9% | 62% | -1.0% to +2.6% | 0.0% |
| below | Day +5 | 26 | +1.6% | -1.3% to +5.2% | 69% | +0.2% to +5.0% | +0.2% |
| below | Day +10 | 26 | +3.1% | +1.3% to +6.3% | 81% | +2.4% to +5.0% | +2.4% |

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/CART.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/CART.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/CART.json?date=2026-11-13&public_schema=5)

An em dash means unavailable, not zero. Values use the same display rounding as the HTML page. This is a current snapshot; the 60-session close-versus-max-pain chart, full history and individual event paths are on the canonical page.

[Definitions and limitations](https://halfonadouble.com/methodology.md).