# CBRS: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 166.43 |
| Delta neutral (USD/share) | 173.83 |
| Gamma neutral (USD/share) | 167.87 |
| Gamma max (USD/share) | 201.67 |
| Open interest (contracts) | 246,020 |
| Nearest-expiration max pain (USD/share) | 177.50 (2026-10-09) |
| All-expiration max pain (USD/share) | 185.00 |
| Net gamma exposure | -609,340 |
| Confirmed GEX flip (USD/share) | 167.87 |
| Call wall (USD/share) | 180.00 |
| Put wall (USD/share) | 170.00 |
| Put/call open-interest ratio | 0.90 |
| Options catalyst-intensity score (0–100) | 63.9 |
| Options directional score (-100 to +100) | 5.0 |
| IV rank | 72.2 |
| Front ATM IV | +71.4% |
| Front-minus-back IV | -3.2 pp |
| Front expected move | +9.9% |
| Front ATM straddle / spot | +7.3% |
| Front 25-delta risk reversal | -8.4 pp |
| Call OI change, 1 session | -14,917 contracts · -10.3% |
| Put OI change, 1 session | -8,256 contracts · -6.6% |
| Call minus put OI growth, 1 session | -3.7 pp |
| Call OI change, 5 sessions | +37,604 contracts · +40.8% |
| Put OI change, 5 sessions | +7,764 contracts · +7.2% |
| Call minus put OI growth, 5 sessions | +33.6 pp |
| Daily call OI change surprise | — (73 prior changes) |
| Daily put OI change surprise | — (73 prior changes) |
| Daily call-minus-put growth surprise | — (73 prior changes) |
| Daily open interest change (contracts) | -23,173 |
| Daily open interest change z-score (prior 252) | — |
| Gamma max distance from close | +21.2% |
| Delta neutral distance from close | +4.4% |
| Prior-year sessions closer to gamma max | 37.8% of 74 |
| Prior-year sessions closer to delta neutral | 36.5% of 74 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 0 | – | – to – | — | — | – |
| above | Day +3 | 0 | – | – to – | — | — | – |
| above | Day +5 | 0 | – | – to – | — | — | – |
| above | Day +10 | 0 | – | – to – | — | — | – |
| below | Day +1 | 1 | +0.4% | +0.4% to +0.4% | 100% | — | – |
| below | Day +3 | 1 | -13.2% | -13.2% to -13.2% | 0% | — | – |
| below | Day +5 | 1 | -17.8% | -17.8% to -17.8% | 0% | — | – |
| below | Day +10 | 1 | -16.7% | -16.7% to -16.7% | 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/CBRS.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/CBRS.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/CBRS.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).