# CCL: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 25.76 |
| Delta neutral (USD/share) | 25.22 |
| Gamma neutral (USD/share) | 25.81 |
| Gamma max (USD/share) | 33.95 |
| Open interest (contracts) | 1,010,048 |
| Nearest-expiration max pain (USD/share) | 23.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 25.00 |
| Net gamma exposure | -227,999 |
| Confirmed GEX flip (USD/share) | 25.81 |
| Call wall (USD/share) | 25.00 |
| Put wall (USD/share) | 25.00 |
| Put/call open-interest ratio | 1.15 |
| Options catalyst-intensity score (0–100) | 51.0 |
| Options directional score (-100 to +100) | -7.3 |
| IV rank | 49.1 |
| Front ATM IV | +37.7% |
| Front-minus-back IV | -1.0 pp |
| Front expected move | +5.2% |
| Front ATM straddle / spot | +3.7% |
| Front 25-delta risk reversal | -3.6 pp |
| Call OI change, 1 session | -46,495 contracts · -9.0% |
| Put OI change, 1 session | -34,203 contracts · -5.9% |
| Call minus put OI growth, 1 session | -3.1 pp |
| Call OI change, 5 sessions | +26,657 contracts · +6.0% |
| Put OI change, 5 sessions | +29,886 contracts · +5.8% |
| Call minus put OI growth, 5 sessions | +0.2 pp |
| Daily call OI change surprise | -1.47σ (252 prior changes) |
| Daily put OI change surprise | -1.04σ (252 prior changes) |
| Daily call-minus-put growth surprise | -1.16σ (252 prior changes) |
| Daily open interest change (contracts) | -80,698 |
| Daily open interest change z-score (prior 252) | -1.29σ (252 prior changes) |
| Gamma max distance from close | +31.8% |
| Delta neutral distance from close | -2.1% |
| Prior-year sessions closer to gamma max | 85.3% of 252 |
| Prior-year sessions closer to delta neutral | 28.6% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 17 | -0.9% | -3.2% to +1.8% | 41% | -3.2% to +1.8% | 0.0% |
| above | Day +3 | 17 | +0.0% | -2.3% to +6.5% | 53% | -2.3% to +6.5% | 0.0% |
| above | Day +5 | 17 | +1.3% | -2.4% to +6.1% | 59% | -2.4% to +6.1% | 0.0% |
| above | Day +10 | 17 | +2.7% | -4.9% to +4.7% | 59% | -4.9% to +4.7% | 0.0% |
| below | Day +1 | 16 | +0.3% | -1.1% to +3.2% | 50% | -1.1% to +3.2% | 0.0% |
| below | Day +3 | 16 | +0.2% | -1.3% to +3.1% | 50% | -1.1% to +2.5% | 0.0% |
| below | Day +5 | 16 | +0.6% | -3.7% to +4.3% | 63% | -3.3% to +4.3% | 0.0% |
| below | Day +10 | 16 | +2.0% | -5.3% to +5.1% | 63% | -5.2% to +4.2% | 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/CCL.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/CCL.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/CCL.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).