# CDE: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 17.66 |
| Delta neutral (USD/share) | 15.56 |
| Gamma neutral (USD/share) | 10.24 |
| Gamma max (USD/share) | 21.40 |
| Open interest (contracts) | 427,498 |
| Nearest-expiration max pain (USD/share) | 19.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 17.50 |
| Net gamma exposure | 9,331,019 |
| Confirmed GEX flip (USD/share) | 10.24 |
| Call wall (USD/share) | 20.00 |
| Put wall (USD/share) | 17.50 |
| Put/call open-interest ratio | 0.39 |
| Options catalyst-intensity score (0–100) | 42.0 |
| Options directional score (-100 to +100) | 11.5 |
| IV rank | 100.0 |
| Front ATM IV | +56.1% |
| Front-minus-back IV | -5.5 pp |
| Front expected move | +7.8% |
| Front ATM straddle / spot | +5.8% |
| Front 25-delta risk reversal | -0.0 pp |
| Call OI change, 1 session | -3,146 contracts · -1.0% |
| Put OI change, 1 session | -3,819 contracts · -3.1% |
| Call minus put OI growth, 1 session | +2.1 pp |
| Call OI change, 5 sessions | +9,350 contracts · +3.1% |
| Put OI change, 5 sessions | +4,640 contracts · +4.1% |
| Call minus put OI growth, 5 sessions | -0.9 pp |
| Daily call OI change surprise | -0.22σ (252 prior changes) |
| Daily put OI change surprise | -0.54σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.65σ (252 prior changes) |
| Daily open interest change (contracts) | -6,965 |
| Daily open interest change z-score (prior 252) | -0.33σ (252 prior changes) |
| Gamma max distance from close | +21.2% |
| Delta neutral distance from close | -11.9% |
| Prior-year sessions closer to gamma max | 81.0% of 252 |
| Prior-year sessions closer to delta neutral | 11.9% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 64 | -0.6% | -2.8% to +2.2% | 42% | -1.1% to +0.9% | 0.0% |
| above | Day +3 | 64 | -0.6% | -5.0% to +4.6% | 45% | -3.1% to +1.6% | 0.0% |
| above | Day +5 | 64 | -1.6% | -9.9% to +4.7% | 47% | -5.8% to +2.2% | 0.0% |
| above | Day +10 | 64 | -3.5% | -10.8% to +6.0% | 39% | -6.3% to +0.7% | 0.0% |
| below | Day +1 | 64 | +0.1% | -2.7% to +2.0% | 50% | -1.2% to +0.7% | 0.0% |
| below | Day +3 | 64 | -2.0% | -5.7% to +2.8% | 38% | -3.8% to 0.0% | 0.0% |
| below | Day +5 | 64 | -1.6% | -8.2% to +3.2% | 42% | -5.2% to +0.7% | 0.0% |
| below | Day +10 | 64 | -3.9% | -10.6% to +2.7% | 30% | -7.1% to -1.3% | -1.3% |

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/CDE.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/CDE.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/CDE.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).