# CHWY: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 18.17 |
| Delta neutral (USD/share) | 19.27 |
| Gamma neutral (USD/share) | 19.31 |
| Gamma max (USD/share) | 24.01 |
| Open interest (contracts) | 230,902 |
| Nearest-expiration max pain (USD/share) | 19.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 20.00 |
| Net gamma exposure | -5,429,530 |
| Confirmed GEX flip (USD/share) | 19.31 |
| Call wall (USD/share) | 20.00 |
| Put wall (USD/share) | 17.50 |
| Put/call open-interest ratio | 0.82 |
| Options catalyst-intensity score (0–100) | 55.0 |
| Options directional score (-100 to +100) | -21.9 |
| IV rank | 97.5 |
| Front ATM IV | +45.6% |
| Front-minus-back IV | -0.7 pp |
| Front expected move | +6.3% |
| Front ATM straddle / spot | +4.5% |
| Front 25-delta risk reversal | 2.9 pp |
| Call OI change, 1 session | -2,462 contracts · -1.9% |
| Put OI change, 1 session | -7,436 contracts · -6.7% |
| Call minus put OI growth, 1 session | +4.8 pp |
| Call OI change, 5 sessions | +9,893 contracts · +8.5% |
| Put OI change, 5 sessions | +16,751 contracts · +19.2% |
| Call minus put OI growth, 5 sessions | -10.7 pp |
| Daily call OI change surprise | -0.21σ (252 prior changes) |
| Daily put OI change surprise | -0.90σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.89σ (252 prior changes) |
| Daily open interest change (contracts) | -9,898 |
| Daily open interest change z-score (prior 252) | -0.52σ (252 prior changes) |
| Gamma max distance from close | +32.1% |
| Delta neutral distance from close | +6.0% |
| Prior-year sessions closer to gamma max | 95.2% of 252 |
| Prior-year sessions closer to delta neutral | 68.3% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 24 | -0.5% | -2.3% to +2.0% | 42% | -2.1% to +1.9% | 0.0% |
| above | Day +3 | 24 | +0.9% | -3.0% to +3.0% | 54% | -2.6% to +2.4% | 0.0% |
| above | Day +5 | 24 | -1.2% | -5.7% to +3.5% | 42% | -5.0% to +3.1% | 0.0% |
| above | Day +10 | 24 | -2.2% | -10.5% to +2.8% | 38% | -8.4% to +1.3% | 0.0% |
| below | Day +1 | 24 | -1.0% | -2.6% to +2.4% | 42% | -2.2% to +2.2% | 0.0% |
| below | Day +3 | 24 | +0.1% | -4.6% to +2.0% | 50% | -3.4% to +1.7% | 0.0% |
| below | Day +5 | 24 | -0.1% | -7.6% to +4.7% | 50% | -7.4% to +3.4% | 0.0% |
| below | Day +10 | 24 | -4.7% | -8.9% to +2.3% | 33% | -8.4% to +0.1% | 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/CHWY.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/CHWY.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/CHWY.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).