# CIFR: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 15.71 |
| Delta neutral (USD/share) | 13.24 |
| Gamma neutral (USD/share) | 4.98 |
| Gamma max (USD/share) | 19.47 |
| Open interest (contracts) | 1,456,563 |
| Nearest-expiration max pain (USD/share) | 16.50 (2026-10-09) |
| All-expiration max pain (USD/share) | 16.00 |
| Net gamma exposure | 31,655,988 |
| Confirmed GEX flip (USD/share) | 4.98 |
| Call wall (USD/share) | 20.00 |
| Put wall (USD/share) | 15.00 |
| Put/call open-interest ratio | 0.39 |
| Options catalyst-intensity score (0–100) | 60.1 |
| Options directional score (-100 to +100) | 24.1 |
| IV rank | 27.8 |
| Front ATM IV | +93.4% |
| Front-minus-back IV | -5.1 pp |
| Front expected move | +12.9% |
| Front ATM straddle / spot | +9.0% |
| Front 25-delta risk reversal | -7.1 pp |
| Call OI change, 1 session | -35,463 contracts · -3.3% |
| Put OI change, 1 session | -55,497 contracts · -11.9% |
| Call minus put OI growth, 1 session | +8.6 pp |
| Call OI change, 5 sessions | +59,558 contracts · +6.0% |
| Put OI change, 5 sessions | -17,917 contracts · -4.2% |
| Call minus put OI growth, 5 sessions | +10.2 pp |
| Daily call OI change surprise | -0.64σ (252 prior changes) |
| Daily put OI change surprise | -1.75σ (252 prior changes) |
| Daily call-minus-put growth surprise | +2.05σ (252 prior changes) |
| Daily open interest change (contracts) | -90,960 |
| Daily open interest change z-score (prior 252) | -1.09σ (252 prior changes) |
| Gamma max distance from close | +24.0% |
| Delta neutral distance from close | -15.7% |
| Prior-year sessions closer to gamma max | 79.4% of 252 |
| Prior-year sessions closer to delta neutral | 13.9% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 31 | -0.6% | -3.1% to +2.2% | 45% | -2.2% to +1.7% | 0.0% |
| above | Day +3 | 31 | +0.6% | -6.4% to +11.9% | 52% | -4.6% to +6.6% | 0.0% |
| above | Day +5 | 31 | -1.0% | -11.4% to +14.7% | 48% | -5.7% to +5.2% | 0.0% |
| above | Day +10 | 31 | -6.3% | -17.0% to +28.5% | 48% | -9.5% to +14.2% | 0.0% |
| below | Day +1 | 44 | +0.1% | -2.7% to +2.9% | 50% | -1.3% to +1.7% | 0.0% |
| below | Day +3 | 44 | -2.0% | -8.1% to +7.4% | 45% | -6.6% to +5.4% | 0.0% |
| below | Day +5 | 44 | +2.4% | -11.3% to +10.3% | 57% | -1.7% to +6.6% | 0.0% |
| below | Day +10 | 44 | -0.3% | -15.9% to +15.6% | 45% | -7.1% to +3.4% | 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/CIFR.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/CIFR.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/CIFR.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).