# CLX: options-positioning snapshot

Canonical: https://halfonadouble.com/stock/CLX
Data through: 2026-11-13 close
Publisher: Half on a Double

| Published field | Value |
| --- | --- |
| Close (USD/share) | 109.46 |
| Delta neutral (USD/share) | 95.57 |
| Gamma neutral (USD/share) | 89.74 |
| Gamma max (USD/share) | 108.94 |
| Open interest (contracts) | 108,476 |
| Nearest-expiration max pain (USD/share) | 90.00 (2026-11-20) |
| All-expiration max pain (USD/share) | 90.00 |
| Net gamma exposure | 7,608,481 |
| Confirmed GEX flip (USD/share) | 89.74 |
| Call wall (USD/share) | 110.00 |
| Put wall (USD/share) | 100.00 |
| Put/call open-interest ratio | 0.78 |
| Net GEX sign history | positive for the last 20 sessions; negative on 55 of the past 252 |
| Max pain expiration record (past 252 sessions) | expiration close nearer the prior-session max pain on 2 of 12 expirations (17%); median distance 4.73% vs 1.11% for an unchanged prior close |
| Options catalyst-intensity score (0–100) | 46.1 |
| Options directional score (-100 to +100) | 2.9 |
| IV rank | 4.3 |
| Front-minus-back IV | 13.7 pp |
| Front 25-delta risk reversal | -1.0 pp |
| Call OI change, 1 session | +535 contracts · +0.9% |
| Put OI change, 1 session | +383 contracts · +0.8% |
| Call minus put OI growth, 1 session | +0.1 pp |
| Call OI change, 5 sessions | +9,148 contracts · +17.6% |
| Put OI change, 5 sessions | +4,138 contracts · +9.5% |
| Call minus put OI growth, 5 sessions | +8.1 pp |
| Daily call OI change surprise | +0.11σ (252 prior changes) |
| Daily put OI change surprise | +0.12σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.01σ (252 prior changes) |
| Daily open interest change (contracts) | 918 |
| Daily open interest change z-score (prior 252) | +0.12σ (252 prior changes) |
| Gamma max distance from close | -0.5% |
| Delta neutral distance from close | -12.7% |
| Prior-year sessions closer to gamma max | 4.4% of 252 |
| Prior-year sessions closer to delta neutral | 98.0% of 252 |

## Recent expirations vs max pain

| Expiration | Max pain (session before) | Prior close | Expiration close | Close vs max pain | Nearer |
| --- | ---: | ---: | ---: | ---: | --- |
| 2026-10-16 | 85.00 | 86.20 | 87.09 | +2.42% | Prior close |
| 2026-09-18 | 90.00 | 85.00 | 83.10 | -8.12% | Prior close |
| 2026-08-21 | 105.00 | 106.04 | 106.69 | +1.59% | Prior close |
| 2026-07-17 | 95.00 | 98.71 | 96.32 | +1.34% | Max pain |
| 2026-06-18 | 90.00 | 94.94 | 95.97 | +6.29% | Prior close |
| 2026-05-15 | 95.00 | 91.17 | 90.45 | -4.99% | Prior close |
| 2026-04-17 | 105.00 | 102.38 | 104.58 | -0.41% | Max pain |
| 2026-03-20 | 115.00 | 106.62 | 106.15 | -8.30% | Prior close |
| 2026-02-20 | 110.00 | 122.22 | 123.60 | +11.13% | Prior close |
| 2026-01-16 | 105.00 | 111.23 | 109.98 | +4.48% | Prior close |

Each expiration compares the last session before it, when it was the nearest expiration, with the expiration-session close; distances are percentages of that prior close. Underlying closes are not option settlement values. Descriptive history, not a forecast.

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 15 | +0.5% | -1.9% to +1.1% | 53% | -2.3% to +1.2% | 0.0% |
| above | Day +3 | 14 | -0.9% | -3.5% to +0.7% | 43% | -3.9% to +0.7% | 0.0% |
| above | Day +5 | 14 | -2.6% | -3.9% to +2.1% | 36% | -4.0% to +2.5% | 0.0% |
| above | Day +10 | 13 | -2.5% | -4.9% to -0.7% | 23% | -4.9% to -0.7% | -0.7% |
| below | Day +1 | 16 | -0.3% | -0.9% to +0.9% | 44% | -0.8% to +0.7% | 0.0% |
| below | Day +3 | 15 | -0.9% | -3.6% to +0.1% | 40% | -4.7% to +0.2% | 0.0% |
| below | Day +5 | 15 | -1.0% | -5.3% to +0.4% | 40% | -5.6% to +0.6% | 0.0% |
| below | Day +10 | 15 | -2.9% | -7.8% to -0.5% | 27% | -8.3% to +0.2% | 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/CLX.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/CLX.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/CLX.json?date=2026-11-13&public_schema=5)

An em dash means unavailable, not zero. Values use the same display rounding as the HTML page. This is a current snapshot; the 60-session close-versus-max-pain chart, full history and individual event paths are on the canonical page.

[Definitions and limitations](https://halfonadouble.com/methodology.md).