# CMG: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 32.42 |
| Delta neutral (USD/share) | 32.50 |
| Gamma neutral (USD/share) | 31.57 |
| Gamma max (USD/share) | 34.47 |
| Open interest (contracts) | 729,276 |
| Nearest-expiration max pain (USD/share) | 32.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 33.20 |
| Net gamma exposure | 14,569,185 |
| Confirmed GEX flip (USD/share) | 31.57 |
| Call wall (USD/share) | 33.00 |
| Put wall (USD/share) | 28.00 |
| Put/call open-interest ratio | 0.76 |
| Options catalyst-intensity score (0–100) | 54.7 |
| Options directional score (-100 to +100) | 20.8 |
| IV rank | 88.1 |
| Front ATM IV | +42.0% |
| Front-minus-back IV | -3.6 pp |
| Front expected move | +5.8% |
| Front ATM straddle / spot | +4.5% |
| Front 25-delta risk reversal | -219.4 pp |
| Call OI change, 1 session | -25,254 contracts · -5.7% |
| Put OI change, 1 session | -8,056 contracts · -2.5% |
| Call minus put OI growth, 1 session | -3.2 pp |
| Call OI change, 5 sessions | +74,294 contracts · +21.8% |
| Put OI change, 5 sessions | +21,499 contracts · +7.3% |
| Call minus put OI growth, 5 sessions | +14.5 pp |
| Daily call OI change surprise | -0.72σ (252 prior changes) |
| Daily put OI change surprise | -0.22σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.67σ (252 prior changes) |
| Daily open interest change (contracts) | -33,310 |
| Daily open interest change z-score (prior 252) | -0.50σ (252 prior changes) |
| Gamma max distance from close | +6.3% |
| Delta neutral distance from close | +0.3% |
| Prior-year sessions closer to gamma max | 10.3% of 252 |
| Prior-year sessions closer to delta neutral | 4.8% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 11 | +0.3% | -0.5% to +1.1% | 73% | -1.3% to +1.3% | 0.0% |
| above | Day +3 | 11 | +1.3% | -1.4% to +1.5% | 64% | -2.2% to +1.6% | 0.0% |
| above | Day +5 | 11 | +1.4% | -1.1% to +2.8% | 64% | -1.8% to +2.9% | 0.0% |
| above | Day +10 | 11 | +2.2% | -3.4% to +7.7% | 64% | -5.3% to +8.1% | 0.0% |
| below | Day +1 | 13 | +0.7% | -0.5% to +1.5% | 69% | -0.5% to +1.5% | 0.0% |
| below | Day +3 | 13 | +0.7% | -1.4% to +2.0% | 62% | -1.4% to +2.0% | 0.0% |
| below | Day +5 | 13 | +0.1% | -0.6% to +3.0% | 54% | -0.6% to +3.0% | 0.0% |
| below | Day +10 | 13 | +1.1% | -5.4% to +6.0% | 69% | -5.4% to +6.0% | 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/CMG.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/CMG.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/CMG.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).