# CRCL: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 81.25 |
| Delta neutral (USD/share) | 82.33 |
| Gamma neutral (USD/share) | 80.13 |
| Gamma max (USD/share) | 107.26 |
| Open interest (contracts) | 733,513 |
| Nearest-expiration max pain (USD/share) | 86.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 90.00 |
| Net gamma exposure | 1,405,984 |
| Confirmed GEX flip (USD/share) | 80.13 |
| Call wall (USD/share) | 85.00 |
| Put wall (USD/share) | 80.00 |
| Put/call open-interest ratio | 0.79 |
| Options catalyst-intensity score (0–100) | 49.1 |
| Options directional score (-100 to +100) | -9.6 |
| IV rank | 66.7 |
| Front ATM IV | +64.2% |
| Front-minus-back IV | -8.6 pp |
| Front expected move | +8.9% |
| Front ATM straddle / spot | +6.5% |
| Front 25-delta risk reversal | 0.8 pp |
| Call OI change, 1 session | -30,661 contracts · -6.9% |
| Put OI change, 1 session | -18,729 contracts · -5.5% |
| Call minus put OI growth, 1 session | -1.5 pp |
| Call OI change, 5 sessions | +21,897 contracts · +5.6% |
| Put OI change, 5 sessions | +19,129 contracts · +6.3% |
| Call minus put OI growth, 5 sessions | -0.7 pp |
| Daily call OI change surprise | -0.78σ (252 prior changes) |
| Daily put OI change surprise | -0.68σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.42σ (252 prior changes) |
| Daily open interest change (contracts) | -49,390 |
| Daily open interest change z-score (prior 252) | -0.76σ (252 prior changes) |
| Gamma max distance from close | +32.0% |
| Delta neutral distance from close | +1.3% |
| Prior-year sessions closer to gamma max | 81.7% of 252 |
| Prior-year sessions closer to delta neutral | 8.3% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 5 | +0.4% | -4.5% to +1.4% | 60% | -5.0% to +5.2% | 0.0% |
| above | Day +3 | 5 | -2.3% | -2.7% to +6.2% | 40% | -4.8% to +10.0% | 0.0% |
| above | Day +5 | 5 | +11.0% | +7.2% to +12.0% | 100% | +2.5% to +12.6% | +2.5% |
| above | Day +10 | 5 | +23.4% | -8.2% to +25.0% | 60% | -14.3% to +26.2% | 0.0% |
| below | Day +1 | 6 | +0.5% | -1.5% to +5.3% | 50% | -4.8% to +9.7% | 0.0% |
| below | Day +3 | 6 | +2.7% | +0.2% to +8.8% | 67% | -15.6% to +11.5% | 0.0% |
| below | Day +5 | 6 | +3.7% | -2.1% to +12.0% | 50% | -17.9% to +17.8% | 0.0% |
| below | Day +10 | 6 | -1.1% | -6.6% to +12.1% | 50% | -21.9% to +23.6% | 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/CRCL.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/CRCL.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/CRCL.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).