# CVNA: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 63.78 |
| Delta neutral (USD/share) | 62.53 |
| Gamma neutral (USD/share) | 64.49 |
| Gamma max (USD/share) | 82.70 |
| Open interest (contracts) | 906,975 |
| Nearest-expiration max pain (USD/share) | 63.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 66.00 |
| Net gamma exposure | -1,695,300 |
| Confirmed GEX flip (USD/share) | 64.49 |
| Call wall (USD/share) | 80.00 |
| Put wall (USD/share) | 60.00 |
| Put/call open-interest ratio | 1.09 |
| Options catalyst-intensity score (0–100) | 44.1 |
| Options directional score (-100 to +100) | -28.7 |
| IV rank | 100.0 |
| Front ATM IV | +62.1% |
| Front-minus-back IV | -10.1 pp |
| Front expected move | +8.6% |
| Front ATM straddle / spot | +6.4% |
| Front 25-delta risk reversal | 3.2 pp |
| Call OI change, 1 session | -16,106 contracts · -3.6% |
| Put OI change, 1 session | -14,239 contracts · -2.9% |
| Call minus put OI growth, 1 session | -0.7 pp |
| Call OI change, 5 sessions | +18,698 contracts · +4.5% |
| Put OI change, 5 sessions | +30,333 contracts · +6.8% |
| Call minus put OI growth, 5 sessions | -2.3 pp |
| Daily call OI change surprise | -0.24σ (252 prior changes) |
| Daily put OI change surprise | -0.23σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.10σ (251 prior changes) |
| Daily open interest change (contracts) | -30,345 |
| Daily open interest change z-score (prior 252) | -0.23σ (252 prior changes) |
| Gamma max distance from close | +29.7% |
| Delta neutral distance from close | -2.0% |
| Prior-year sessions closer to gamma max | 81.0% of 252 |
| Prior-year sessions closer to delta neutral | 18.3% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 21 | -0.5% | -3.6% to +1.4% | 48% | -2.0% to +1.3% | 0.0% |
| above | Day +3 | 21 | +0.3% | -3.4% to +4.0% | 52% | -3.0% to +3.6% | 0.0% |
| above | Day +5 | 21 | +0.1% | -3.6% to +8.9% | 52% | -1.5% to +7.2% | 0.0% |
| above | Day +10 | 21 | +3.3% | -5.1% to +14.0% | 62% | -3.2% to +12.4% | 0.0% |
| below | Day +1 | 21 | +1.0% | -1.3% to +1.8% | 67% | -0.5% to +1.7% | 0.0% |
| below | Day +3 | 21 | +0.3% | -1.7% to +5.5% | 52% | -1.4% to +4.3% | 0.0% |
| below | Day +5 | 21 | +3.1% | -1.2% to +8.1% | 67% | -0.3% to +6.7% | 0.0% |
| below | Day +10 | 21 | +5.2% | +2.5% to +13.0% | 81% | +3.1% to +11.8% | +3.1% |

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/CVNA.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/CVNA.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/CVNA.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).