# EPD: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 36.18 |
| Delta neutral (USD/share) | 33.71 |
| Gamma neutral (USD/share) | 27.30 |
| Gamma max (USD/share) | 39.96 |
| Open interest (contracts) | 158,137 |
| Nearest-expiration max pain (USD/share) | 36.50 (2026-10-09) |
| All-expiration max pain (USD/share) | 35.00 |
| Net gamma exposure | 13,884,649 |
| Confirmed GEX flip (USD/share) | 27.30 |
| Call wall (USD/share) | 35.00 |
| Put wall (USD/share) | 37.00 |
| Put/call open-interest ratio | 0.30 |
| Options catalyst-intensity score (0–100) | 60.5 |
| Options directional score (-100 to +100) | 38.8 |
| IV rank | 81.3 |
| Front ATM IV | +23.5% |
| Front-minus-back IV | 4.2 pp |
| Front expected move | +3.3% |
| Front ATM straddle / spot | +2.0% |
| Front 25-delta risk reversal | -134.8 pp |
| Call OI change, 1 session | -3,836 contracts · -3.1% |
| Put OI change, 1 session | -1,332 contracts · -3.5% |
| Call minus put OI growth, 1 session | +0.5 pp |
| Call OI change, 5 sessions | -1,313 contracts · -1.1% |
| Put OI change, 5 sessions | -1,156 contracts · -3.1% |
| Call minus put OI growth, 5 sessions | +2.0 pp |
| Daily call OI change surprise | -0.41σ (252 prior changes) |
| Daily put OI change surprise | -0.41σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.11σ (252 prior changes) |
| Daily open interest change (contracts) | -5,168 |
| Daily open interest change z-score (prior 252) | -0.43σ (252 prior changes) |
| Gamma max distance from close | +10.5% |
| Delta neutral distance from close | -6.8% |
| Prior-year sessions closer to gamma max | 99.2% of 252 |
| Prior-year sessions closer to delta neutral | 28.2% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 45 | +0.1% | -0.5% to +0.9% | 56% | -0.2% to +0.3% | 0.0% |
| above | Day +3 | 45 | +0.7% | -0.5% to +1.4% | 67% | +0.2% to +0.8% | +0.2% |
| above | Day +5 | 45 | +1.0% | -1.1% to +2.2% | 67% | +0.6% to +1.8% | +0.6% |
| above | Day +10 | 45 | +0.5% | -2.9% to +3.4% | 51% | -1.0% to +2.4% | 0.0% |
| below | Day +1 | 45 | +0.1% | -0.5% to +0.6% | 58% | -0.1% to +0.3% | 0.0% |
| below | Day +3 | 45 | +0.3% | -1.0% to +2.0% | 53% | -0.2% to +0.7% | 0.0% |
| below | Day +5 | 45 | +0.6% | -1.6% to +1.6% | 56% | -0.4% to +1.2% | 0.0% |
| below | Day +10 | 45 | -0.3% | -2.4% to +2.8% | 47% | -1.4% to +1.2% | 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/EPD.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/EPD.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/EPD.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).