# FLY: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 23.32 |
| Delta neutral (USD/share) | 18.74 |
| Gamma neutral (USD/share) | 7.07 |
| Gamma max (USD/share) | 26.33 |
| Open interest (contracts) | 137,443 |
| Nearest-expiration max pain (USD/share) | 23.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 20.00 |
| Net gamma exposure | 2,964,299 |
| Confirmed GEX flip (USD/share) | 7.07 |
| Call wall (USD/share) | 20.00 |
| Put wall (USD/share) | 20.00 |
| Put/call open-interest ratio | 0.41 |
| Options catalyst-intensity score (0–100) | 55.5 |
| Options directional score (-100 to +100) | 9.0 |
| IV rank | 96.1 |
| Front ATM IV | +92.1% |
| Front-minus-back IV | -2.8 pp |
| Front expected move | +12.8% |
| Front ATM straddle / spot | +9.4% |
| Front 25-delta risk reversal | 0.3 pp |
| Call OI change, 1 session | -4,592 contracts · -4.5% |
| Put OI change, 1 session | -1,402 contracts · -3.4% |
| Call minus put OI growth, 1 session | -1.1 pp |
| Call OI change, 5 sessions | +3,482 contracts · +3.7% |
| Put OI change, 5 sessions | +844 contracts · +2.2% |
| Call minus put OI growth, 5 sessions | +1.5 pp |
| Daily call OI change surprise | -0.55σ (252 prior changes) |
| Daily put OI change surprise | -0.46σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.13σ (252 prior changes) |
| Daily open interest change (contracts) | -5,994 |
| Daily open interest change z-score (prior 252) | -0.56σ (252 prior changes) |
| Gamma max distance from close | +12.9% |
| Delta neutral distance from close | -19.6% |
| Prior-year sessions closer to gamma max | 47.2% of 252 |
| Prior-year sessions closer to delta neutral | 60.7% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 13 | -1.4% | -2.9% to +2.3% | 46% | -2.9% to +2.3% | 0.0% |
| above | Day +3 | 13 | -1.8% | -3.8% to +0.4% | 31% | -3.8% to +0.4% | 0.0% |
| above | Day +5 | 13 | +1.6% | -4.5% to +10.4% | 54% | -4.5% to +10.4% | 0.0% |
| above | Day +10 | 13 | -0.7% | -10.7% to +13.1% | 46% | -10.7% to +13.1% | 0.0% |
| below | Day +1 | 15 | -1.8% | -5.2% to +2.4% | 40% | -5.7% to +2.5% | 0.0% |
| below | Day +3 | 15 | -1.6% | -8.1% to +4.1% | 47% | -10.8% to +6.2% | 0.0% |
| below | Day +5 | 15 | -0.8% | -9.0% to +11.8% | 47% | -11.3% to +12.1% | 0.0% |
| below | Day +10 | 15 | +5.8% | -9.6% to +15.3% | 60% | -13.6% to +18.4% | 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/FLY.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/FLY.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/FLY.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).