# FPS: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 40.35 |
| Delta neutral (USD/share) | 31.51 |
| Gamma neutral (USD/share) | 26.48 |
| Gamma max (USD/share) | 39.18 |
| Open interest (contracts) | 114,859 |
| Nearest-expiration max pain (USD/share) | 32.50 (2026-10-16) |
| All-expiration max pain (USD/share) | 35.00 |
| Net gamma exposure | 7,625,641 |
| Confirmed GEX flip (USD/share) | 26.48 |
| Call wall (USD/share) | 40.00 |
| Put wall (USD/share) | 35.00 |
| Put/call open-interest ratio | 0.40 |
| Options catalyst-intensity score (0–100) | 46.3 |
| Options directional score (-100 to +100) | 17.5 |
| IV rank | 0.0 |
| Front ATM IV | +66.8% |
| Front-minus-back IV | -9.7 pp |
| Front expected move | +13.1% |
| Front ATM straddle / spot | +10.0% |
| Front 25-delta risk reversal | -2.2 pp |
| Call OI change, 1 session | +323 contracts · +0.4% |
| Put OI change, 1 session | +1,188 contracts · +3.8% |
| Call minus put OI growth, 1 session | -3.4 pp |
| Call OI change, 5 sessions | +5,639 contracts · +7.4% |
| Put OI change, 5 sessions | +6,394 contracts · +24.2% |
| Call minus put OI growth, 5 sessions | -16.8 pp |
| Daily call OI change surprise | — (160 prior changes) |
| Daily put OI change surprise | — (160 prior changes) |
| Daily call-minus-put growth surprise | — (143 prior changes) |
| Daily open interest change (contracts) | 1,511 |
| Daily open interest change z-score (prior 252) | — |
| Gamma max distance from close | -2.9% |
| Delta neutral distance from close | -21.9% |
| Prior-year sessions closer to gamma max | 16.9% of 160 |
| Prior-year sessions closer to delta neutral | 64.4% of 160 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 5 | -0.1% | -1.3% to +2.5% | 40% | -4.3% to +9.2% | 0.0% |
| above | Day +3 | 5 | +1.6% | +1.1% to +4.9% | 80% | -2.5% to +8.4% | 0.0% |
| above | Day +5 | 5 | +9.0% | +4.8% to +12.7% | 80% | -1.2% to +14.5% | 0.0% |
| above | Day +10 | 5 | +7.5% | +2.3% to +18.6% | 80% | -6.8% to +21.9% | 0.0% |
| below | Day +1 | 6 | -0.4% | -2.2% to +1.4% | 50% | -6.9% to +3.6% | 0.0% |
| below | Day +3 | 6 | +1.6% | +1.2% to +3.0% | 83% | -5.2% to +12.6% | 0.0% |
| below | Day +5 | 5 | +2.3% | +2.3% to +3.9% | 80% | -13.1% to +15.7% | 0.0% |
| below | Day +10 | 5 | +2.4% | -1.9% to +5.2% | 60% | -25.1% to +32.0% | 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/FPS.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/FPS.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/FPS.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).