# HBAN: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 15.33 |
| Delta neutral (USD/share) | 15.61 |
| Gamma neutral (USD/share) | 13.34 |
| Gamma max (USD/share) | 18.97 |
| Open interest (contracts) | 134,495 |
| Nearest-expiration max pain (USD/share) | 16.00 (2026-10-16) |
| All-expiration max pain (USD/share) | 16.00 |
| Net gamma exposure | 1,980,478 |
| Confirmed GEX flip (USD/share) | 13.34 |
| Call wall (USD/share) | 16.00 |
| Put wall (USD/share) | 16.00 |
| Put/call open-interest ratio | 0.72 |
| Options catalyst-intensity score (0–100) | 63.3 |
| Options directional score (-100 to +100) | -28.3 |
| IV rank | 64.2 |
| Front ATM IV | +34.3% |
| Front-minus-back IV | 2.7 pp |
| Front expected move | +6.7% |
| Front ATM straddle / spot | +5.5% |
| Front 25-delta risk reversal | 250.3 pp |
| Call OI change, 1 session | +15,519 contracts · +24.8% |
| Put OI change, 1 session | +487 contracts · +0.9% |
| Call minus put OI growth, 1 session | +23.9 pp |
| Call OI change, 5 sessions | +16,386 contracts · +26.5% |
| Put OI change, 5 sessions | +3,325 contracts · +6.3% |
| Call minus put OI growth, 5 sessions | +20.2 pp |
| Daily call OI change surprise | +3.82σ (252 prior changes) |
| Daily put OI change surprise | +0.16σ (252 prior changes) |
| Daily call-minus-put growth surprise | +4.67σ (252 prior changes) |
| Daily open interest change (contracts) | 16,006 |
| Daily open interest change z-score (prior 252) | +2.68σ (252 prior changes) |
| Gamma max distance from close | +23.7% |
| Delta neutral distance from close | +1.9% |
| Prior-year sessions closer to gamma max | 98.4% 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 | 51 | 0.0% | -1.0% to +1.2% | 49% | -0.2% to +0.5% | 0.0% |
| above | Day +3 | 51 | -0.1% | -1.3% to +1.1% | 47% | -0.6% to +0.6% | 0.0% |
| above | Day +5 | 51 | -0.9% | -3.0% to +2.4% | 47% | -1.6% to +0.8% | 0.0% |
| above | Day +10 | 51 | -0.3% | -4.9% to +2.5% | 49% | -2.2% to +1.2% | 0.0% |
| below | Day +1 | 49 | -0.1% | -0.9% to +1.0% | 47% | -0.6% to +0.7% | 0.0% |
| below | Day +3 | 49 | -0.5% | -2.1% to +1.8% | 45% | -1.5% to +0.1% | 0.0% |
| below | Day +5 | 49 | -0.1% | -3.0% to +2.1% | 49% | -1.5% to +0.6% | 0.0% |
| below | Day +10 | 49 | -0.5% | -3.9% to +2.4% | 45% | -1.7% to +0.8% | 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/HBAN.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/HBAN.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/HBAN.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).