# HUMA: options-positioning snapshot

Canonical: https://halfonadouble.com/stock/HUMA
Data through: 2026-11-13 close
Publisher: Half on a Double

| Published field | Value |
| --- | --- |
| Close (USD/share) | 0.56 |
| Delta neutral (USD/share) | 0.09 |
| Gamma neutral (USD/share) | 0.56 |
| Gamma max (USD/share) | 0.50 |
| Open interest (contracts) | 106,545 |
| Nearest-expiration max pain (USD/share) | 0.50 (2026-11-20) |
| All-expiration max pain (USD/share) | 0.50 |
| Net gamma exposure | 1,564,202 |
| Call wall (USD/share) | 1.00 |
| Put wall (USD/share) | 1.00 |
| Put/call open-interest ratio | 0.11 |
| Net GEX sign history | positive for the last 402 sessions; negative on 0 of the past 252 |
| Max pain expiration record (past 252 sessions) | expiration close nearer the prior-session max pain on 0 of 11 expirations (0%); median distance 16.15% vs 1.83% for an unchanged prior close |
| Options catalyst-intensity score (0–100) | 33.6 |
| Options directional score (-100 to +100) | 43.0 |
| IV rank | 12.3 |
| Front-minus-back IV | – pp |
| Front 25-delta risk reversal | -50.0 pp |
| Call OI change, 1 session | -47 contracts · -0.0% |
| Put OI change, 1 session | -62 contracts · -0.6% |
| Call minus put OI growth, 1 session | +0.6 pp |
| Call OI change, 5 sessions | +1,430 contracts · +1.5% |
| Put OI change, 5 sessions | +295 contracts · +3.0% |
| Call minus put OI growth, 5 sessions | -1.5 pp |
| Daily call OI change surprise | — (160 prior changes) |
| Daily put OI change surprise | — (160 prior changes) |
| Daily call-minus-put growth surprise | — (160 prior changes) |
| Daily open interest change (contracts) | -109 |
| Daily open interest change z-score (prior 252) | -0.05σ (252 prior changes) |
| Gamma max distance from close | -10.5% |
| Delta neutral distance from close | -84.5% |
| Prior-year sessions closer to gamma max | 22.2% of 252 |
| Prior-year sessions closer to delta neutral | 79.0% of 252 |

## Recent expirations vs max pain

| Expiration | Max pain (session before) | Prior close | Expiration close | Close vs max pain | Nearer |
| --- | ---: | ---: | ---: | ---: | --- |
| 2026-10-16 | 0.50 | 0.44 | 0.43 | -16.15% | Prior close |
| 2026-09-18 | 1.00 | 0.58 | 0.59 | -72.06% | Prior close |
| 2026-06-18 | 1.00 | 0.97 | 0.92 | -7.98% | Prior close |
| 2026-05-15 | 1.00 | 1.00 | 0.93 | -6.99% | Tie |
| 2026-02-20 | 1.00 | 1.15 | 1.13 | +11.30% | Prior close |
| 2026-01-16 | 1.00 | 1.10 | 1.11 | +10.00% | Prior close |
| 2025-12-19 | 1.50 | 1.11 | 1.11 | -35.14% | Prior close |
| 2025-11-21 | 2.00 | 1.12 | 1.22 | -69.64% | Prior close |
| 2025-10-17 | 1.50 | 1.70 | 1.72 | +12.94% | Prior close |
| 2025-09-19 | 4.00 | 1.79 | 1.86 | -119.55% | Prior close |

Each expiration compares the last session before it, when it was the nearest expiration, with the expiration-session close; distances are percentages of that prior close. Underlying closes are not option settlement values. Descriptive history, not a forecast.

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 22 | -2.1% | -5.9% to 0.0% | 23% | -4.8% to 0.0% | 0.0% |
| above | Day +3 | 22 | -3.1% | -11.8% to +1.9% | 36% | -9.7% to +1.8% | 0.0% |
| above | Day +5 | 22 | -5.3% | -15.5% to +1.2% | 27% | -10.2% to -2.2% | -2.2% |
| above | Day +10 | 22 | -10.0% | -17.7% to +1.4% | 27% | -16.4% to -0.1% | -0.1% |
| below | Day +1 | 23 | -1.2% | -2.5% to +1.0% | 30% | -1.8% to -0.4% | -0.4% |
| below | Day +3 | 23 | -1.5% | -7.4% to +1.6% | 43% | -5.8% to +1.3% | 0.0% |
| below | Day +5 | 23 | -4.9% | -7.7% to -1.3% | 22% | -6.5% to -3.4% | -3.4% |
| below | Day +10 | 23 | -4.4% | -10.1% to +5.0% | 39% | -8.0% to +3.1% | 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/HUMA.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/HUMA.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/HUMA.json?date=2026-11-13&public_schema=5)

An em dash means unavailable, not zero. Values use the same display rounding as the HTML page. This is a current snapshot; the 60-session close-versus-max-pain chart, full history and individual event paths are on the canonical page.

[Definitions and limitations](https://halfonadouble.com/methodology.md).