# IOT: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 41.12 |
| Delta neutral (USD/share) | 35.21 |
| Gamma neutral (USD/share) | 33.18 |
| Gamma max (USD/share) | 45.14 |
| Open interest (contracts) | 134,270 |
| Nearest-expiration max pain (USD/share) | 40.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 35.00 |
| Net gamma exposure | 9,367,939 |
| Confirmed GEX flip (USD/share) | 33.18 |
| Call wall (USD/share) | 45.00 |
| Put wall (USD/share) | 28.00 |
| Put/call open-interest ratio | 0.49 |
| Options catalyst-intensity score (0–100) | 65.0 |
| Options directional score (-100 to +100) | 31.9 |
| IV rank | 41.0 |
| Front ATM IV | +53.2% |
| Front-minus-back IV | 0.5 pp |
| Front expected move | +7.4% |
| Front ATM straddle / spot | +5.3% |
| Front 25-delta risk reversal | -148.0 pp |
| Call OI change, 1 session | -1,615 contracts · -1.8% |
| Put OI change, 1 session | -920 contracts · -2.0% |
| Call minus put OI growth, 1 session | +0.3 pp |
| Call OI change, 5 sessions | +4,345 contracts · +5.1% |
| Put OI change, 5 sessions | +686 contracts · +1.6% |
| Call minus put OI growth, 5 sessions | +3.5 pp |
| Daily call OI change surprise | -0.21σ (252 prior changes) |
| Daily put OI change surprise | -0.23σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.02σ (252 prior changes) |
| Daily open interest change (contracts) | -2,535 |
| Daily open interest change z-score (prior 252) | -0.23σ (252 prior changes) |
| Gamma max distance from close | +9.8% |
| Delta neutral distance from close | -14.4% |
| Prior-year sessions closer to gamma max | 38.5% of 252 |
| Prior-year sessions closer to delta neutral | 79.0% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 26 | -0.9% | -1.8% to +0.0% | 27% | -1.6% to -0.2% | -0.2% |
| above | Day +3 | 26 | +0.1% | -3.9% to +2.0% | 50% | -1.7% to +1.7% | 0.0% |
| above | Day +5 | 26 | +1.4% | -7.0% to +4.3% | 62% | -2.6% to +2.7% | 0.0% |
| above | Day +10 | 26 | +1.6% | -5.9% to +8.8% | 58% | -4.8% to +7.8% | 0.0% |
| below | Day +1 | 25 | +0.2% | -2.1% to +1.9% | 56% | -1.5% to +1.9% | 0.0% |
| below | Day +3 | 25 | +1.8% | -3.9% to +3.8% | 64% | -3.6% to +3.1% | 0.0% |
| below | Day +5 | 25 | +2.5% | -6.1% to +5.9% | 60% | -3.7% to +5.3% | 0.0% |
| below | Day +10 | 25 | +1.6% | -5.1% to +14.8% | 60% | -5.0% to +10.5% | 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/IOT.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/IOT.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/IOT.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).