# JBS: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 11.67 |
| Delta neutral (USD/share) | 10.35 |
| Gamma neutral (USD/share) | 11.67 |
| Gamma max (USD/share) | 13.22 |
| Open interest (contracts) | 131,859 |
| Nearest-expiration max pain (USD/share) | 12.50 (2026-10-16) |
| All-expiration max pain (USD/share) | 12.50 |
| Net gamma exposure | 7,318,907 |
| Call wall (USD/share) | 15.00 |
| Put wall (USD/share) | 12.50 |
| Put/call open-interest ratio | 0.16 |
| Options catalyst-intensity score (0–100) | 31.7 |
| Options directional score (-100 to +100) | 4.2 |
| IV rank | 13.9 |
| Front ATM IV | – |
| Front-minus-back IV | – pp |
| Front expected move | – |
| Front ATM straddle / spot | – |
| Front 25-delta risk reversal | 6.9 pp |
| Call OI change, 1 session | +1,696 contracts · +1.5% |
| Put OI change, 1 session | +1,399 contracts · +8.2% |
| Call minus put OI growth, 1 session | -6.7 pp |
| Call OI change, 5 sessions | +2,410 contracts · +2.2% |
| Put OI change, 5 sessions | +1,422 contracts · +8.4% |
| Call minus put OI growth, 5 sessions | -6.2 pp |
| Daily call OI change surprise | +0.19σ (252 prior changes) |
| Daily put OI change surprise | +0.46σ (252 prior changes) |
| Daily call-minus-put growth surprise | -1.27σ (252 prior changes) |
| Daily open interest change (contracts) | 3,095 |
| Daily open interest change z-score (prior 252) | +0.27σ (252 prior changes) |
| Gamma max distance from close | +13.3% |
| Delta neutral distance from close | -11.3% |
| Prior-year sessions closer to gamma max | 44.8% of 252 |
| Prior-year sessions closer to delta neutral | 48.8% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 6 | -0.2% | -0.5% to +1.0% | 33% | -5.2% to +1.8% | 0.0% |
| above | Day +3 | 6 | +2.0% | -0.9% to +2.1% | 67% | -1.9% to +7.5% | 0.0% |
| above | Day +5 | 6 | +3.7% | +0.5% to +5.8% | 67% | -2.8% to +10.7% | 0.0% |
| above | Day +10 | 6 | +3.3% | -1.1% to +5.3% | 67% | -8.5% to +18.1% | 0.0% |
| below | Day +1 | 6 | -0.8% | -1.8% to +0.0% | 33% | -2.2% to +0.7% | 0.0% |
| below | Day +3 | 6 | -1.3% | -2.0% to +0.4% | 33% | -3.1% to +4.2% | 0.0% |
| below | Day +5 | 6 | -1.6% | -5.1% to +3.8% | 33% | -7.0% to +6.5% | 0.0% |
| below | Day +10 | 6 | -3.6% | -5.2% to +3.1% | 33% | -9.2% to +21.4% | 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/JBS.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/JBS.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/JBS.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).