# LBRT: options-positioning snapshot

Canonical: https://halfonadouble.com/stock/LBRT
Data through: 2026-10-23 close
Publisher: Half on a Double

| Published field | Value |
| --- | --- |
| Close (USD/share) | 15.59 |
| Delta neutral (USD/share) | 13.49 |
| Gamma neutral (USD/share) | 11.29 |
| Gamma max (USD/share) | 17.59 |
| Open interest (contracts) | 104,335 |
| Nearest-expiration max pain (USD/share) | 17.00 (2026-11-20) |
| All-expiration max pain (USD/share) | 16.00 |
| Net gamma exposure | 6,591,009 |
| Confirmed GEX flip (USD/share) | 11.29 |
| Call wall (USD/share) | 17.00 |
| Put wall (USD/share) | 16.00 |
| Put/call open-interest ratio | 0.39 |
| Options catalyst-intensity score (0–100) | 31.7 |
| Options directional score (-100 to +100) | 6.9 |
| IV rank | 7.5 |
| Front-minus-back IV | 3.3 pp |
| Front 25-delta risk reversal | 2.8 pp |
| Call OI change, 1 session | +3,148 contracts · +4.4% |
| Put OI change, 1 session | +772 contracts · +2.7% |
| Call minus put OI growth, 1 session | +1.6 pp |
| Call OI change, 5 sessions | +11,254 contracts · +17.6% |
| Put OI change, 5 sessions | +7,094 contracts · +32.2% |
| Call minus put OI growth, 5 sessions | -14.6 pp |
| Daily call OI change surprise | +0.75σ (252 prior changes) |
| Daily put OI change surprise | +0.39σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.17σ (252 prior changes) |
| Daily open interest change (contracts) | 3,920 |
| Daily open interest change z-score (prior 252) | +0.70σ (252 prior changes) |
| Gamma max distance from close | +12.8% |
| Delta neutral distance from close | -13.5% |
| Prior-year sessions closer to gamma max | 74.6% of 252 |
| Prior-year sessions closer to delta neutral | 41.3% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 54 | +0.7% | -0.9% to +1.6% | 61% | -0.1% to +1.0% | 0.0% |
| above | Day +3 | 54 | +0.6% | -1.3% to +3.2% | 54% | -0.3% to +1.7% | 0.0% |
| above | Day +5 | 54 | +0.9% | -4.4% to +4.6% | 57% | -0.2% to +2.9% | 0.0% |
| above | Day +10 | 53 | +1.7% | -7.6% to +8.0% | 57% | -1.5% to +5.1% | 0.0% |
| below | Day +1 | 53 | -0.3% | -1.3% to +1.8% | 42% | -0.7% to +0.4% | 0.0% |
| below | Day +3 | 53 | +0.4% | -3.9% to +3.4% | 57% | -0.8% to +1.7% | 0.0% |
| below | Day +5 | 53 | +0.3% | -6.1% to +3.8% | 51% | -1.4% to +1.8% | 0.0% |
| below | Day +10 | 52 | +1.7% | -6.4% to +6.8% | 54% | -3.4% to +3.7% | 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/LBRT.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/LBRT.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/LBRT.json?date=2026-10-23&public_schema=4)

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).