# LEN: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 84.92 |
| Delta neutral (USD/share) | 80.91 |
| Gamma neutral (USD/share) | 77.66 |
| Gamma max (USD/share) | 87.03 |
| Open interest (contracts) | 110,723 |
| Nearest-expiration max pain (USD/share) | 80.00 (2026-10-30) |
| All-expiration max pain (USD/share) | 84.00 |
| Net gamma exposure | 5,378,491 |
| Confirmed GEX flip (USD/share) | 77.66 |
| Call wall (USD/share) | 85.00 |
| Put wall (USD/share) | 80.00 |
| Put/call open-interest ratio | 0.84 |
| Options catalyst-intensity score (0–100) | 68.5 |
| Options directional score (-100 to +100) | -14.6 |
| IV rank | 100.0 |
| Front-minus-back IV | 7.9 pp |
| Front 25-delta risk reversal | 4.4 pp |
| Call OI change, 1 session | -2,751 contracts · -4.4% |
| Put OI change, 1 session | -2,468 contracts · -4.7% |
| Call minus put OI growth, 1 session | +0.3 pp |
| Call OI change, 5 sessions | +3,291 contracts · +5.8% |
| Put OI change, 5 sessions | +1,684 contracts · +3.5% |
| Call minus put OI growth, 5 sessions | +2.3 pp |
| Daily call OI change surprise | -0.26σ (252 prior changes) |
| Daily put OI change surprise | -0.24σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.05σ (252 prior changes) |
| Daily open interest change (contracts) | -5,219 |
| Daily open interest change z-score (prior 252) | -0.26σ (252 prior changes) |
| Gamma max distance from close | +2.5% |
| Delta neutral distance from close | -4.7% |
| Prior-year sessions closer to gamma max | 6.7% of 252 |
| Prior-year sessions closer to delta neutral | 51.6% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 17 | -0.8% | -2.4% to +0.2% | 29% | -2.4% to +0.2% | 0.0% |
| above | Day +3 | 17 | -0.8% | -2.7% to +0.9% | 41% | -2.7% to +0.9% | 0.0% |
| above | Day +5 | 16 | -1.7% | -5.3% to -0.1% | 25% | -4.9% to -0.2% | -0.2% |
| above | Day +10 | 16 | -0.2% | -6.0% to +1.0% | 50% | -5.7% to +0.7% | 0.0% |
| below | Day +1 | 16 | +0.2% | -1.5% to +0.9% | 50% | -1.5% to +0.8% | 0.0% |
| below | Day +3 | 16 | -1.4% | -3.3% to +0.6% | 31% | -3.3% to +0.5% | 0.0% |
| below | Day +5 | 16 | -2.0% | -3.9% to -0.7% | 25% | -3.8% to -1.0% | -1.0% |
| below | Day +10 | 16 | +0.9% | -5.1% to +2.3% | 56% | -4.6% to +2.1% | 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/LEN.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/LEN.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/LEN.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).