# META: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 728.08 |
| Delta neutral (USD/share) | 615.54 |
| Gamma neutral (USD/share) | 555.50 |
| Gamma max (USD/share) | 756.97 |
| Open interest (contracts) | 3,094,084 |
| Nearest-expiration max pain (USD/share) | 720.00 (2026-10-05) |
| All-expiration max pain (USD/share) | 650.00 |
| Net gamma exposure | 233,985,663 |
| Confirmed GEX flip (USD/share) | 555.50 |
| Call wall (USD/share) | 750.00 |
| Put wall (USD/share) | 700.00 |
| Put/call open-interest ratio | 0.46 |
| Options catalyst-intensity score (0–100) | 37.1 |
| Options directional score (-100 to +100) | 4.4 |
| IV rank | 33.5 |
| Front ATM IV | +28.3% |
| Front-minus-back IV | -12.2 pp |
| Front expected move | +2.6% |
| Front ATM straddle / spot | +1.6% |
| Front 25-delta risk reversal | 0.7 pp |
| Call OI change, 1 session | -133,877 contracts · -6.0% |
| Put OI change, 1 session | -76,430 contracts · -7.2% |
| Call minus put OI growth, 1 session | +1.3 pp |
| Call OI change, 5 sessions | -65,436 contracts · -3.0% |
| Put OI change, 5 sessions | -3,958 contracts · -0.4% |
| Call minus put OI growth, 5 sessions | -2.6 pp |
| Daily call OI change surprise | -1.43σ (252 prior changes) |
| Daily put OI change surprise | -1.53σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.39σ (252 prior changes) |
| Daily open interest change (contracts) | -210,307 |
| Daily open interest change z-score (prior 252) | -1.49σ (252 prior changes) |
| Gamma max distance from close | +4.0% |
| Delta neutral distance from close | -15.5% |
| Prior-year sessions closer to gamma max | 13.9% of 252 |
| Prior-year sessions closer to delta neutral | 94.8% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 17 | +0.0% | -1.9% to +0.7% | 53% | -1.9% to +0.7% | 0.0% |
| above | Day +3 | 17 | +0.4% | -0.5% to +1.8% | 65% | -0.5% to +1.8% | 0.0% |
| above | Day +5 | 17 | +0.2% | -2.7% to +1.5% | 53% | -2.7% to +1.5% | 0.0% |
| above | Day +10 | 16 | +0.1% | -2.9% to +1.9% | 50% | -2.8% to +1.8% | 0.0% |
| below | Day +1 | 18 | +0.4% | -0.4% to +1.0% | 56% | -0.4% to +0.8% | 0.0% |
| below | Day +3 | 18 | -0.1% | -1.3% to +1.3% | 44% | -1.3% to +1.2% | 0.0% |
| below | Day +5 | 18 | -0.9% | -3.4% to +2.0% | 44% | -3.1% to +2.0% | 0.0% |
| below | Day +10 | 17 | -0.5% | -7.3% to +2.3% | 41% | -7.3% to +2.3% | 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/META.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/META.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/META.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).