# MO: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 67.35 |
| Delta neutral (USD/share) | 65.43 |
| Gamma neutral (USD/share) | 64.74 |
| Gamma max (USD/share) | 72.14 |
| Open interest (contracts) | 267,264 |
| Nearest-expiration max pain (USD/share) | 68.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 65.00 |
| Net gamma exposure | 12,660,334 |
| Confirmed GEX flip (USD/share) | 64.74 |
| Call wall (USD/share) | 70.00 |
| Put wall (USD/share) | 65.00 |
| Put/call open-interest ratio | 0.71 |
| Options catalyst-intensity score (0–100) | 52.6 |
| Options directional score (-100 to +100) | 19.9 |
| IV rank | 67.2 |
| Front ATM IV | +24.4% |
| Front-minus-back IV | -0.2 pp |
| Front expected move | +3.4% |
| Front ATM straddle / spot | +2.2% |
| Front 25-delta risk reversal | -129.2 pp |
| Call OI change, 1 session | -12,250 contracts · -7.3% |
| Put OI change, 1 session | -6,468 contracts · -5.5% |
| Call minus put OI growth, 1 session | -1.8 pp |
| Call OI change, 5 sessions | +1,739 contracts · +1.1% |
| Put OI change, 5 sessions | +1,901 contracts · +1.7% |
| Call minus put OI growth, 5 sessions | -0.6 pp |
| Daily call OI change surprise | -1.21σ (252 prior changes) |
| Daily put OI change surprise | -0.65σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.44σ (252 prior changes) |
| Daily open interest change (contracts) | -18,718 |
| Daily open interest change z-score (prior 252) | -1.01σ (252 prior changes) |
| Gamma max distance from close | +7.1% |
| Delta neutral distance from close | -2.9% |
| Prior-year sessions closer to gamma max | 76.2% of 252 |
| Prior-year sessions closer to delta neutral | 34.1% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 31 | +0.0% | -0.8% to +0.8% | 52% | -0.4% to +0.7% | 0.0% |
| above | Day +3 | 31 | +0.1% | -0.8% to +1.6% | 55% | -0.5% to +1.3% | 0.0% |
| above | Day +5 | 31 | +0.0% | -1.9% to +1.9% | 52% | -0.9% to +1.3% | 0.0% |
| above | Day +10 | 31 | -0.2% | -1.6% to +4.3% | 48% | -1.4% to +1.7% | 0.0% |
| below | Day +1 | 31 | -0.1% | -0.9% to +0.7% | 45% | -0.4% to +0.3% | 0.0% |
| below | Day +3 | 31 | +0.1% | -1.2% to +1.1% | 52% | -0.9% to +0.7% | 0.0% |
| below | Day +5 | 31 | +0.9% | -1.5% to +2.1% | 61% | -0.6% to +1.7% | 0.0% |
| below | Day +10 | 31 | +0.7% | -2.2% to +2.2% | 55% | -1.6% to +1.6% | 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/MO.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/MO.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/MO.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).