# MS: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 190.32 |
| Delta neutral (USD/share) | 197.05 |
| Gamma neutral (USD/share) | 199.98 |
| Gamma max (USD/share) | 226.38 |
| Open interest (contracts) | 371,385 |
| Nearest-expiration max pain (USD/share) | 190.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 190.00 |
| Net gamma exposure | -9,840,719 |
| Confirmed GEX flip (USD/share) | 199.98 |
| Call wall (USD/share) | 200.00 |
| Put wall (USD/share) | 190.00 |
| Put/call open-interest ratio | 1.56 |
| Options catalyst-intensity score (0–100) | 45.8 |
| Options directional score (-100 to +100) | -23.1 |
| IV rank | 98.0 |
| Front ATM IV | +31.1% |
| Front-minus-back IV | -1.6 pp |
| Front expected move | +4.3% |
| Front ATM straddle / spot | +3.2% |
| Front 25-delta risk reversal | 0.3 pp |
| Call OI change, 1 session | -2,155 contracts · -1.5% |
| Put OI change, 1 session | -3,193 contracts · -1.4% |
| Call minus put OI growth, 1 session | -0.1 pp |
| Call OI change, 5 sessions | +14,801 contracts · +11.3% |
| Put OI change, 5 sessions | +12,080 contracts · +5.6% |
| Call minus put OI growth, 5 sessions | +5.7 pp |
| Daily call OI change surprise | -0.21σ (252 prior changes) |
| Daily put OI change surprise | -0.24σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.04σ (252 prior changes) |
| Daily open interest change (contracts) | -5,348 |
| Daily open interest change z-score (prior 252) | -0.23σ (252 prior changes) |
| Gamma max distance from close | +18.9% |
| Delta neutral distance from close | +3.5% |
| Prior-year sessions closer to gamma max | 98.0% of 252 |
| Prior-year sessions closer to delta neutral | 19.4% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 42 | +0.3% | -0.4% to +1.0% | 62% | -0.0% to +0.7% | 0.0% |
| above | Day +3 | 42 | +0.2% | -1.0% to +1.8% | 52% | -0.6% to +1.0% | 0.0% |
| above | Day +5 | 42 | +0.6% | -1.2% to +2.7% | 64% | +0.0% to +1.7% | +0.0% |
| above | Day +10 | 42 | +0.2% | -1.5% to +2.4% | 52% | -1.3% to +1.1% | 0.0% |
| below | Day +1 | 42 | +0.1% | -0.4% to +0.8% | 52% | -0.3% to +0.5% | 0.0% |
| below | Day +3 | 42 | -0.3% | -1.3% to +1.8% | 48% | -0.8% to +1.1% | 0.0% |
| below | Day +5 | 42 | +0.4% | -1.3% to +2.5% | 57% | -0.2% to +1.5% | 0.0% |
| below | Day +10 | 42 | +0.0% | -2.6% to +3.9% | 50% | -1.5% 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/MS.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/MS.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/MS.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).