# NN: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 13.98 |
| Delta neutral (USD/share) | 8.84 |
| Gamma neutral (USD/share) | 1.78 |
| Gamma max (USD/share) | 15.98 |
| Open interest (contracts) | 533,224 |
| Nearest-expiration max pain (USD/share) | 14.50 (2026-10-09) |
| All-expiration max pain (USD/share) | 15.00 |
| Net gamma exposure | 32,272,632 |
| Confirmed GEX flip (USD/share) | 1.78 |
| Call wall (USD/share) | 17.00 |
| Put wall (USD/share) | 15.00 |
| Put/call open-interest ratio | 0.09 |
| Options catalyst-intensity score (0–100) | 68.1 |
| Options directional score (-100 to +100) | 40.9 |
| IV rank | 46.0 |
| Front ATM IV | +139.4% |
| Front-minus-back IV | 39.1 pp |
| Front expected move | +19.3% |
| Front ATM straddle / spot | +13.6% |
| Front 25-delta risk reversal | -44.6 pp |
| Call OI change, 1 session | -3,331 contracts · -0.7% |
| Put OI change, 1 session | -2,247 contracts · -4.9% |
| Call minus put OI growth, 1 session | +4.2 pp |
| Call OI change, 5 sessions | +8,539 contracts · +1.8% |
| Put OI change, 5 sessions | +2,437 contracts · +5.9% |
| Call minus put OI growth, 5 sessions | -4.1 pp |
| Daily call OI change surprise | -0.30σ (252 prior changes) |
| Daily put OI change surprise | -0.67σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.54σ (252 prior changes) |
| Daily open interest change (contracts) | -5,578 |
| Daily open interest change z-score (prior 252) | -0.39σ (252 prior changes) |
| Gamma max distance from close | +14.3% |
| Delta neutral distance from close | -36.7% |
| Prior-year sessions closer to gamma max | 80.2% of 252 |
| Prior-year sessions closer to delta neutral | 0.8% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 31 | -0.5% | -4.1% to +1.8% | 48% | -2.4% to +1.0% | 0.0% |
| above | Day +3 | 31 | +0.7% | -6.4% to +4.9% | 58% | -3.9% to +4.1% | 0.0% |
| above | Day +5 | 31 | -0.6% | -10.0% to +6.0% | 48% | -7.0% to +3.5% | 0.0% |
| above | Day +10 | 31 | -4.4% | -13.5% to +7.1% | 48% | -12.6% to +5.6% | 0.0% |
| below | Day +1 | 37 | -0.2% | -2.1% to +1.2% | 46% | -1.2% to +0.9% | 0.0% |
| below | Day +3 | 37 | -0.2% | -5.8% to +3.3% | 46% | -3.1% to +1.1% | 0.0% |
| below | Day +5 | 37 | +1.0% | -7.1% to +4.1% | 54% | -2.4% to +3.5% | 0.0% |
| below | Day +10 | 37 | -1.0% | -9.4% to +8.8% | 49% | -5.1% to +4.3% | 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/NN.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/NN.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/NN.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).