# NRGV: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 3.94 |
| Delta neutral (USD/share) | 2.17 |
| Gamma neutral (USD/share) | 3.94 |
| Gamma max (USD/share) | 3.84 |
| Open interest (contracts) | 217,893 |
| Nearest-expiration max pain (USD/share) | 4.00 (2026-10-16) |
| All-expiration max pain (USD/share) | 4.00 |
| Net gamma exposure | 9,396,793 |
| Call wall (USD/share) | 4.00 |
| Put wall (USD/share) | 5.00 |
| Put/call open-interest ratio | 0.14 |
| Options catalyst-intensity score (0–100) | 37.2 |
| Options directional score (-100 to +100) | 36.1 |
| IV rank | 34.1 |
| Front ATM IV | +96.1% |
| Front-minus-back IV | -11.4 pp |
| Front expected move | +18.8% |
| Front ATM straddle / spot | +14.6% |
| Front 25-delta risk reversal | -9.4 pp |
| Call OI change, 1 session | -288 contracts · -0.2% |
| Put OI change, 1 session | +36 contracts · +0.1% |
| Call minus put OI growth, 1 session | -0.3 pp |
| Call OI change, 5 sessions | -694 contracts · -0.4% |
| Put OI change, 5 sessions | +91 contracts · +0.3% |
| Call minus put OI growth, 5 sessions | -0.7 pp |
| Daily call OI change surprise | -0.17σ (252 prior changes) |
| Daily put OI change surprise | -0.03σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.03σ (252 prior changes) |
| Daily open interest change (contracts) | -252 |
| Daily open interest change z-score (prior 252) | -0.14σ (252 prior changes) |
| Gamma max distance from close | -2.5% |
| Delta neutral distance from close | -44.9% |
| Prior-year sessions closer to gamma max | 11.1% of 252 |
| Prior-year sessions closer to delta neutral | 15.1% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 26 | +1.0% | -2.4% to +4.6% | 58% | -0.6% to +3.8% | 0.0% |
| above | Day +3 | 26 | +1.0% | -4.2% to +5.6% | 54% | -1.2% to +4.4% | 0.0% |
| above | Day +5 | 26 | +3.0% | -8.3% to +12.0% | 54% | -6.4% to +10.8% | 0.0% |
| above | Day +10 | 26 | -3.5% | -14.0% to +16.0% | 42% | -13.3% to +11.8% | 0.0% |
| below | Day +1 | 33 | +1.3% | -1.2% to +3.6% | 70% | +0.5% to +3.2% | +0.5% |
| below | Day +3 | 32 | -0.8% | -9.5% to +8.2% | 50% | -5.1% to +5.8% | 0.0% |
| below | Day +5 | 32 | +1.0% | -6.9% to +7.4% | 53% | -4.1% to +5.1% | 0.0% |
| below | Day +10 | 32 | -0.6% | -11.6% to +17.3% | 47% | -5.6% to +6.7% | 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/NRGV.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/NRGV.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/NRGV.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).