# NVDA: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 233.95 |
| Delta neutral (USD/share) | 206.69 |
| Gamma neutral (USD/share) | 208.14 |
| Gamma max (USD/share) | 243.24 |
| Open interest (contracts) | 13,927,877 |
| Nearest-expiration max pain (USD/share) | 227.50 (2026-10-05) |
| All-expiration max pain (USD/share) | 197.50 |
| Net gamma exposure | 687,718,417 |
| Confirmed GEX flip (USD/share) | 208.14 |
| Call wall (USD/share) | 235.00 |
| Put wall (USD/share) | 230.00 |
| Put/call open-interest ratio | 0.88 |
| Options catalyst-intensity score (0–100) | 43.3 |
| Options directional score (-100 to +100) | -19.1 |
| IV rank | 17.6 |
| Front ATM IV | +27.8% |
| Front-minus-back IV | -7.0 pp |
| Front expected move | +2.5% |
| Front ATM straddle / spot | +1.4% |
| Front 25-delta risk reversal | 1.9 pp |
| Call OI change, 1 session | -374,668 contracts · -4.8% |
| Put OI change, 1 session | -263,417 contracts · -3.9% |
| Call minus put OI growth, 1 session | -0.9 pp |
| Call OI change, 5 sessions | +137,731 contracts · +1.9% |
| Put OI change, 5 sessions | +93,189 contracts · +1.5% |
| Call minus put OI growth, 5 sessions | +0.4 pp |
| Daily call OI change surprise | -0.86σ (252 prior changes) |
| Daily put OI change surprise | -0.72σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.75σ (252 prior changes) |
| Daily open interest change (contracts) | -638,085 |
| Daily open interest change z-score (prior 252) | -0.81σ (252 prior changes) |
| Gamma max distance from close | +4.0% |
| Delta neutral distance from close | -11.7% |
| Prior-year sessions closer to gamma max | 29.0% of 252 |
| Prior-year sessions closer to delta neutral | 86.9% 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 | -0.0% | -1.0% to +1.1% | 50% | -0.8% to +0.5% | 0.0% |
| above | Day +3 | 26 | +1.7% | -1.3% to +3.2% | 69% | +0.5% to +2.9% | +0.5% |
| above | Day +5 | 26 | +1.8% | -1.1% to +3.5% | 62% | -1.0% to +3.3% | 0.0% |
| above | Day +10 | 26 | +3.5% | -3.3% to +8.4% | 65% | -0.2% to +8.1% | 0.0% |
| below | Day +1 | 29 | +0.7% | -0.3% to +2.1% | 62% | -0.2% to +1.9% | 0.0% |
| below | Day +3 | 29 | +0.6% | -1.1% to +3.0% | 55% | -0.9% to +2.4% | 0.0% |
| below | Day +5 | 29 | +0.7% | -3.5% to +4.1% | 59% | -2.6% to +2.7% | 0.0% |
| below | Day +10 | 29 | +2.5% | -0.9% to +10.0% | 62% | -0.4% to +6.4% | 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/NVDA.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/NVDA.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/NVDA.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).