# NVTS: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 12.40 |
| Delta neutral (USD/share) | 10.23 |
| Gamma neutral (USD/share) | 4.50 |
| Gamma max (USD/share) | 13.76 |
| Open interest (contracts) | 479,969 |
| Nearest-expiration max pain (USD/share) | 11.50 (2026-10-09) |
| All-expiration max pain (USD/share) | 11.00 |
| Net gamma exposure | 16,349,087 |
| Confirmed GEX flip (USD/share) | 4.50 |
| Call wall (USD/share) | 14.00 |
| Put wall (USD/share) | 13.00 |
| Put/call open-interest ratio | 0.37 |
| Options catalyst-intensity score (0–100) | 46.9 |
| Options directional score (-100 to +100) | 24.0 |
| IV rank | 90.5 |
| Front ATM IV | +79.5% |
| Front-minus-back IV | -12.4 pp |
| Front expected move | +11.0% |
| Front ATM straddle / spot | +8.2% |
| Front 25-delta risk reversal | -5.3 pp |
| Call OI change, 1 session | -29,542 contracts · -7.8% |
| Put OI change, 1 session | -10,663 contracts · -7.6% |
| Call minus put OI growth, 1 session | -0.2 pp |
| Call OI change, 5 sessions | +15,015 contracts · +4.5% |
| Put OI change, 5 sessions | +16,193 contracts · +14.3% |
| Call minus put OI growth, 5 sessions | -9.8 pp |
| Daily call OI change surprise | -1.34σ (252 prior changes) |
| Daily put OI change surprise | -0.92σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.04σ (252 prior changes) |
| Daily open interest change (contracts) | -40,205 |
| Daily open interest change z-score (prior 252) | -1.23σ (252 prior changes) |
| Gamma max distance from close | +10.9% |
| Delta neutral distance from close | -17.5% |
| Prior-year sessions closer to gamma max | 36.5% of 252 |
| Prior-year sessions closer to delta neutral | 30.2% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 38 | -1.0% | -4.5% to +2.3% | 39% | -3.6% to +1.5% | 0.0% |
| above | Day +3 | 38 | -1.4% | -5.7% to +3.9% | 45% | -3.1% to +1.6% | 0.0% |
| above | Day +5 | 38 | -2.0% | -8.8% to +4.5% | 42% | -7.3% to +1.8% | 0.0% |
| above | Day +10 | 38 | +1.2% | -7.8% to +12.4% | 55% | -4.3% to +4.9% | 0.0% |
| below | Day +1 | 46 | +0.0% | -3.2% to +3.7% | 50% | -1.9% to +1.3% | 0.0% |
| below | Day +3 | 46 | -1.3% | -9.2% to +4.6% | 39% | -6.4% to +0.7% | 0.0% |
| below | Day +5 | 46 | +1.0% | -9.2% to +8.6% | 52% | -5.8% to +4.9% | 0.0% |
| below | Day +10 | 46 | +2.2% | -10.5% to +10.9% | 59% | -3.8% 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/NVTS.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/NVTS.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/NVTS.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).