# ORCL: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 142.52 |
| Delta neutral (USD/share) | 147.40 |
| Gamma neutral (USD/share) | 139.89 |
| Gamma max (USD/share) | 165.90 |
| Open interest (contracts) | 3,216,750 |
| Nearest-expiration max pain (USD/share) | 143.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 152.50 |
| Net gamma exposure | 16,174,195 |
| Confirmed GEX flip (USD/share) | 139.89 |
| Call wall (USD/share) | 150.00 |
| Put wall (USD/share) | 140.00 |
| Put/call open-interest ratio | 0.88 |
| Options catalyst-intensity score (0–100) | 45.6 |
| Options directional score (-100 to +100) | -16.7 |
| IV rank | 19.0 |
| Front ATM IV | +50.5% |
| Front-minus-back IV | -1.5 pp |
| Front expected move | +7.0% |
| Front ATM straddle / spot | +5.2% |
| Front 25-delta risk reversal | 1.6 pp |
| Call OI change, 1 session | -150,549 contracts · -8.1% |
| Put OI change, 1 session | -58,187 contracts · -3.7% |
| Call minus put OI growth, 1 session | -4.4 pp |
| Call OI change, 5 sessions | +163,357 contracts · +10.6% |
| Put OI change, 5 sessions | +51,064 contracts · +3.5% |
| Call minus put OI growth, 5 sessions | +7.1 pp |
| Daily call OI change surprise | -1.77σ (252 prior changes) |
| Daily put OI change surprise | -1.06σ (252 prior changes) |
| Daily call-minus-put growth surprise | -1.54σ (252 prior changes) |
| Daily open interest change (contracts) | -208,736 |
| Daily open interest change z-score (prior 252) | -1.52σ (252 prior changes) |
| Gamma max distance from close | +16.4% |
| Delta neutral distance from close | +3.4% |
| Prior-year sessions closer to gamma max | 40.5% of 252 |
| Prior-year sessions closer to delta neutral | 23.4% 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 | +0.2% | -0.4% to +0.9% | 60% | -0.1% to +0.4% | 0.0% |
| above | Day +3 | 42 | +0.4% | -1.0% to +1.9% | 55% | -0.4% to +1.5% | 0.0% |
| above | Day +5 | 42 | -0.3% | -2.7% to +2.5% | 48% | -1.8% to +0.5% | 0.0% |
| above | Day +10 | 42 | -0.2% | -3.2% to +2.7% | 48% | -1.8% to +1.4% | 0.0% |
| below | Day +1 | 44 | -0.1% | -0.8% to +0.7% | 48% | -0.5% to +0.2% | 0.0% |
| below | Day +3 | 44 | +0.7% | -1.6% to +2.0% | 57% | -0.7% to +1.7% | 0.0% |
| below | Day +5 | 44 | +0.6% | -1.1% to +2.8% | 64% | +0.2% to +1.1% | +0.2% |
| below | Day +10 | 44 | -0.3% | -3.5% to +3.9% | 45% | -1.6% to +1.7% | 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/ORCL.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/ORCL.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/ORCL.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).