# P: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 140.14 |
| Delta neutral (USD/share) | 109.35 |
| Gamma neutral (USD/share) | 114.11 |
| Gamma max (USD/share) | 142.38 |
| Open interest (contracts) | 132,413 |
| Nearest-expiration max pain (USD/share) | 110.00 (2026-10-16) |
| All-expiration max pain (USD/share) | 95.00 |
| Net gamma exposure | 3,577,992 |
| Confirmed GEX flip (USD/share) | 114.11 |
| Call wall (USD/share) | 140.00 |
| Put wall (USD/share) | 130.00 |
| Put/call open-interest ratio | 0.76 |
| Options catalyst-intensity score (0–100) | 42.1 |
| Options directional score (-100 to +100) | -10.8 |
| IV rank | 22.2 |
| Front ATM IV | +60.7% |
| Front-minus-back IV | -11.7 pp |
| Front expected move | +11.9% |
| Front ATM straddle / spot | +9.1% |
| Front 25-delta risk reversal | 0.9 pp |
| Call OI change, 1 session | +879 contracts · +1.2% |
| Put OI change, 1 session | +343 contracts · +0.6% |
| Call minus put OI growth, 1 session | +0.6 pp |
| Call OI change, 5 sessions | +3,141 contracts · +4.4% |
| Put OI change, 5 sessions | +3,604 contracts · +6.7% |
| Call minus put OI growth, 5 sessions | -2.3 pp |
| Daily call OI change surprise | — (115 prior changes) |
| Daily put OI change surprise | — (115 prior changes) |
| Daily call-minus-put growth surprise | — (115 prior changes) |
| Daily open interest change (contracts) | 1,222 |
| Daily open interest change z-score (prior 252) | — |
| Gamma max distance from close | +1.6% |
| Delta neutral distance from close | -22.0% |
| Prior-year sessions closer to gamma max | 2.6% of 116 |
| Prior-year sessions closer to delta neutral | 70.7% of 116 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 3 | +3.4% | -0.4% to +7.5% | 67% | — | – |
| above | Day +3 | 3 | +6.7% | +1.3% to +13.2% | 67% | — | – |
| above | Day +5 | 3 | +10.0% | -0.7% to +14.7% | 67% | — | – |
| above | Day +10 | 2 | +2.1% | +1.9% to +2.3% | 100% | — | – |
| below | Day +1 | 3 | +1.6% | -0.1% to +2.1% | 67% | — | – |
| below | Day +3 | 3 | -2.5% | -6.4% to +0.7% | 33% | — | – |
| below | Day +5 | 3 | -3.0% | -6.1% to +4.1% | 33% | — | – |
| below | Day +10 | 2 | -7.2% | -12.3% to -2.1% | 50% | — | – |

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/P.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/P.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/P.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).