# PCG: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 12.32 |
| Delta neutral (USD/share) | 11.96 |
| Gamma neutral (USD/share) | 8.82 |
| Gamma max (USD/share) | 16.01 |
| Open interest (contracts) | 2,203,239 |
| Nearest-expiration max pain (USD/share) | 12.50 (2026-10-09) |
| All-expiration max pain (USD/share) | 14.00 |
| Net gamma exposure | 73,265,154 |
| Confirmed GEX flip (USD/share) | 8.82 |
| Call wall (USD/share) | 14.00 |
| Put wall (USD/share) | 13.00 |
| Put/call open-interest ratio | 0.21 |
| Options catalyst-intensity score (0–100) | 44.6 |
| Options directional score (-100 to +100) | 32.9 |
| IV rank | 27.0 |
| Front ATM IV | +39.1% |
| Front-minus-back IV | -9.4 pp |
| Front expected move | +5.4% |
| Front ATM straddle / spot | +4.8% |
| Front 25-delta risk reversal | -7.7 pp |
| Call OI change, 1 session | +18,914 contracts · +1.0% |
| Put OI change, 1 session | -10,861 contracts · -2.8% |
| Call minus put OI growth, 1 session | +3.8 pp |
| Call OI change, 5 sessions | +129,144 contracts · +7.6% |
| Put OI change, 5 sessions | +11,981 contracts · +3.3% |
| Call minus put OI growth, 5 sessions | +4.3 pp |
| Daily call OI change surprise | +0.17σ (252 prior changes) |
| Daily put OI change surprise | -0.58σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.44σ (252 prior changes) |
| Daily open interest change (contracts) | 8,053 |
| Daily open interest change z-score (prior 252) | +0.05σ (252 prior changes) |
| Gamma max distance from close | +30.0% |
| Delta neutral distance from close | -3.0% |
| Prior-year sessions closer to gamma max | 92.9% of 252 |
| Prior-year sessions closer to delta neutral | 6.0% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 32 | -0.1% | -0.5% to +0.7% | 44% | -0.4% to +0.5% | 0.0% |
| above | Day +3 | 32 | +0.5% | -0.9% to +2.0% | 66% | -0.2% to +1.6% | 0.0% |
| above | Day +5 | 32 | +1.1% | -1.3% to +3.0% | 56% | -0.6% to +2.7% | 0.0% |
| above | Day +10 | 32 | +0.5% | -1.1% to +4.2% | 56% | -0.8% to +3.8% | 0.0% |
| below | Day +1 | 29 | 0.0% | -0.5% to +1.2% | 48% | -0.4% to +1.0% | 0.0% |
| below | Day +3 | 29 | +0.8% | -0.4% to +1.5% | 62% | -0.3% to +1.3% | 0.0% |
| below | Day +5 | 29 | +0.8% | -1.9% to +2.8% | 59% | -0.9% to +1.7% | 0.0% |
| below | Day +10 | 29 | +1.0% | -2.4% to +5.0% | 66% | -0.4% to +4.7% | 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/PCG.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/PCG.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/PCG.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).