# PCT: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 4.39 |
| Delta neutral (USD/share) | 3.80 |
| Gamma neutral (USD/share) | 4.39 |
| Gamma max (USD/share) | 5.84 |
| Open interest (contracts) | 521,199 |
| Nearest-expiration max pain (USD/share) | 5.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 6.00 |
| Net gamma exposure | 7,597,622 |
| Call wall (USD/share) | 10.00 |
| Put wall (USD/share) | 5.00 |
| Put/call open-interest ratio | 0.29 |
| Options catalyst-intensity score (0–100) | 47.4 |
| Options directional score (-100 to +100) | 34.2 |
| IV rank | 62.1 |
| Front ATM IV | +91.6% |
| Front-minus-back IV | -17.4 pp |
| Front expected move | +12.7% |
| Front ATM straddle / spot | +9.7% |
| Front 25-delta risk reversal | -31.3 pp |
| Call OI change, 1 session | +3,226 contracts · +0.8% |
| Put OI change, 1 session | +592 contracts · +0.5% |
| Call minus put OI growth, 1 session | +0.3 pp |
| Call OI change, 5 sessions | +40,379 contracts · +11.1% |
| Put OI change, 5 sessions | +9,237 contracts · +8.5% |
| Call minus put OI growth, 5 sessions | +2.7 pp |
| Daily call OI change surprise | +0.21σ (252 prior changes) |
| Daily put OI change surprise | +0.08σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.06σ (252 prior changes) |
| Daily open interest change (contracts) | 3,818 |
| Daily open interest change z-score (prior 252) | +0.17σ (252 prior changes) |
| Gamma max distance from close | +33.0% |
| Delta neutral distance from close | -13.4% |
| Prior-year sessions closer to gamma max | 79.8% of 252 |
| Prior-year sessions closer to delta neutral | 27.4% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 45 | +1.3% | -2.0% to +4.1% | 58% | -0.7% to +3.6% | 0.0% |
| above | Day +3 | 45 | +2.0% | -7.1% to +7.2% | 62% | 0.0% to +3.9% | 0.0% |
| above | Day +5 | 45 | +2.6% | -5.9% to +9.7% | 56% | -2.4% to +6.0% | 0.0% |
| above | Day +10 | 45 | +6.7% | -8.3% to +15.7% | 60% | -2.1% to +11.5% | 0.0% |
| below | Day +1 | 52 | -0.4% | -3.1% to +2.7% | 44% | -1.6% to +1.6% | 0.0% |
| below | Day +3 | 52 | +2.2% | -4.3% to +8.3% | 58% | -1.2% to +4.3% | 0.0% |
| below | Day +5 | 52 | +1.6% | -6.5% to +9.1% | 58% | -1.3% to +6.3% | 0.0% |
| below | Day +10 | 52 | -0.9% | -10.2% to +17.5% | 48% | -5.3% to +10.5% | 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/PCT.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/PCT.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/PCT.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).