# PGY: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 17.98 |
| Delta neutral (USD/share) | 16.04 |
| Gamma neutral (USD/share) | 9.90 |
| Gamma max (USD/share) | 20.83 |
| Open interest (contracts) | 128,095 |
| Nearest-expiration max pain (USD/share) | 20.00 (2026-10-16) |
| All-expiration max pain (USD/share) | 18.00 |
| Net gamma exposure | 3,023,143 |
| Confirmed GEX flip (USD/share) | 9.90 |
| Call wall (USD/share) | 18.00 |
| Put wall (USD/share) | 18.00 |
| Put/call open-interest ratio | 0.43 |
| Options catalyst-intensity score (0–100) | 37.2 |
| Options directional score (-100 to +100) | 12.2 |
| IV rank | 14.8 |
| Front ATM IV | +63.8% |
| Front-minus-back IV | -14.5 pp |
| Front expected move | +12.5% |
| Front ATM straddle / spot | +9.6% |
| Front 25-delta risk reversal | -0.9 pp |
| Call OI change, 1 session | +310 contracts · +0.3% |
| Put OI change, 1 session | +218 contracts · +0.6% |
| Call minus put OI growth, 1 session | -0.2 pp |
| Call OI change, 5 sessions | +6,562 contracts · +7.9% |
| Put OI change, 5 sessions | +4,892 contracts · +14.4% |
| Call minus put OI growth, 5 sessions | -6.5 pp |
| Daily call OI change surprise | +0.04σ (252 prior changes) |
| Daily put OI change surprise | +0.04σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.00σ (252 prior changes) |
| Daily open interest change (contracts) | 528 |
| Daily open interest change z-score (prior 252) | +0.04σ (252 prior changes) |
| Gamma max distance from close | +15.9% |
| Delta neutral distance from close | -10.8% |
| Prior-year sessions closer to gamma max | 29.8% of 252 |
| Prior-year sessions closer to delta neutral | 37.3% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 29 | +1.9% | -1.8% to +5.2% | 66% | -0.9% to +3.6% | 0.0% |
| above | Day +3 | 29 | +3.0% | -5.5% to +5.2% | 55% | -3.7% to +4.4% | 0.0% |
| above | Day +5 | 29 | +0.1% | -1.5% to +3.6% | 52% | -1.0% to +1.4% | 0.0% |
| above | Day +10 | 29 | +5.1% | -11.0% to +14.0% | 62% | -5.8% to +10.8% | 0.0% |
| below | Day +1 | 31 | +0.4% | -4.3% to +2.2% | 52% | -2.0% to +1.1% | 0.0% |
| below | Day +3 | 31 | +0.8% | -4.7% to +5.4% | 52% | -1.3% to +3.4% | 0.0% |
| below | Day +5 | 31 | -0.1% | -7.1% to +5.3% | 48% | -5.7% to +4.0% | 0.0% |
| below | Day +10 | 30 | +6.2% | -4.5% to +16.8% | 63% | -2.7% to +13.7% | 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/PGY.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/PGY.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/PGY.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).