# ROKU: options-positioning snapshot

Canonical: https://halfonadouble.com/stock/ROKU
Data through: 2026-11-13 close
Publisher: Half on a Double

| Published field | Value |
| --- | --- |
| Close (USD/share) | 159.93 |
| Delta neutral (USD/share) | 135.34 |
| Gamma neutral (USD/share) | 129.80 |
| Gamma max (USD/share) | 160.49 |
| Open interest (contracts) | 101,002 |
| Nearest-expiration max pain (USD/share) | 150.00 (2026-11-20) |
| All-expiration max pain (USD/share) | 100.00 |
| Net gamma exposure | 7,390,305 |
| Confirmed GEX flip (USD/share) | 129.80 |
| Call wall (USD/share) | 160.00 |
| Put wall (USD/share) | 130.00 |
| Put/call open-interest ratio | 0.83 |
| Net GEX sign history | positive for the last 161 sessions; negative on 9 of the past 252 |
| Max pain expiration record (past 252 sessions) | expiration close nearer the prior-session max pain on 5 of 53 expirations (9%); median distance 7.96% vs 1.10% for an unchanged prior close |
| Options catalyst-intensity score (0–100) | 63.7 |
| Options directional score (-100 to +100) | -20.6 |
| IV rank | 82.2 |
| Front-minus-back IV | 14.2 pp |
| Front 25-delta risk reversal | 7.3 pp |
| Call OI change, 1 session | -839 contracts · -1.5% |
| Put OI change, 1 session | -1,140 contracts · -2.4% |
| Call minus put OI growth, 1 session | +0.9 pp |
| Call OI change, 5 sessions | -553 contracts · -1.0% |
| Put OI change, 5 sessions | +361 contracts · +0.8% |
| Call minus put OI growth, 5 sessions | -1.8 pp |
| Daily call OI change surprise | -0.11σ (252 prior changes) |
| Daily put OI change surprise | -0.16σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.17σ (252 prior changes) |
| Daily open interest change (contracts) | -1,979 |
| Daily open interest change z-score (prior 252) | -0.14σ (252 prior changes) |
| Gamma max distance from close | +0.4% |
| Delta neutral distance from close | -15.4% |
| Prior-year sessions closer to gamma max | 1.6% of 252 |
| Prior-year sessions closer to delta neutral | 96.8% of 252 |

## Recent expirations vs max pain

| Expiration | Max pain (session before) | Prior close | Expiration close | Close vs max pain | Nearer |
| --- | ---: | ---: | ---: | ---: | --- |
| 2026-11-13 | 152.50 | 159.93 | 159.93 | +4.65% | Prior close |
| 2026-11-06 | 150.00 | 160.37 | 160.52 | +6.56% | Prior close |
| 2026-10-30 | 105.00 | 156.33 | 155.12 | +32.06% | Prior close |
| 2026-10-23 | 142.00 | 160.06 | 158.58 | +10.36% | Prior close |
| 2026-10-16 | 140.00 | 154.67 | 154.54 | +9.40% | Prior close |
| 2026-10-09 | 147.00 | 153.81 | 152.85 | +3.80% | Prior close |
| 2026-10-02 | 110.00 | 151.26 | 152.39 | +28.02% | Prior close |
| 2026-09-25 | 100.00 | 153.33 | 152.68 | +34.36% | Prior close |
| 2026-09-18 | 120.00 | 154.08 | 153.64 | +21.83% | Prior close |
| 2026-09-11 | 131.00 | 154.12 | 154.93 | +15.53% | Prior close |

Each expiration compares the last session before it, when it was the nearest expiration, with the expiration-session close; distances are percentages of that prior close. Underlying closes are not option settlement values. Descriptive history, not a forecast.

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 13 | +0.8% | -1.1% to +3.8% | 69% | -1.1% to +3.8% | 0.0% |
| above | Day +3 | 13 | +0.7% | -1.1% to +1.8% | 69% | -1.1% to +1.8% | 0.0% |
| above | Day +5 | 13 | -0.6% | -2.2% to +1.8% | 46% | -2.2% to +1.8% | 0.0% |
| above | Day +10 | 13 | -0.0% | -5.4% to +3.8% | 46% | -5.4% to +3.8% | 0.0% |
| below | Day +1 | 17 | -0.4% | -1.3% to +1.3% | 41% | -1.3% to +1.3% | 0.0% |
| below | Day +3 | 17 | -0.6% | -2.3% to +1.6% | 41% | -2.3% to +1.6% | 0.0% |
| below | Day +5 | 17 | -1.6% | -3.6% to +1.8% | 41% | -3.6% to +1.8% | 0.0% |
| below | Day +10 | 17 | -0.0% | -6.4% to +6.9% | 47% | -6.4% to +6.9% | 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/ROKU.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/ROKU.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/ROKU.json?date=2026-11-13&public_schema=5)

An em dash means unavailable, not zero. Values use the same display rounding as the HTML page. This is a current snapshot; the 60-session close-versus-max-pain chart, full history and individual event paths are on the canonical page.

[Definitions and limitations](https://halfonadouble.com/methodology.md).