# SNDL: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 1.24 |
| Delta neutral (USD/share) | 1.44 |
| Gamma neutral (USD/share) | 1.05 |
| Gamma max (USD/share) | 1.60 |
| Open interest (contracts) | 143,653 |
| Nearest-expiration max pain (USD/share) | 1.50 (2026-10-16) |
| All-expiration max pain (USD/share) | 2.00 |
| Net gamma exposure | 810,315 |
| Confirmed GEX flip (USD/share) | 1.05 |
| Call wall (USD/share) | 1.50 |
| Put wall (USD/share) | 1.50 |
| Put/call open-interest ratio | 0.61 |
| Options catalyst-intensity score (0–100) | 46.0 |
| Options directional score (-100 to +100) | -19.0 |
| IV rank | 52.6 |
| Front ATM IV | – |
| Front-minus-back IV | – pp |
| Front expected move | – |
| Front ATM straddle / spot | – |
| Front 25-delta risk reversal | 18.6 pp |
| Call OI change, 1 session | +133 contracts · +0.1% |
| Put OI change, 1 session | -31 contracts · -0.1% |
| Call minus put OI growth, 1 session | +0.2 pp |
| Call OI change, 5 sessions | +309 contracts · +0.3% |
| Put OI change, 5 sessions | +1,072 contracts · +2.0% |
| Call minus put OI growth, 5 sessions | -1.7 pp |
| Daily call OI change surprise | +0.03σ (252 prior changes) |
| Daily put OI change surprise | -0.06σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.05σ (252 prior changes) |
| Daily open interest change (contracts) | 102 |
| Daily open interest change z-score (prior 252) | +0.02σ (252 prior changes) |
| Gamma max distance from close | +28.7% |
| Delta neutral distance from close | +16.5% |
| Prior-year sessions closer to gamma max | 70.2% of 252 |
| Prior-year sessions closer to delta neutral | 86.1% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 40 | -1.2% | -4.2% to +0.9% | 30% | -2.8% to 0.0% | 0.0% |
| above | Day +3 | 40 | -0.6% | -4.5% to +6.3% | 48% | -1.9% to +3.7% | 0.0% |
| above | Day +5 | 40 | -0.9% | -3.7% to +8.6% | 45% | -2.8% to +2.8% | 0.0% |
| above | Day +10 | 40 | -0.2% | -7.8% to +10.3% | 50% | -4.6% to +6.1% | 0.0% |
| below | Day +1 | 37 | 0.0% | -3.0% to +4.2% | 49% | -1.8% to +2.7% | 0.0% |
| below | Day +3 | 37 | +0.8% | -5.2% to +9.4% | 54% | -1.3% to +5.5% | 0.0% |
| below | Day +5 | 37 | +3.5% | -3.2% to +11.4% | 65% | +0.8% to +7.2% | +0.8% |
| below | Day +10 | 37 | +0.4% | -6.3% to +16.3% | 51% | -2.4% 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/SNDL.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/SNDL.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/SNDL.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).