# SOUN: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 5.84 |
| Delta neutral (USD/share) | 5.94 |
| Gamma neutral (USD/share) | 0.96 |
| Gamma max (USD/share) | 7.10 |
| Open interest (contracts) | 607,031 |
| Nearest-expiration max pain (USD/share) | 6.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 7.00 |
| Net gamma exposure | 10,090,852 |
| Confirmed GEX flip (USD/share) | 0.96 |
| Call wall (USD/share) | 7.00 |
| Put wall (USD/share) | 6.00 |
| Put/call open-interest ratio | 0.34 |
| Options catalyst-intensity score (0–100) | 37.3 |
| Options directional score (-100 to +100) | 13.0 |
| IV rank | 71.6 |
| Front ATM IV | +54.9% |
| Front-minus-back IV | -12.3 pp |
| Front expected move | +7.6% |
| Front ATM straddle / spot | +6.1% |
| Front 25-delta risk reversal | 0.2 pp |
| Call OI change, 1 session | -23,247 contracts · -4.9% |
| Put OI change, 1 session | -5,007 contracts · -3.2% |
| Call minus put OI growth, 1 session | -1.7 pp |
| Call OI change, 5 sessions | +6,086 contracts · +1.4% |
| Put OI change, 5 sessions | +6,046 contracts · +4.1% |
| Call minus put OI growth, 5 sessions | -2.8 pp |
| Daily call OI change surprise | -0.47σ (252 prior changes) |
| Daily put OI change surprise | -0.15σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.37σ (252 prior changes) |
| Daily open interest change (contracts) | -28,254 |
| Daily open interest change z-score (prior 252) | -0.36σ (252 prior changes) |
| Gamma max distance from close | +21.7% |
| Delta neutral distance from close | +1.7% |
| Prior-year sessions closer to gamma max | 82.1% of 252 |
| Prior-year sessions closer to delta neutral | 12.3% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 35 | -0.9% | -3.7% to +2.3% | 40% | -1.9% to +1.3% | 0.0% |
| above | Day +3 | 35 | -2.1% | -8.8% to +5.4% | 37% | -6.8% to +1.7% | 0.0% |
| above | Day +5 | 35 | -1.9% | -9.2% to +4.9% | 37% | -6.2% to +1.4% | 0.0% |
| above | Day +10 | 35 | -1.8% | -12.9% to +12.6% | 46% | -9.2% to +5.4% | 0.0% |
| below | Day +1 | 41 | -1.2% | -5.3% to +2.7% | 39% | -3.4% to +1.1% | 0.0% |
| below | Day +3 | 41 | -2.0% | -8.1% to +8.3% | 44% | -4.9% to +1.8% | 0.0% |
| below | Day +5 | 41 | -1.2% | -10.7% to +4.4% | 44% | -8.6% to +2.7% | 0.0% |
| below | Day +10 | 41 | -2.8% | -10.9% to +8.6% | 41% | -6.9% to +4.4% | 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/SOUN.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/SOUN.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/SOUN.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).