# SPOT: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 472.89 |
| Delta neutral (USD/share) | 497.31 |
| Gamma neutral (USD/share) | 494.06 |
| Gamma max (USD/share) | 583.56 |
| Open interest (contracts) | 108,745 |
| Nearest-expiration max pain (USD/share) | 510.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 510.00 |
| Net gamma exposure | -2,367,788 |
| Confirmed GEX flip (USD/share) | 494.06 |
| Call wall (USD/share) | 500.00 |
| Put wall (USD/share) | 450.00 |
| Put/call open-interest ratio | 0.93 |
| Options catalyst-intensity score (0–100) | 44.8 |
| Options directional score (-100 to +100) | -7.0 |
| IV rank | 100.0 |
| Front ATM IV | +40.8% |
| Front-minus-back IV | -6.9 pp |
| Front expected move | +5.7% |
| Front ATM straddle / spot | +4.4% |
| Front 25-delta risk reversal | -1.6 pp |
| Call OI change, 1 session | -2,025 contracts · -3.5% |
| Put OI change, 1 session | -1,845 contracts · -3.4% |
| Call minus put OI growth, 1 session | -0.1 pp |
| Call OI change, 5 sessions | +2,705 contracts · +5.1% |
| Put OI change, 5 sessions | +2,908 contracts · +5.9% |
| Call minus put OI growth, 5 sessions | -0.8 pp |
| Daily call OI change surprise | -0.31σ (252 prior changes) |
| Daily put OI change surprise | -0.31σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.09σ (252 prior changes) |
| Daily open interest change (contracts) | -3,870 |
| Daily open interest change z-score (prior 252) | -0.32σ (252 prior changes) |
| Gamma max distance from close | +23.4% |
| Delta neutral distance from close | +5.2% |
| Prior-year sessions closer to gamma max | 90.1% of 252 |
| Prior-year sessions closer to delta neutral | 74.6% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 23 | +0.2% | -1.4% to +1.4% | 57% | -0.4% to +0.8% | 0.0% |
| above | Day +3 | 23 | +0.9% | -2.1% to +4.1% | 65% | -1.7% to +3.3% | 0.0% |
| above | Day +5 | 23 | +1.3% | -2.5% to +3.4% | 65% | -1.5% to +3.1% | 0.0% |
| above | Day +10 | 23 | +0.2% | -5.2% to +8.1% | 52% | -4.3% to +4.9% | 0.0% |
| below | Day +1 | 22 | +0.3% | -0.6% to +1.9% | 59% | -0.6% to +1.4% | 0.0% |
| below | Day +3 | 22 | +1.8% | -1.1% to +3.8% | 64% | -0.6% to +3.6% | 0.0% |
| below | Day +5 | 22 | +0.8% | -1.7% to +3.0% | 55% | -1.4% to +2.2% | 0.0% |
| below | Day +10 | 22 | +0.2% | -2.8% to +6.5% | 50% | -2.1% to +5.1% | 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/SPOT.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/SPOT.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/SPOT.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).