# SRAD: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 11.76 |
| Delta neutral (USD/share) | 10.03 |
| Gamma neutral (USD/share) | 8.99 |
| Gamma max (USD/share) | 14.69 |
| Open interest (contracts) | 146,634 |
| Nearest-expiration max pain (USD/share) | 12.50 (2026-10-16) |
| All-expiration max pain (USD/share) | 10.00 |
| Net gamma exposure | 4,930,879 |
| Confirmed GEX flip (USD/share) | 8.99 |
| Call wall (USD/share) | 15.00 |
| Put wall (USD/share) | 10.00 |
| Put/call open-interest ratio | 0.30 |
| Options catalyst-intensity score (0–100) | 47.8 |
| Options directional score (-100 to +100) | -2.3 |
| IV rank | 100.0 |
| Front ATM IV | – |
| Front-minus-back IV | – pp |
| Front expected move | – |
| Front ATM straddle / spot | – |
| Front 25-delta risk reversal | 8.4 pp |
| Call OI change, 1 session | +12 contracts · +0.0% |
| Put OI change, 1 session | -57 contracts · -0.2% |
| Call minus put OI growth, 1 session | +0.2 pp |
| Call OI change, 5 sessions | +1,481 contracts · +1.3% |
| Put OI change, 5 sessions | +269 contracts · +0.8% |
| Call minus put OI growth, 5 sessions | +0.5 pp |
| Daily call OI change surprise | -0.06σ (252 prior changes) |
| Daily put OI change surprise | -0.04σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.04σ (252 prior changes) |
| Daily open interest change (contracts) | -45 |
| Daily open interest change z-score (prior 252) | -0.06σ (252 prior changes) |
| Gamma max distance from close | +24.9% |
| Delta neutral distance from close | -14.7% |
| Prior-year sessions closer to gamma max | 88.5% of 252 |
| Prior-year sessions closer to delta neutral | 46.8% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 49 | -0.1% | -1.9% to +1.0% | 43% | -0.6% to +0.3% | 0.0% |
| above | Day +3 | 49 | -1.7% | -2.8% to +0.8% | 31% | -2.4% to -0.3% | -0.3% |
| above | Day +5 | 49 | -1.3% | -3.6% to +2.2% | 39% | -2.3% to +0.2% | 0.0% |
| above | Day +10 | 49 | +0.6% | -8.4% to +4.4% | 51% | -3.5% to +2.0% | 0.0% |
| below | Day +1 | 52 | +0.2% | -1.3% to +1.3% | 54% | -0.7% to +0.8% | 0.0% |
| below | Day +3 | 52 | +0.2% | -2.8% to +2.8% | 56% | -0.5% to +1.5% | 0.0% |
| below | Day +5 | 52 | +0.7% | -2.8% to +2.7% | 54% | -1.0% to +1.9% | 0.0% |
| below | Day +10 | 52 | +0.7% | -5.5% to +5.6% | 52% | -2.9% to +2.9% | 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/SRAD.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/SRAD.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/SRAD.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).