# TMC: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 3.79 |
| Delta neutral (USD/share) | 2.07 |
| Gamma neutral (USD/share) | 2.85 |
| Gamma max (USD/share) | 4.48 |
| Open interest (contracts) | 424,756 |
| Nearest-expiration max pain (USD/share) | 4.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 4.00 |
| Net gamma exposure | 14,118,928 |
| Confirmed GEX flip (USD/share) | 2.85 |
| Call wall (USD/share) | 5.00 |
| Put wall (USD/share) | 4.00 |
| Put/call open-interest ratio | 0.14 |
| Options catalyst-intensity score (0–100) | 64.7 |
| Options directional score (-100 to +100) | 34.7 |
| IV rank | 100.0 |
| Front ATM IV | – |
| Front-minus-back IV | – pp |
| Front expected move | – |
| Front ATM straddle / spot | – |
| Front 25-delta risk reversal | -7.6 pp |
| Call OI change, 1 session | -3,060 contracts · -0.8% |
| Put OI change, 1 session | -244 contracts · -0.5% |
| Call minus put OI growth, 1 session | -0.4 pp |
| Call OI change, 5 sessions | +7,355 contracts · +2.0% |
| Put OI change, 5 sessions | +2,700 contracts · +5.4% |
| Call minus put OI growth, 5 sessions | -3.4 pp |
| Daily call OI change surprise | -0.15σ (252 prior changes) |
| Daily put OI change surprise | -0.03σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.06σ (252 prior changes) |
| Daily open interest change (contracts) | -3,304 |
| Daily open interest change z-score (prior 252) | -0.14σ (252 prior changes) |
| Gamma max distance from close | +18.2% |
| Delta neutral distance from close | -45.5% |
| Prior-year sessions closer to gamma max | 57.1% of 252 |
| Prior-year sessions closer to delta neutral | 70.2% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 46 | -1.4% | -4.0% to +0.9% | 26% | -3.0% to -0.5% | -0.5% |
| above | Day +3 | 46 | -2.3% | -7.7% to +7.5% | 39% | -5.6% to +0.8% | 0.0% |
| above | Day +5 | 46 | -2.0% | -12.7% to +7.8% | 43% | -7.4% to +3.9% | 0.0% |
| above | Day +10 | 46 | -5.4% | -20.0% to +8.2% | 43% | -14.4% to +4.3% | 0.0% |
| below | Day +1 | 58 | +0.3% | -3.8% to +6.5% | 50% | -1.2% to +1.8% | 0.0% |
| below | Day +3 | 58 | -1.7% | -8.1% to +9.0% | 45% | -4.7% to +3.4% | 0.0% |
| below | Day +5 | 58 | -1.3% | -10.1% to +5.7% | 48% | -5.7% to +3.1% | 0.0% |
| below | Day +10 | 58 | -5.5% | -19.2% to +11.6% | 36% | -10.2% to -0.9% | -0.9% |

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/TMC.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/TMC.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/TMC.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).