# TTMI: options-positioning snapshot

Canonical: https://halfonadouble.com/stock/TTMI
Data through: 2026-11-13 close
Publisher: Half on a Double

| Published field | Value |
| --- | --- |
| Close (USD/share) | 74.08 |
| Delta neutral (USD/share) | 76.25 |
| Gamma neutral (USD/share) | 74.08 |
| Gamma max (USD/share) | 100.75 |
| Open interest (contracts) | 105,474 |
| Nearest-expiration max pain (USD/share) | 85.00 (2026-11-20) |
| All-expiration max pain (USD/share) | 85.00 |
| Net gamma exposure | 967,900 |
| Call wall (USD/share) | 80.00 |
| Put wall (USD/share) | 75.00 |
| Put/call open-interest ratio | 0.52 |
| Net GEX sign history | positive for the last 5 sessions; negative on 7 of the past 252 |
| Max pain expiration record (past 252 sessions) | expiration close nearer the prior-session max pain on 2 of 12 expirations (17%); median distance 17.45% vs 4.13% for an unchanged prior close |
| Options catalyst-intensity score (0–100) | 46.6 |
| Options directional score (-100 to +100) | 12.4 |
| IV rank | 5.4 |
| Front-minus-back IV | 19.8 pp |
| Front 25-delta risk reversal | -0.8 pp |
| Call OI change, 1 session | +426 contracts · +0.6% |
| Put OI change, 1 session | -45 contracts · -0.1% |
| Call minus put OI growth, 1 session | +0.7 pp |
| Call OI change, 5 sessions | +9,696 contracts · +16.2% |
| Put OI change, 5 sessions | +2,619 contracts · +7.8% |
| Call minus put OI growth, 5 sessions | +8.4 pp |
| Daily call OI change surprise | +0.08σ (252 prior changes) |
| Daily put OI change surprise | -0.08σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.15σ (252 prior changes) |
| Daily open interest change (contracts) | 381 |
| Daily open interest change z-score (prior 252) | +0.02σ (252 prior changes) |
| Gamma max distance from close | +36.0% |
| Delta neutral distance from close | +2.9% |
| Prior-year sessions closer to gamma max | 94.8% of 252 |
| Prior-year sessions closer to delta neutral | 2.4% of 252 |

## Recent expirations vs max pain

| Expiration | Max pain (session before) | Prior close | Expiration close | Close vs max pain | Nearer |
| --- | ---: | ---: | ---: | ---: | --- |
| 2026-10-16 | 110.00 | 101.36 | 93.88 | -15.90% | Prior close |
| 2026-09-18 | 115.00 | 114.77 | 117.97 | +2.59% | Max pain |
| 2026-08-21 | 110.00 | 114.38 | 110.54 | +0.47% | Max pain |
| 2026-07-17 | 160.00 | 130.14 | 132.00 | -21.52% | Prior close |
| 2026-06-18 | 130.00 | 202.83 | 216.66 | +42.73% | Prior close |
| 2026-05-15 | 135.00 | 171.87 | 167.35 | +18.82% | Prior close |
| 2026-04-17 | 105.00 | 116.93 | 126.24 | +18.16% | Prior close |
| 2026-03-20 | 75.00 | 97.08 | 91.54 | +17.04% | Prior close |
| 2026-02-20 | 90.00 | 100.39 | 107.93 | +17.86% | Prior close |
| 2026-01-16 | 65.00 | 100.90 | 101.01 | +35.69% | Prior close |

Each expiration compares the last session before it, when it was the nearest expiration, with the expiration-session close; distances are percentages of that prior close. Underlying closes are not option settlement values. Descriptive history, not a forecast.

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 35 | -0.5% | -2.3% to +0.8% | 40% | -1.1% to +0.4% | 0.0% |
| above | Day +3 | 35 | +0.1% | -2.2% to +2.4% | 51% | -1.0% to +1.2% | 0.0% |
| above | Day +5 | 35 | +1.7% | -1.2% to +6.6% | 60% | -0.4% to +2.8% | 0.0% |
| above | Day +10 | 35 | +0.8% | -1.9% to +5.5% | 57% | -0.3% to +2.9% | 0.0% |
| below | Day +1 | 36 | +0.1% | -0.5% to +1.4% | 53% | -0.3% to +1.0% | 0.0% |
| below | Day +3 | 36 | +0.7% | -0.6% to +4.6% | 64% | -0.3% to +2.4% | 0.0% |
| below | Day +5 | 36 | +0.4% | -3.0% to +3.7% | 56% | -0.7% to +2.0% | 0.0% |
| below | Day +10 | 36 | +0.6% | -2.8% to +5.4% | 56% | -1.0% to +1.3% | 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/TTMI.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/TTMI.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/TTMI.json?date=2026-11-13&public_schema=5)

An em dash means unavailable, not zero. Values use the same display rounding as the HTML page. This is a current snapshot; the 60-session close-versus-max-pain chart, full history and individual event paths are on the canonical page.

[Definitions and limitations](https://halfonadouble.com/methodology.md).