# UPST: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 22.81 |
| Delta neutral (USD/share) | 25.11 |
| Gamma neutral (USD/share) | 23.39 |
| Gamma max (USD/share) | 30.52 |
| Open interest (contracts) | 262,744 |
| Nearest-expiration max pain (USD/share) | 24.50 (2026-10-09) |
| All-expiration max pain (USD/share) | 27.50 |
| Net gamma exposure | -1,055,016 |
| Confirmed GEX flip (USD/share) | 23.39 |
| Call wall (USD/share) | 25.00 |
| Put wall (USD/share) | 25.00 |
| Put/call open-interest ratio | 0.63 |
| Options catalyst-intensity score (0–100) | 43.9 |
| Options directional score (-100 to +100) | -14.9 |
| IV rank | 73.7 |
| Front ATM IV | +56.8% |
| Front-minus-back IV | -12.0 pp |
| Front expected move | +7.9% |
| Front ATM straddle / spot | +5.8% |
| Front 25-delta risk reversal | 6.8 pp |
| Call OI change, 1 session | -14,003 contracts · -8.0% |
| Put OI change, 1 session | -4,625 contracts · -4.3% |
| Call minus put OI growth, 1 session | -3.7 pp |
| Call OI change, 5 sessions | +9,380 contracts · +6.2% |
| Put OI change, 5 sessions | +4,511 contracts · +4.6% |
| Call minus put OI growth, 5 sessions | +1.6 pp |
| Daily call OI change surprise | -0.76σ (252 prior changes) |
| Daily put OI change surprise | -0.33σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.83σ (252 prior changes) |
| Daily open interest change (contracts) | -18,628 |
| Daily open interest change z-score (prior 252) | -0.61σ (252 prior changes) |
| Gamma max distance from close | +33.8% |
| Delta neutral distance from close | +10.1% |
| Prior-year sessions closer to gamma max | 77.8% of 252 |
| Prior-year sessions closer to delta neutral | 79.8% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 18 | -0.5% | -1.8% to +3.9% | 44% | -1.8% to +3.1% | 0.0% |
| above | Day +3 | 18 | +4.9% | -2.2% to +13.4% | 61% | -2.2% to +12.0% | 0.0% |
| above | Day +5 | 18 | +4.6% | -3.1% to +11.8% | 61% | -1.8% to +8.7% | 0.0% |
| above | Day +10 | 18 | +10.3% | -8.3% to +20.8% | 67% | -7.2% to +20.3% | 0.0% |
| below | Day +1 | 16 | +0.7% | -1.1% to +2.2% | 63% | -0.8% to +1.8% | 0.0% |
| below | Day +3 | 16 | -0.5% | -4.8% to +6.6% | 50% | -3.5% to +6.2% | 0.0% |
| below | Day +5 | 16 | +1.6% | -7.1% to +10.1% | 56% | -7.0% to +9.3% | 0.0% |
| below | Day +10 | 16 | +6.7% | -10.5% to +20.1% | 63% | -8.7% to +18.7% | 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/UPST.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/UPST.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/UPST.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).