# USB: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 57.51 |
| Delta neutral (USD/share) | 56.75 |
| Gamma neutral (USD/share) | 53.80 |
| Gamma max (USD/share) | 64.77 |
| Open interest (contracts) | 183,793 |
| Nearest-expiration max pain (USD/share) | 62.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 57.50 |
| Net gamma exposure | 5,996,002 |
| Confirmed GEX flip (USD/share) | 53.80 |
| Call wall (USD/share) | 62.50 |
| Put wall (USD/share) | 60.00 |
| Put/call open-interest ratio | 0.69 |
| Options catalyst-intensity score (0–100) | 48.2 |
| Options directional score (-100 to +100) | 11.1 |
| IV rank | 100.0 |
| Front ATM IV | +25.6% |
| Front-minus-back IV | -2.2 pp |
| Front expected move | +3.5% |
| Front ATM straddle / spot | +2.8% |
| Front 25-delta risk reversal | -9.4 pp |
| Call OI change, 1 session | -1,350 contracts · -1.2% |
| Put OI change, 1 session | -2,467 contracts · -3.2% |
| Call minus put OI growth, 1 session | +2.0 pp |
| Call OI change, 5 sessions | +1,247 contracts · +1.2% |
| Put OI change, 5 sessions | +3,726 contracts · +5.2% |
| Call minus put OI growth, 5 sessions | -4.1 pp |
| Daily call OI change surprise | -0.22σ (252 prior changes) |
| Daily put OI change surprise | -0.38σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.57σ (252 prior changes) |
| Daily open interest change (contracts) | -3,817 |
| Daily open interest change z-score (prior 252) | -0.32σ (252 prior changes) |
| Gamma max distance from close | +12.6% |
| Delta neutral distance from close | -1.3% |
| Prior-year sessions closer to gamma max | 91.3% of 252 |
| Prior-year sessions closer to delta neutral | 11.5% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 34 | -0.4% | -1.2% to +0.3% | 35% | -1.1% to +0.0% | 0.0% |
| above | Day +3 | 34 | -0.9% | -1.9% to +0.9% | 41% | -1.6% to +0.7% | 0.0% |
| above | Day +5 | 34 | +0.0% | -1.0% to +1.6% | 50% | -0.3% to +0.9% | 0.0% |
| above | Day +10 | 34 | -0.0% | -1.2% to +2.5% | 50% | -1.0% to +1.8% | 0.0% |
| below | Day +1 | 34 | +0.0% | -0.7% to +0.9% | 50% | -0.3% to +0.4% | 0.0% |
| below | Day +3 | 34 | +0.8% | -1.0% to +2.2% | 62% | -0.0% to +1.9% | 0.0% |
| below | Day +5 | 34 | +0.9% | -0.5% to +1.8% | 71% | +0.0% to +1.4% | +0.0% |
| below | Day +10 | 34 | +0.8% | -1.6% to +3.1% | 65% | -0.0% to +2.1% | 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/USB.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/USB.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/USB.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).