# VOD: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 16.82 |
| Delta neutral (USD/share) | 11.31 |
| Gamma neutral (USD/share) | 7.93 |
| Gamma max (USD/share) | 17.90 |
| Open interest (contracts) | 188,905 |
| Nearest-expiration max pain (USD/share) | 5.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 12.00 |
| Net gamma exposure | 19,193,350 |
| Confirmed GEX flip (USD/share) | 7.93 |
| Call wall (USD/share) | 20.00 |
| Put wall (USD/share) | 16.00 |
| Put/call open-interest ratio | 0.11 |
| Options catalyst-intensity score (0–100) | 63.1 |
| Options directional score (-100 to +100) | -1.5 |
| IV rank | 79.6 |
| Front ATM IV | +59.1% |
| Front-minus-back IV | 27.4 pp |
| Front expected move | +8.2% |
| Front ATM straddle / spot | +4.3% |
| Front 25-delta risk reversal | 254.1 pp |
| Call OI change, 1 session | -709 contracts · -0.4% |
| Put OI change, 1 session | -35 contracts · -0.2% |
| Call minus put OI growth, 1 session | -0.2 pp |
| Call OI change, 5 sessions | -14,604 contracts · -7.9% |
| Put OI change, 5 sessions | +928 contracts · +5.4% |
| Call minus put OI growth, 5 sessions | -13.3 pp |
| Daily call OI change surprise | -0.27σ (252 prior changes) |
| Daily put OI change surprise | +0.03σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.12σ (252 prior changes) |
| Daily open interest change (contracts) | -744 |
| Daily open interest change z-score (prior 252) | -0.17σ (252 prior changes) |
| Gamma max distance from close | +6.4% |
| Delta neutral distance from close | -32.8% |
| Prior-year sessions closer to gamma max | 64.3% of 252 |
| Prior-year sessions closer to delta neutral | 67.9% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 56 | -0.3% | -1.1% to +0.4% | 39% | -0.6% to +0.1% | 0.0% |
| above | Day +3 | 56 | -0.2% | -1.8% to +1.3% | 46% | -0.7% to +0.7% | 0.0% |
| above | Day +5 | 56 | -0.2% | -1.9% to +2.7% | 46% | -1.3% to +1.1% | 0.0% |
| above | Day +10 | 56 | +0.0% | -3.3% to +3.8% | 50% | -1.2% to +1.0% | 0.0% |
| below | Day +1 | 54 | +0.3% | -0.7% to +0.9% | 57% | -0.2% to +0.3% | 0.0% |
| below | Day +3 | 54 | +0.5% | -1.3% to +1.4% | 56% | -0.5% to +0.9% | 0.0% |
| below | Day +5 | 54 | +0.3% | -2.5% to +2.0% | 54% | -0.8% to +1.4% | 0.0% |
| below | Day +10 | 54 | +0.3% | -3.3% to +2.7% | 52% | -2.6% to +1.2% | 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/VOD.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/VOD.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/VOD.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).