# VSH: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 38.18 |
| Delta neutral (USD/share) | 37.74 |
| Gamma neutral (USD/share) | 31.17 |
| Gamma max (USD/share) | 39.83 |
| Open interest (contracts) | 105,956 |
| Nearest-expiration max pain (USD/share) | 35.00 (2026-10-16) |
| All-expiration max pain (USD/share) | 45.00 |
| Net gamma exposure | 2,635,496 |
| Confirmed GEX flip (USD/share) | 31.17 |
| Call wall (USD/share) | 35.00 |
| Put wall (USD/share) | 45.00 |
| Put/call open-interest ratio | 1.08 |
| Options catalyst-intensity score (0–100) | 60.6 |
| Options directional score (-100 to +100) | 8.5 |
| IV rank | 57.2 |
| Front ATM IV | +69.1% |
| Front-minus-back IV | -6.6 pp |
| Front expected move | +13.5% |
| Front ATM straddle / spot | +11.3% |
| Front 25-delta risk reversal | -217.7 pp |
| Call OI change, 1 session | +346 contracts · +0.7% |
| Put OI change, 1 session | +106 contracts · +0.2% |
| Call minus put OI growth, 1 session | +0.5 pp |
| Call OI change, 5 sessions | +521 contracts · +1.0% |
| Put OI change, 5 sessions | -2,354 contracts · -4.1% |
| Call minus put OI growth, 5 sessions | +5.1 pp |
| Daily call OI change surprise | +0.05σ (252 prior changes) |
| Daily put OI change surprise | -0.06σ (252 prior changes) |
| Daily call-minus-put growth surprise | — (137 prior changes) |
| Daily open interest change (contracts) | 452 |
| Daily open interest change z-score (prior 252) | +0.01σ (252 prior changes) |
| Gamma max distance from close | +4.3% |
| Delta neutral distance from close | -1.1% |
| Prior-year sessions closer to gamma max | 11.1% of 252 |
| Prior-year sessions closer to delta neutral | 2.0% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 36 | +0.2% | -1.6% to +1.8% | 53% | -1.3% to +1.0% | 0.0% |
| above | Day +3 | 36 | +0.4% | -3.3% to +2.0% | 53% | -2.4% to +1.3% | 0.0% |
| above | Day +5 | 36 | +0.4% | -3.4% to +1.7% | 53% | -1.4% to +1.0% | 0.0% |
| above | Day +10 | 36 | +0.4% | -4.9% to +3.1% | 50% | -3.4% to +2.1% | 0.0% |
| below | Day +1 | 35 | -0.0% | -1.1% to +0.6% | 46% | -0.4% to +0.2% | 0.0% |
| below | Day +3 | 35 | -0.8% | -2.6% to +0.8% | 43% | -1.9% to +0.2% | 0.0% |
| below | Day +5 | 35 | +0.3% | -3.7% to +3.8% | 51% | -3.3% to +1.7% | 0.0% |
| below | Day +10 | 35 | -0.6% | -5.3% to +5.4% | 43% | -4.7% to +2.4% | 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/VSH.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/VSH.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/VSH.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).