# VTRS: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 17.60 |
| Delta neutral (USD/share) | 15.27 |
| Gamma neutral (USD/share) | 14.42 |
| Gamma max (USD/share) | 18.21 |
| Open interest (contracts) | 123,010 |
| Nearest-expiration max pain (USD/share) | 16.00 (2026-10-16) |
| All-expiration max pain (USD/share) | 10.00 |
| Net gamma exposure | 6,956,777 |
| Confirmed GEX flip (USD/share) | 14.42 |
| Call wall (USD/share) | 17.00 |
| Put wall (USD/share) | 15.00 |
| Put/call open-interest ratio | 0.26 |
| Options catalyst-intensity score (0–100) | 43.7 |
| Options directional score (-100 to +100) | 37.2 |
| IV rank | 31.7 |
| Front ATM IV | +26.4% |
| Front-minus-back IV | -9.1 pp |
| Front expected move | +5.2% |
| Front ATM straddle / spot | +4.1% |
| Front 25-delta risk reversal | -65.3 pp |
| Call OI change, 1 session | +34 contracts · +0.0% |
| Put OI change, 1 session | +777 contracts · +3.1% |
| Call minus put OI growth, 1 session | -3.1 pp |
| Call OI change, 5 sessions | +2,088 contracts · +2.2% |
| Put OI change, 5 sessions | +1,244 contracts · +5.1% |
| Call minus put OI growth, 5 sessions | -2.9 pp |
| Daily call OI change surprise | +0.02σ (252 prior changes) |
| Daily put OI change surprise | +0.26σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.44σ (252 prior changes) |
| Daily open interest change (contracts) | 811 |
| Daily open interest change z-score (prior 252) | +0.11σ (252 prior changes) |
| Gamma max distance from close | +3.5% |
| Delta neutral distance from close | -13.3% |
| Prior-year sessions closer to gamma max | 31.7% of 252 |
| Prior-year sessions closer to delta neutral | 38.9% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 35 | -0.1% | -1.0% to +0.8% | 40% | -0.6% to +0.2% | 0.0% |
| above | Day +3 | 35 | -0.4% | -2.5% to +2.6% | 46% | -1.7% to +1.5% | 0.0% |
| above | Day +5 | 34 | -0.2% | -3.8% to +2.3% | 47% | -2.5% to +1.2% | 0.0% |
| above | Day +10 | 34 | -1.5% | -5.7% to +2.4% | 41% | -4.3% to +1.0% | 0.0% |
| below | Day +1 | 34 | +0.1% | -1.5% to +1.0% | 53% | -0.6% to +0.6% | 0.0% |
| below | Day +3 | 34 | -0.9% | -3.3% to +1.3% | 41% | -2.4% to +0.9% | 0.0% |
| below | Day +5 | 33 | -0.3% | -3.0% to +0.9% | 45% | -2.0% to +0.7% | 0.0% |
| below | Day +10 | 33 | -1.9% | -7.3% to +1.7% | 36% | -5.1% to +0.5% | 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/VTRS.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/VTRS.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/VTRS.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).