# WEAT: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 24.75 |
| Delta neutral (USD/share) | 20.04 |
| Gamma neutral (USD/share) | 24.75 |
| Gamma max (USD/share) | 26.12 |
| Open interest (contracts) | 175,276 |
| Nearest-expiration max pain (USD/share) | 23.00 (2026-10-16) |
| All-expiration max pain (USD/share) | 22.00 |
| Net gamma exposure | 26,280,806 |
| Call wall (USD/share) | 25.00 |
| Put wall (USD/share) | 25.00 |
| Put/call open-interest ratio | 0.07 |
| Options catalyst-intensity score (0–100) | 46.5 |
| Options directional score (-100 to +100) | 43.5 |
| IV rank | 55.7 |
| Front ATM IV | +24.3% |
| Front-minus-back IV | -3.8 pp |
| Front expected move | +4.8% |
| Front ATM straddle / spot | +3.6% |
| Front 25-delta risk reversal | -84.7 pp |
| Call OI change, 1 session | +618 contracts · +0.4% |
| Put OI change, 1 session | -117 contracts · -1.1% |
| Call minus put OI growth, 1 session | +1.5 pp |
| Call OI change, 5 sessions | +5,397 contracts · +3.4% |
| Put OI change, 5 sessions | +6 contracts · +0.1% |
| Call minus put OI growth, 5 sessions | +3.3 pp |
| Daily call OI change surprise | +0.03σ (248 prior changes) |
| Daily put OI change surprise | -0.14σ (248 prior changes) |
| Daily call-minus-put growth surprise | — (189 prior changes) |
| Daily open interest change (contracts) | 501 |
| Daily open interest change z-score (prior 252) | +0.01σ (252 prior changes) |
| Gamma max distance from close | +5.5% |
| Delta neutral distance from close | -19.0% |
| Prior-year sessions closer to gamma max | 68.3% of 249 |
| Prior-year sessions closer to delta neutral | 4.0% of 249 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 68 | +0.2% | -1.0% to +2.0% | 51% | -0.3% to +0.7% | 0.0% |
| above | Day +3 | 68 | +0.5% | -1.2% to +2.7% | 54% | -0.6% to +1.6% | 0.0% |
| above | Day +5 | 68 | +1.6% | -1.2% to +3.4% | 59% | -0.1% to +2.5% | 0.0% |
| above | Day +10 | 68 | +0.6% | -2.1% to +3.2% | 54% | -0.6% to +1.7% | 0.0% |
| below | Day +1 | 67 | -0.1% | -1.3% to +0.7% | 49% | -0.6% to +0.4% | 0.0% |
| below | Day +3 | 67 | +0.5% | -1.7% to +2.7% | 57% | -0.3% to +1.5% | 0.0% |
| below | Day +5 | 67 | +0.6% | -1.3% to +2.3% | 58% | -0.3% to +1.4% | 0.0% |
| below | Day +10 | 67 | +1.1% | -2.2% to +4.2% | 57% | -0.2% to +2.2% | 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/WEAT.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/WEAT.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/WEAT.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).