# WRBY: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 27.03 |
| Delta neutral (USD/share) | 17.68 |
| Gamma neutral (USD/share) | 8.18 |
| Gamma max (USD/share) | 27.57 |
| Open interest (contracts) | 101,836 |
| Nearest-expiration max pain (USD/share) | 27.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 22.50 |
| Net gamma exposure | 6,654,101 |
| Confirmed GEX flip (USD/share) | 8.18 |
| Call wall (USD/share) | 25.00 |
| Put wall (USD/share) | 25.00 |
| Put/call open-interest ratio | 0.16 |
| Options catalyst-intensity score (0–100) | 56.5 |
| Options directional score (-100 to +100) | 6.8 |
| IV rank | 83.7 |
| Front ATM IV | +71.1% |
| Front-minus-back IV | -7.5 pp |
| Front expected move | +9.8% |
| Front ATM straddle / spot | +7.6% |
| Front 25-delta risk reversal | 3.8 pp |
| Call OI change, 1 session | -2,609 contracts · -2.9% |
| Put OI change, 1 session | -2,159 contracts · -13.3% |
| Call minus put OI growth, 1 session | +10.4 pp |
| Call OI change, 5 sessions | +15,118 contracts · +20.8% |
| Put OI change, 5 sessions | +2,119 contracts · +17.7% |
| Call minus put OI growth, 5 sessions | +3.1 pp |
| Daily call OI change surprise | -0.72σ (252 prior changes) |
| Daily put OI change surprise | -0.56σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.61σ (252 prior changes) |
| Daily open interest change (contracts) | -4,768 |
| Daily open interest change z-score (prior 252) | -0.70σ (252 prior changes) |
| Gamma max distance from close | +2.0% |
| Delta neutral distance from close | -34.6% |
| Prior-year sessions closer to gamma max | 2.8% of 252 |
| Prior-year sessions closer to delta neutral | 90.9% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 16 | +0.9% | -0.1% to +3.7% | 69% | 0.0% to +3.6% | 0.0% |
| above | Day +3 | 16 | +3.0% | -0.1% to +4.6% | 75% | +0.2% to +4.6% | +0.2% |
| above | Day +5 | 15 | +0.0% | -4.2% to +6.6% | 53% | -7.5% to +7.7% | 0.0% |
| above | Day +10 | 15 | -1.0% | -4.7% to +11.1% | 47% | -6.3% to +13.7% | 0.0% |
| below | Day +1 | 20 | -0.8% | -1.5% to +0.5% | 35% | -1.4% to +0.5% | 0.0% |
| below | Day +3 | 20 | -0.4% | -3.8% to +3.7% | 45% | -3.6% to +3.7% | 0.0% |
| below | Day +5 | 20 | -0.2% | -3.2% to +8.4% | 45% | -3.0% to +7.9% | 0.0% |
| below | Day +10 | 20 | +1.2% | -7.8% to +7.6% | 55% | -7.3% to +7.4% | 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/WRBY.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/WRBY.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/WRBY.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).