# WULF: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 15.49 |
| Delta neutral (USD/share) | 12.88 |
| Gamma neutral (USD/share) | 11.46 |
| Gamma max (USD/share) | 18.78 |
| Open interest (contracts) | 2,752,557 |
| Nearest-expiration max pain (USD/share) | 15.50 (2026-10-09) |
| All-expiration max pain (USD/share) | 15.00 |
| Net gamma exposure | 79,571,528 |
| Confirmed GEX flip (USD/share) | 11.46 |
| Call wall (USD/share) | 20.00 |
| Put wall (USD/share) | 15.00 |
| Put/call open-interest ratio | 0.40 |
| Options catalyst-intensity score (0–100) | 46.4 |
| Options directional score (-100 to +100) | 20.3 |
| IV rank | 25.3 |
| Front ATM IV | +74.9% |
| Front-minus-back IV | -9.5 pp |
| Front expected move | +10.4% |
| Front ATM straddle / spot | +7.8% |
| Front 25-delta risk reversal | -3.6 pp |
| Call OI change, 1 session | -24,502 contracts · -1.2% |
| Put OI change, 1 session | +26,712 contracts · +3.5% |
| Call minus put OI growth, 1 session | -4.8 pp |
| Call OI change, 5 sessions | +91,386 contracts · +4.9% |
| Put OI change, 5 sessions | +31,246 contracts · +4.2% |
| Call minus put OI growth, 5 sessions | +0.7 pp |
| Daily call OI change surprise | -0.31σ (252 prior changes) |
| Daily put OI change surprise | +0.51σ (252 prior changes) |
| Daily call-minus-put growth surprise | -1.33σ (252 prior changes) |
| Daily open interest change (contracts) | 2,210 |
| Daily open interest change z-score (prior 252) | -0.02σ (252 prior changes) |
| Gamma max distance from close | +21.2% |
| Delta neutral distance from close | -16.9% |
| Prior-year sessions closer to gamma max | 69.4% of 252 |
| Prior-year sessions closer to delta neutral | 25.0% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 25 | -1.6% | -4.7% to +0.9% | 32% | -4.4% to +0.1% | 0.0% |
| above | Day +3 | 25 | -0.6% | -4.4% to +6.6% | 48% | -4.4% to +3.6% | 0.0% |
| above | Day +5 | 25 | +2.3% | -1.5% to +6.6% | 72% | +1.5% to +5.1% | +1.5% |
| above | Day +10 | 25 | +1.9% | -5.5% to +8.1% | 60% | -5.2% to +7.0% | 0.0% |
| below | Day +1 | 25 | +0.3% | -2.9% to +1.3% | 52% | -1.8% to +1.2% | 0.0% |
| below | Day +3 | 25 | +2.8% | -3.9% to +9.8% | 64% | -2.1% to +9.3% | 0.0% |
| below | Day +5 | 25 | +4.5% | -3.3% to +9.3% | 60% | -2.2% to +6.8% | 0.0% |
| below | Day +10 | 25 | +2.2% | -4.8% to +11.3% | 56% | -4.3% to +7.9% | 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/WULF.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/WULF.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/WULF.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).