{"schema_version":1,"publisher":"Half on a Double","data_through":"2026-10-16","frequency":"end-of-day","methodology":"market-implied-carry-v1","generation":"market-implied-carry-analytics-20260917T000000Z","canonical_url":"https://halfonadouble.com/stock/ARE","markdown_url":null,"history_url":"https://halfonadouble.com/api/v1/history/ARE.csv","advanced_analysis_url":"https://halfonadouble.com/api/v1/analysis/ARE.json?date=2026-10-16&public_schema=4","definitions_url":"https://halfonadouble.com/methodology.md","license_url":"https://halfonadouble.com/terms.md","disclaimer_url":"https://halfonadouble.com/disclaimer.md","symbol":"ARE","page_tier":"B","units":{"prices":"USD per share","open_interest":"option contracts","gamma_exposure":"modeled dollar-delta change per USD 1 underlying move","gamma_exposure_normalized":"modeled gamma exposure per 100,000 open option contracts","distances":"percent of close","forward_outcomes":"close-to-close percent return"},"snapshot":{"close":41.619998931884766,"previous_close":42.34000015258789,"delta_neutral":49.08055029812055,"gamma_neutral":50.80942997563715,"gamma_max":63.029741640062284,"total_open_interest":37371,"previous_open_interest":51305,"listed_contracts":203,"listed_calls":120,"listed_puts":96,"gamma_max_distance_pct":51.44099773576802,"delta_neutral_distance_pct":17.925400186688403,"gamma_neutral_distance_pct":22.07936395863872,"open_interest_change_1d_pct":-27.159146282038787,"call_open_interest":16616,"put_open_interest":20755,"put_call_open_interest_ratio":1.249097255657198,"nearest_expiration_max_pain":50,"nearest_expiration_max_pain_expiry":"2026-11-20","nearest_expiration_max_pain_distance_pct":20.134553779854567,"all_expiration_max_pain":52.5,"net_gamma_exposure":-1078400.5300861977,"net_gamma_exposure_per_100k_open_interest":-2885661.4221888566,"gamma_exposure_flip":50.80942997563715,"gamma_exposure_flip_distance_pct":22.07936395863872,"call_wall":50,"call_wall_distance_pct":20.134553779854567,"put_wall":45,"put_wall_distance_pct":8.12109840186911,"gamma_max_cross_direction":null,"delta_neutral_cross_direction":null,"open_interest_rank":1097},"history_summary":null,"advanced_options":{"data_through":"2026-10-16","analysis_coverage":1,"catalyst_score":null,"directional_score":null,"catalyst_reasons":[],"features":{"price":41.62,"totalOi":50870,"analysisCoverage":1,"avgIvPct":599.9,"ivRank":99.4,"iv52wHighPct":603.3,"iv52wLowPct":56.64,"frontDte":35,"termPremiumPp":-0.2173,"riskReversalFrontPp":-66.67,"riskReversal30dPp":-66.67,"butterflyFrontPp":-9.97,"butterfly30dPp":-9.97,"putCallOiRatio":0.924,"putCallOiFrontRatio":3.912,"putCallVolumeFrontRatio":1.384,"optionVolume":2675,"volumeOiRatio":0.052585,"netDeltaNormalized":-0.119992,"dealerDeltaNormalized":0.119818,"gexPer100kOi":-1522735.207391,"vannaPer100kOi":3615.097307,"charmPer100kOi":87749.164537,"weekendDeltaShiftPer100kOi":263249.459406,"ivSurfaceRangePp":22.3,"gammaFlipDistancePct":null,"maxPainDistancePct":20.134551,"peakCallDistancePct":2.114368,"peakPutDistancePct":-3.892359},"complete_analysis_url":"https://halfonadouble.com/api/v1/analysis/ARE.json?date=2026-10-16&public_schema=4","interpretation":"Catalyst intensity ranks unusual option pricing and activity; it does not identify the event, predict direction or recommend a trade. Directional score summarizes relative positioning under documented model conventions."},"gamma_max_cross_outcomes":[],"missing_value_semantics":"null means unavailable; it never means zero","interpretation":"These are descriptive end-of-day model outputs. Signed GEX uses the published call-positive, put-negative convention and is not observed dealer inventory. None of the fields are live prices, predictions or investment advice."}