{"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/BIP","markdown_url":null,"history_url":"https://halfonadouble.com/api/v1/history/BIP.csv","advanced_analysis_url":"https://halfonadouble.com/api/v1/analysis/BIP.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":"BIP","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":37.45000076293945,"previous_close":37.27000045776367,"delta_neutral":35.58268663525803,"gamma_neutral":35.23234650578391,"gamma_max":40.07768747055413,"total_open_interest":2517,"previous_open_interest":2840,"listed_contracts":28,"listed_calls":20,"listed_puts":12,"gamma_max_distance_pct":7.016519770581792,"delta_neutral_distance_pct":-4.986152442296665,"gamma_neutral_distance_pct":-5.92164008538589,"open_interest_change_1d_pct":-11.373239436619718,"call_open_interest":1461,"put_open_interest":1056,"put_call_open_interest_ratio":0.7227926078028748,"nearest_expiration_max_pain":35,"nearest_expiration_max_pain_expiry":"2026-11-20","nearest_expiration_max_pain_distance_pct":-6.5420579787116475,"all_expiration_max_pain":35,"net_gamma_exposure":158459.95796681888,"net_gamma_exposure_per_100k_open_interest":6295588.31810961,"gamma_exposure_flip":35.23234650578391,"gamma_exposure_flip_distance_pct":-5.92164008538589,"call_wall":40,"call_wall_distance_pct":6.809076595758118,"put_wall":35,"put_wall_distance_pct":-6.5420579787116475,"gamma_max_cross_direction":null,"delta_neutral_cross_direction":null,"open_interest_rank":2927},"history_summary":null,"advanced_options":{"data_through":"2026-10-16","analysis_coverage":0.8333,"catalyst_score":null,"directional_score":null,"catalyst_reasons":[],"features":{"price":37.45,"totalOi":2837,"analysisCoverage":0.8333,"avgIvPct":379.8,"ivRank":100,"iv52wHighPct":379.8,"iv52wLowPct":31.7,"frontDte":null,"termPremiumPp":null,"riskReversalFrontPp":5.3,"riskReversal30dPp":5.3,"butterflyFrontPp":null,"butterfly30dPp":null,"putCallOiRatio":0.655,"putCallOiFrontRatio":1.562,"putCallVolumeFrontRatio":8,"optionVolume":73,"volumeOiRatio":0.025731,"netDeltaNormalized":0.117771,"dealerDeltaNormalized":-0.110257,"gexPer100kOi":2465028.198802,"vannaPer100kOi":4159.323229,"charmPer100kOi":4970.038773,"weekendDeltaShiftPer100kOi":14945.364822,"ivSurfaceRangePp":42.4,"gammaFlipDistancePct":-0.186916,"maxPainDistancePct":-6.542056,"peakCallDistancePct":6.809079,"peakPutDistancePct":-19.893191},"complete_analysis_url":"https://halfonadouble.com/api/v1/analysis/BIP.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."}