{"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/BUD","markdown_url":null,"history_url":"https://halfonadouble.com/api/v1/history/BUD.csv","advanced_analysis_url":"https://halfonadouble.com/api/v1/analysis/BUD.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":"BUD","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":82.58999633789062,"previous_close":81.27999877929688,"delta_neutral":75.14820645266667,"gamma_neutral":71.58027426645498,"gamma_max":85.42100005577038,"total_open_interest":77986,"previous_open_interest":82724,"listed_contracts":333,"listed_calls":204,"listed_puts":172,"gamma_max_distance_pct":3.4277804133779157,"delta_neutral_distance_pct":-9.010522115509298,"gamma_neutral_distance_pct":-13.330575807744175,"open_interest_change_1d_pct":-5.72747932885257,"call_open_interest":43604,"put_open_interest":34382,"put_call_open_interest_ratio":0.7885056416842492,"nearest_expiration_max_pain":77,"nearest_expiration_max_pain_expiry":"2026-10-23","nearest_expiration_max_pain_distance_pct":-6.76836976117657,"all_expiration_max_pain":75,"net_gamma_exposure":2911490.511117454,"net_gamma_exposure_per_100k_open_interest":3733350.230961268,"gamma_exposure_flip":71.58027426645498,"gamma_exposure_flip_distance_pct":-13.330575807744175,"call_wall":80,"call_wall_distance_pct":-3.1359685830405915,"put_wall":85,"put_wall_distance_pct":2.9180333805193714,"gamma_max_cross_direction":"below","delta_neutral_cross_direction":null,"open_interest_rank":722},"history_summary":null,"advanced_options":{"data_through":"2026-10-16","analysis_coverage":1,"catalyst_score":null,"directional_score":null,"catalyst_reasons":[],"features":{"price":82.59,"totalOi":83271,"analysisCoverage":1,"avgIvPct":148.6,"ivRank":100,"iv52wHighPct":148.6,"iv52wLowPct":35.7,"frontDte":7,"termPremiumPp":-0.674,"riskReversalFrontPp":0.64,"riskReversal30dPp":0.64,"butterflyFrontPp":-6.2,"butterfly30dPp":-6.2,"putCallOiRatio":0.799,"putCallOiFrontRatio":1.246,"putCallVolumeFrontRatio":0,"optionVolume":5105,"volumeOiRatio":0.061306,"netDeltaNormalized":0.237109,"dealerDeltaNormalized":-0.23025,"gexPer100kOi":4798792.977147,"vannaPer100kOi":1836.173458,"charmPer100kOi":-3745.60171,"weekendDeltaShiftPer100kOi":-11235.604232,"ivSurfaceRangePp":171.4,"gammaFlipDistancePct":-0.653832,"maxPainDistancePct":-9.189975,"peakCallDistancePct":2.918029,"peakPutDistancePct":-0.714372},"complete_analysis_url":"https://halfonadouble.com/api/v1/analysis/BUD.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."}