{"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/CAVA","markdown_url":"https://halfonadouble.com/stock/CAVA.md","history_url":"https://halfonadouble.com/api/v1/history/CAVA.csv","advanced_analysis_url":"https://halfonadouble.com/api/v1/analysis/CAVA.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":"CAVA","page_tier":"A","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":57.25,"previous_close":55.400001525878906,"delta_neutral":57.70040351278156,"gamma_neutral":57.32206577340695,"gamma_max":87.63924578762918,"total_open_interest":149460,"previous_open_interest":186612,"listed_contracts":528,"listed_calls":325,"listed_puts":252,"gamma_max_distance_pct":53.08165203079332,"delta_neutral_distance_pct":0.7867310266926858,"gamma_neutral_distance_pct":0.1258790801868081,"open_interest_change_1d_pct":-19.908687544209375,"call_open_interest":80512,"put_open_interest":68948,"put_call_open_interest_ratio":0.8563692368839427,"nearest_expiration_max_pain":53,"nearest_expiration_max_pain_expiry":"2026-10-23","nearest_expiration_max_pain_distance_pct":-7.423580786026202,"all_expiration_max_pain":65,"net_gamma_exposure":-25510.335651428763,"net_gamma_exposure_per_100k_open_interest":-17068.336445489604,"gamma_exposure_flip":57.32206577340695,"gamma_exposure_flip_distance_pct":0.1258790801868081,"call_wall":60,"call_wall_distance_pct":4.8034934497816595,"put_wall":40,"put_wall_distance_pct":-30.131004366812224,"gamma_max_cross_direction":null,"delta_neutral_cross_direction":null,"open_interest_rank":483},"history_summary":{"first_date":"2023-06-26","last_date":"2026-10-16","session_count":756,"trailing_window_sessions":252,"sessions_above_gamma_max_pct":2.380952380952381,"gamma_max_cross_count":12,"delta_neutral_cross_count":14,"gamma_max_prior_sessions_closer_pct":92.46031746031747,"gamma_max_prior_comparison_sessions":252,"delta_neutral_prior_sessions_closer_pct":5.555555555555555,"delta_neutral_prior_comparison_sessions":252,"open_interest_percentile_1y":43.25396825396825,"open_interest_change_1d_contracts":-37152,"open_interest_change_z_252":-2.239997088990071,"open_interest_change_z_comparison_sessions":252,"open_interest_change_5_sessions_pct":-15.033682953867144,"open_interest_change_21_sessions_pct":-16.803972212326325,"call_put_open_interest_changes":{"one_session":{"call_change_contracts":-23106,"put_change_contracts":-14046,"call_growth_pct":-22.299214422204635,"put_growth_pct":-16.92411499626479,"call_minus_put_growth_pp":-5.375099425939844},"five_sessions":{"call_change_contracts":-15760,"put_change_contracts":-10685,"call_growth_pct":-16.370284194781455,"put_growth_pct":-13.41780417666043,"call_minus_put_growth_pp":-2.9524800181210242},"call_change_surprise":{"z_score":-2.486298022160073,"comparison_sessions":252},"put_change_surprise":{"z_score":-1.799026461213083,"comparison_sessions":252},"call_minus_put_growth_surprise":{"z_score":-1.252001027300455,"comparison_sessions":252}}},"advanced_options":{"data_through":"2026-10-16","analysis_coverage":1,"catalyst_score":39.858451067920825,"directional_score":-11.583805103163325,"catalyst_reasons":["volume/OI 0.08"],"features":{"price":57.25,"totalOi":183759,"analysisCoverage":1,"avgIvPct":238.4,"ivRank":95,"iv52wHighPct":247,"iv52wLowPct":75.3,"frontDte":7,"termPremiumPp":-3.7549,"riskReversalFrontPp":3.44,"riskReversal30dPp":3.61,"butterflyFrontPp":0.98,"butterfly30dPp":-11.37,"putCallOiRatio":0.836,"putCallOiFrontRatio":1.674,"putCallVolumeFrontRatio":0.696,"optionVolume":15279,"volumeOiRatio":0.083147,"netDeltaNormalized":0.032469,"dealerDeltaNormalized":-0.032306,"gexPer100kOi":1068157.657584,"vannaPer100kOi":2359.612318,"charmPer100kOi":-249916.466676,"weekendDeltaShiftPer100kOi":-749748.855838,"ivSurfaceRangePp":116.6,"gammaFlipDistancePct":0.995633,"maxPainDistancePct":4.803493,"peakCallDistancePct":8.296943,"peakPutDistancePct":-12.663755},"complete_analysis_url":"https://halfonadouble.com/api/v1/analysis/CAVA.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":[{"direction":"above","event_count":6,"completed_path_count":6,"latest_cross_date":"2026-08-13","horizons":[{"sessions":1,"sample_size":6,"median_return_pct":-0.1220792120306291,"p25_return_pct":-1.9642596817718765,"p75_return_pct":2.001615338472912,"above_zero_pct":33.33333333333333,"median_interval_low_pct":-4.897906853391742,"median_interval_high_pct":3.1444750883737216,"median_interval_nominal_coverage_pct":96.875,"confidence_floor_pct":0},{"sessions":3,"sample_size":6,"median_return_pct":-3.3231057067178105,"p25_return_pct":-5.475179337064612,"p75_return_pct":-0.6005775549547843,"above_zero_pct":16.666666666666664,"median_interval_low_pct":-12.237861942280814,"median_interval_high_pct":1.4704836076544048,"median_interval_nominal_coverage_pct":96.875,"confidence_floor_pct":0},{"sessions":5,"sample_size":6,"median_return_pct":-1.0586516985904515,"p25_return_pct":-2.4008763623986824,"p75_return_pct":1.246447692000177,"above_zero_pct":33.33333333333333,"median_interval_low_pct":-12.65176815525817,"median_interval_high_pct":5.59372789699657,"median_interval_nominal_coverage_pct":96.875,"confidence_floor_pct":0},{"sessions":10,"sample_size":6,"median_return_pct":-5.086896564165489,"p25_return_pct":-7.058211272460749,"p75_return_pct":-2.814880658177385,"above_zero_pct":16.666666666666664,"median_interval_low_pct":-11.72735154066179,"median_interval_high_pct":14.808812716909902,"median_interval_nominal_coverage_pct":96.875,"confidence_floor_pct":0}]},{"direction":"below","event_count":6,"completed_path_count":6,"latest_cross_date":"2026-02-26","horizons":[{"sessions":1,"sample_size":6,"median_return_pct":-2.150304024863808,"p25_return_pct":-2.574874192040508,"p75_return_pct":-0.7462722866514393,"above_zero_pct":16.666666666666664,"median_interval_low_pct":-3.08345176700886,"median_interval_high_pct":1.6808620667642327,"median_interval_nominal_coverage_pct":96.875,"confidence_floor_pct":0},{"sessions":3,"sample_size":6,"median_return_pct":-2.6637065774658577,"p25_return_pct":-6.6332038188108005,"p75_return_pct":0.7722522927874511,"above_zero_pct":33.33333333333333,"median_interval_low_pct":-9.05121355003551,"median_interval_high_pct":5.812655066522332,"median_interval_nominal_coverage_pct":96.875,"confidence_floor_pct":0},{"sessions":5,"sample_size":6,"median_return_pct":-2.037344201752511,"p25_return_pct":-3.1027194873388093,"p75_return_pct":1.4251939078080813,"above_zero_pct":33.33333333333333,"median_interval_low_pct":-6.337025315743405,"median_interval_high_pct":5.536156162730488,"median_interval_nominal_coverage_pct":96.875,"confidence_floor_pct":0},{"sessions":10,"sample_size":6,"median_return_pct":-0.041807373672225534,"p25_return_pct":-4.622177119785926,"p75_return_pct":13.87046709188623,"above_zero_pct":50,"median_interval_low_pct":-11.83874890873755,"median_interval_high_pct":24.285503829473456,"median_interval_nominal_coverage_pct":96.875,"confidence_floor_pct":0}]}],"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."}