{"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/CIEN","markdown_url":null,"history_url":"https://halfonadouble.com/api/v1/history/CIEN.csv","advanced_analysis_url":"https://halfonadouble.com/api/v1/analysis/CIEN.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":"CIEN","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":332.7300109863281,"previous_close":356.5199890136719,"delta_neutral":352.0687614537483,"gamma_neutral":364.46404089384293,"gamma_max":465.0346056968574,"total_open_interest":98003,"previous_open_interest":131779,"listed_contracts":1592,"listed_calls":928,"listed_puts":838,"gamma_max_distance_pct":39.763348763861785,"delta_neutral_distance_pct":5.812144930988755,"gamma_neutral_distance_pct":9.537471481290204,"open_interest_change_1d_pct":-25.63079094544654,"call_open_interest":51521,"put_open_interest":46482,"put_call_open_interest_ratio":0.9021952213660449,"nearest_expiration_max_pain":385,"nearest_expiration_max_pain_expiry":"2026-10-23","nearest_expiration_max_pain_distance_pct":15.709430255096422,"all_expiration_max_pain":380,"net_gamma_exposure":-1245700.6397124156,"net_gamma_exposure_per_100k_open_interest":-1271084.1910068218,"gamma_exposure_flip":364.46404089384293,"gamma_exposure_flip_distance_pct":9.537471481290204,"call_wall":400,"call_wall_distance_pct":20.217589875424853,"put_wall":280,"put_wall_distance_pct":-15.847687087202603,"gamma_max_cross_direction":null,"delta_neutral_cross_direction":null,"open_interest_rank":623},"history_summary":null,"advanced_options":{"data_through":"2026-10-16","analysis_coverage":1,"catalyst_score":null,"directional_score":null,"catalyst_reasons":[],"features":{"price":332.73,"totalOi":128264,"analysisCoverage":1,"avgIvPct":258.3,"ivRank":100,"iv52wHighPct":258.3,"iv52wLowPct":80.9,"frontDte":7,"termPremiumPp":13.2385,"riskReversalFrontPp":13.73,"riskReversal30dPp":-17.82,"butterflyFrontPp":28.68,"butterfly30dPp":6.61,"putCallOiRatio":0.858,"putCallOiFrontRatio":1.003,"putCallVolumeFrontRatio":0.656,"optionVolume":12541,"volumeOiRatio":0.097775,"netDeltaNormalized":-0.052747,"dealerDeltaNormalized":0.052486,"gexPer100kOi":-11317880.808333,"vannaPer100kOi":2291.367804,"charmPer100kOi":6117481.132664,"weekendDeltaShiftPer100kOi":18352444.177634,"ivSurfaceRangePp":87.1,"gammaFlipDistancePct":null,"maxPainDistancePct":14.206714,"peakCallDistancePct":20.217594,"peakPutDistancePct":4.439035},"complete_analysis_url":"https://halfonadouble.com/api/v1/analysis/CIEN.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."}