{"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/NBIX","markdown_url":null,"history_url":"https://halfonadouble.com/api/v1/history/NBIX.csv","advanced_analysis_url":"https://halfonadouble.com/api/v1/analysis/NBIX.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":"NBIX","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":135.7100067138672,"previous_close":136.9499969482422,"delta_neutral":124.57494495518222,"gamma_neutral":135.7100067138672,"gamma_max":83.63280373596768,"total_open_interest":21329,"previous_open_interest":23124,"listed_contracts":258,"listed_calls":164,"listed_puts":112,"gamma_max_distance_pct":-38.37388578699269,"delta_neutral_distance_pct":-8.205041049155854,"gamma_neutral_distance_pct":0,"open_interest_change_1d_pct":-7.762497837744335,"call_open_interest":14069,"put_open_interest":7260,"put_call_open_interest_ratio":0.5160281469898358,"nearest_expiration_max_pain":145,"nearest_expiration_max_pain_expiry":"2026-11-20","nearest_expiration_max_pain_distance_pct":6.845474045049574,"all_expiration_max_pain":150,"net_gamma_exposure":57070.65241419817,"net_gamma_exposure_per_100k_open_interest":267573.0339640779,"gamma_exposure_flip":null,"gamma_exposure_flip_distance_pct":null,"call_wall":150,"call_wall_distance_pct":10.52980073625818,"put_wall":145,"put_wall_distance_pct":6.845474045049574,"gamma_max_cross_direction":"above","delta_neutral_cross_direction":null,"open_interest_rank":1414},"history_summary":null,"advanced_options":{"data_through":"2026-10-16","analysis_coverage":1,"catalyst_score":null,"directional_score":null,"catalyst_reasons":[],"features":{"price":135.71,"totalOi":23137,"analysisCoverage":1,"avgIvPct":96.2,"ivRank":100,"iv52wHighPct":96.2,"iv52wLowPct":41.5,"frontDte":35,"termPremiumPp":5.3731,"riskReversalFrontPp":-5.28,"riskReversal30dPp":-5.28,"butterflyFrontPp":0.22,"butterfly30dPp":0.22,"putCallOiRatio":0.467,"putCallOiFrontRatio":0.807,"putCallVolumeFrontRatio":0.375,"optionVolume":28,"volumeOiRatio":0.00121,"netDeltaNormalized":0.108383,"dealerDeltaNormalized":-0.108383,"gexPer100kOi":2947626.356053,"vannaPer100kOi":-592.125167,"charmPer100kOi":-145844.318624,"weekendDeltaShiftPer100kOi":-437528.63379,"ivSurfaceRangePp":26.5,"gammaFlipDistancePct":-20.278535,"maxPainDistancePct":6.845479,"peakCallDistancePct":-15.260482,"peakPutDistancePct":-0.523174},"complete_analysis_url":"https://halfonadouble.com/api/v1/analysis/NBIX.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."}