{"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/SPCH","markdown_url":null,"history_url":"https://halfonadouble.com/api/v1/history/SPCH.csv","advanced_analysis_url":"https://halfonadouble.com/api/v1/analysis/SPCH.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":"SPCH","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":9.180000305175781,"previous_close":9.529999732971191,"delta_neutral":8.692312727800376,"gamma_neutral":9.180000305175781,"gamma_max":14.546363775453852,"total_open_interest":97433,"previous_open_interest":108559,"listed_contracts":385,"listed_calls":230,"listed_puts":199,"gamma_max_distance_pct":58.457116469293126,"delta_neutral_distance_pct":-5.312500666262963,"gamma_neutral_distance_pct":0,"open_interest_change_1d_pct":-10.24880479739128,"call_open_interest":68337,"put_open_interest":29096,"put_call_open_interest_ratio":0.4257722756339904,"nearest_expiration_max_pain":10.5,"nearest_expiration_max_pain_expiry":"2026-10-23","nearest_expiration_max_pain_distance_pct":14.379081164953655,"all_expiration_max_pain":10,"net_gamma_exposure":651286.8846185977,"net_gamma_exposure_per_100k_open_interest":668445.890631098,"gamma_exposure_flip":null,"gamma_exposure_flip_distance_pct":null,"call_wall":20,"call_wall_distance_pct":117.86491650467363,"put_wall":10,"put_wall_distance_pct":8.932458252336813,"gamma_max_cross_direction":null,"delta_neutral_cross_direction":null,"open_interest_rank":625},"history_summary":null,"advanced_options":{"data_through":"2026-10-16","analysis_coverage":1,"catalyst_score":null,"directional_score":null,"catalyst_reasons":[],"features":{"price":9.18,"totalOi":117978,"analysisCoverage":1,"avgIvPct":709.6,"ivRank":97.6,"iv52wHighPct":724,"iv52wLowPct":116.8,"frontDte":7,"termPremiumPp":70.7658,"riskReversalFrontPp":40.56,"riskReversal30dPp":21.3,"butterflyFrontPp":-38.58,"butterfly30dPp":3.69,"putCallOiRatio":0.491,"putCallOiFrontRatio":1.166,"putCallVolumeFrontRatio":1.899,"optionVolume":9232,"volumeOiRatio":0.078252,"netDeltaNormalized":0.006581,"dealerDeltaNormalized":-0.006474,"gexPer100kOi":58382.511994,"vannaPer100kOi":2248.724338,"charmPer100kOi":534651.37568,"weekendDeltaShiftPer100kOi":1603953.279425,"ivSurfaceRangePp":117,"gammaFlipDistancePct":110.348584,"maxPainDistancePct":14.379085,"peakCallDistancePct":3.485839,"peakPutDistancePct":-1.960784},"complete_analysis_url":"https://halfonadouble.com/api/v1/analysis/SPCH.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."}