# ADI: options-positioning snapshot

Canonical: https://halfonadouble.com/stock/ADI
Data through: 2026-10-16 close
Publisher: Half on a Double

| Published field | Value |
| --- | --- |
| Close (USD/share) | 395.44 |
| Delta neutral (USD/share) | 355.73 |
| Gamma neutral (USD/share) | 314.81 |
| Gamma max (USD/share) | 426.45 |
| Open interest (contracts) | 110,266 |
| Nearest-expiration max pain (USD/share) | 400.00 (2026-10-23) |
| All-expiration max pain (USD/share) | 380.00 |
| Net gamma exposure | 7,501,080 |
| Confirmed GEX flip (USD/share) | 314.81 |
| Call wall (USD/share) | 420.00 |
| Put wall (USD/share) | 400.00 |
| Put/call open-interest ratio | 0.49 |
| Options catalyst-intensity score (0–100) | 50.4 |
| Options directional score (-100 to +100) | 7.2 |
| IV rank | 77.2 |
| Front-minus-back IV | 8.8 pp |
| Front 25-delta risk reversal | 2.3 pp |
| Call OI change, 1 session | -5,702 contracts · -7.1% |
| Put OI change, 1 session | -3,427 contracts · -8.7% |
| Call minus put OI growth, 1 session | +1.5 pp |
| Call OI change, 5 sessions | -257 contracts · -0.3% |
| Put OI change, 5 sessions | +1,479 contracts · +4.3% |
| Call minus put OI growth, 5 sessions | -4.6 pp |
| Daily call OI change surprise | -1.29σ (252 prior changes) |
| Daily put OI change surprise | -0.73σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.30σ (252 prior changes) |
| Daily open interest change (contracts) | -9,129 |
| Daily open interest change z-score (prior 252) | -1.05σ (252 prior changes) |
| Gamma max distance from close | +7.8% |
| Delta neutral distance from close | -10.0% |
| Prior-year sessions closer to gamma max | 65.5% of 252 |
| Prior-year sessions closer to delta neutral | 75.4% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 28 | -0.3% | -1.3% to +0.6% | 39% | -1.1% to +0.4% | 0.0% |
| above | Day +3 | 28 | -1.1% | -3.4% to +1.2% | 39% | -2.3% to +0.6% | 0.0% |
| above | Day +5 | 28 | -0.5% | -3.4% to +1.1% | 46% | -3.2% to +0.7% | 0.0% |
| above | Day +10 | 28 | -1.1% | -3.7% to +2.0% | 39% | -3.1% to +1.2% | 0.0% |
| below | Day +1 | 28 | +0.2% | -0.8% to +1.3% | 54% | -0.6% to +0.7% | 0.0% |
| below | Day +3 | 28 | -0.8% | -3.0% to +2.0% | 46% | -2.2% to +1.1% | 0.0% |
| below | Day +5 | 28 | +0.1% | -3.2% to +2.2% | 50% | -2.0% to +1.0% | 0.0% |
| below | Day +10 | 27 | -2.0% | -3.9% to +5.2% | 41% | -3.9% to +4.2% | 0.0% |

Returns are close-to-close after the labelled number of subsequent trading sessions. Cohorts require gamma max to be within 10% of the close on both crossing sessions. Historical windows can overlap and are not independent observations, so interval coverage is not guaranteed.

- [Machine-readable snapshot](https://halfonadouble.com/api/v1/tickers/ADI.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/ADI.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/ADI.json?date=2026-10-16&public_schema=4)

An em dash means unavailable, not zero. Values use the same display rounding as the HTML page. This is a current snapshot; full history and individual event paths are on the canonical page.

[Definitions and limitations](https://halfonadouble.com/methodology.md).