# AMAT: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 409.29 |
| Delta neutral (USD/share) | 460.66 |
| Gamma neutral (USD/share) | 490.70 |
| Gamma max (USD/share) | 613.29 |
| Open interest (contracts) | 502,224 |
| Nearest-expiration max pain (USD/share) | 450.00 (2026-10-23) |
| All-expiration max pain (USD/share) | 440.00 |
| Net gamma exposure | -12,118,917 |
| Confirmed GEX flip (USD/share) | 490.70 |
| Call wall (USD/share) | 440.00 |
| Put wall (USD/share) | 400.00 |
| Put/call open-interest ratio | 1.52 |
| Options catalyst-intensity score (0–100) | 51.6 |
| Options directional score (-100 to +100) | -32.3 |
| IV rank | 82.3 |
| Front-minus-back IV | 6.7 pp |
| Front 25-delta risk reversal | 6.3 pp |
| Call OI change, 1 session | -49,156 contracts · -19.8% |
| Put OI change, 1 session | -43,609 contracts · -12.6% |
| Call minus put OI growth, 1 session | -7.2 pp |
| Call OI change, 5 sessions | -25,500 contracts · -11.3% |
| Put OI change, 5 sessions | -14,839 contracts · -4.7% |
| Call minus put OI growth, 5 sessions | -6.7 pp |
| Daily call OI change surprise | -4.13σ (252 prior changes) |
| Daily put OI change surprise | -3.08σ (252 prior changes) |
| Daily call-minus-put growth surprise | -3.12σ (252 prior changes) |
| Daily open interest change (contracts) | -92,765 |
| Daily open interest change z-score (prior 252) | -3.60σ (252 prior changes) |
| Gamma max distance from close | +49.8% |
| Delta neutral distance from close | +12.6% |
| Prior-year sessions closer to gamma max | 99.6% of 252 |
| Prior-year sessions closer to delta neutral | 80.6% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 19 | +0.3% | -1.1% to +1.8% | 63% | -0.9% to +1.3% | 0.0% |
| above | Day +3 | 19 | +0.1% | -1.4% to +2.6% | 58% | -1.1% to +2.4% | 0.0% |
| above | Day +5 | 19 | +0.7% | -1.3% to +6.6% | 53% | -1.1% to +5.7% | 0.0% |
| above | Day +10 | 19 | +4.6% | -0.8% to +7.6% | 74% | +0.2% to +5.7% | +0.2% |
| below | Day +1 | 17 | -0.3% | -1.9% to +0.3% | 41% | -1.9% to +0.3% | 0.0% |
| below | Day +3 | 17 | -0.4% | -2.0% to +0.8% | 35% | -2.0% to +0.8% | 0.0% |
| below | Day +5 | 17 | +0.8% | -3.2% to +2.4% | 59% | -3.2% to +2.4% | 0.0% |
| below | Day +10 | 17 | -1.9% | -4.3% to +3.4% | 41% | -4.3% to +3.4% | 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/AMAT.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/AMAT.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/AMAT.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).