# AXP: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 313.56 |
| Delta neutral (USD/share) | 310.09 |
| Gamma neutral (USD/share) | 310.33 |
| Gamma max (USD/share) | 424.98 |
| Open interest (contracts) | 214,694 |
| Nearest-expiration max pain (USD/share) | 310.00 (2026-10-23) |
| All-expiration max pain (USD/share) | 310.00 |
| Net gamma exposure | 1,168,605 |
| Confirmed GEX flip (USD/share) | 310.33 |
| Call wall (USD/share) | 330.00 |
| Put wall (USD/share) | 310.00 |
| Put/call open-interest ratio | 0.56 |
| Options catalyst-intensity score (0–100) | 61.7 |
| Options directional score (-100 to +100) | 11.8 |
| IV rank | 99.7 |
| Front-minus-back IV | 18.6 pp |
| Front 25-delta risk reversal | -1.6 pp |
| Call OI change, 1 session | -14,303 contracts · -9.4% |
| Put OI change, 1 session | -14,721 contracts · -16.0% |
| Call minus put OI growth, 1 session | +6.6 pp |
| Call OI change, 5 sessions | -11,087 contracts · -7.5% |
| Put OI change, 5 sessions | -14,982 contracts · -16.2% |
| Call minus put OI growth, 5 sessions | +8.8 pp |
| Daily call OI change surprise | -1.97σ (252 prior changes) |
| Daily put OI change surprise | -2.25σ (252 prior changes) |
| Daily call-minus-put growth surprise | +1.91σ (252 prior changes) |
| Daily open interest change (contracts) | -29,024 |
| Daily open interest change z-score (prior 252) | -2.19σ (252 prior changes) |
| Gamma max distance from close | +35.5% |
| Delta neutral distance from close | -1.1% |
| Prior-year sessions closer to gamma max | 98.8% of 252 |
| Prior-year sessions closer to delta neutral | 11.1% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 13 | +0.2% | -0.6% to +0.9% | 54% | -0.6% to +0.9% | 0.0% |
| above | Day +3 | 13 | -0.3% | -1.1% to +0.2% | 31% | -1.1% to +0.2% | 0.0% |
| above | Day +5 | 13 | +0.1% | -1.3% to +2.1% | 54% | -1.3% to +2.1% | 0.0% |
| above | Day +10 | 13 | -1.0% | -2.5% to +4.7% | 46% | -2.5% to +4.7% | 0.0% |
| below | Day +1 | 13 | -0.3% | -1.3% to +0.3% | 38% | -1.3% to +0.3% | 0.0% |
| below | Day +3 | 13 | -1.8% | -3.3% to +0.3% | 38% | -3.3% to +0.3% | 0.0% |
| below | Day +5 | 13 | -1.6% | -3.0% to +2.2% | 46% | -3.0% to +2.2% | 0.0% |
| below | Day +10 | 13 | +1.2% | -1.5% to +4.3% | 54% | -1.5% to +4.3% | 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/AXP.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/AXP.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/AXP.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).