# BE: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 221.31 |
| Delta neutral (USD/share) | 235.00 |
| Gamma neutral (USD/share) | 251.05 |
| Gamma max (USD/share) | 331.10 |
| Open interest (contracts) | 884,042 |
| Nearest-expiration max pain (USD/share) | 255.00 (2026-10-23) |
| All-expiration max pain (USD/share) | 230.00 |
| Net gamma exposure | -8,925,921 |
| Confirmed GEX flip (USD/share) | 251.05 |
| Call wall (USD/share) | 300.00 |
| Put wall (USD/share) | 200.00 |
| Put/call open-interest ratio | 1.26 |
| Options catalyst-intensity score (0–100) | 70.8 |
| Options directional score (-100 to +100) | -33.1 |
| IV rank | 99.6 |
| Front-minus-back IV | 36.9 pp |
| Front 25-delta risk reversal | 8.4 pp |
| Call OI change, 1 session | -98,963 contracts · -20.2% |
| Put OI change, 1 session | -86,837 contracts · -15.0% |
| Call minus put OI growth, 1 session | -5.2 pp |
| Call OI change, 5 sessions | -36,832 contracts · -8.6% |
| Put OI change, 5 sessions | -29,492 contracts · -5.7% |
| Call minus put OI growth, 5 sessions | -2.9 pp |
| Daily call OI change surprise | -2.94σ (252 prior changes) |
| Daily put OI change surprise | -2.35σ (252 prior changes) |
| Daily call-minus-put growth surprise | -1.15σ (252 prior changes) |
| Daily open interest change (contracts) | -185,800 |
| Daily open interest change z-score (prior 252) | -2.77σ (252 prior changes) |
| Gamma max distance from close | +49.6% |
| Delta neutral distance from close | +6.2% |
| Prior-year sessions closer to gamma max | 97.2% of 252 |
| Prior-year sessions closer to delta neutral | 14.3% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 32 | +1.3% | -3.0% to +4.9% | 63% | -1.2% to +3.9% | 0.0% |
| above | Day +3 | 32 | -0.7% | -4.9% to +5.4% | 47% | -3.9% to +4.7% | 0.0% |
| above | Day +5 | 32 | -1.5% | -6.6% to +8.4% | 44% | -6.3% to +4.1% | 0.0% |
| above | Day +10 | 32 | -0.6% | -6.5% to +14.8% | 47% | -5.2% to +10.1% | 0.0% |
| below | Day +1 | 30 | -1.0% | -2.3% to +2.2% | 43% | -1.9% to +1.8% | 0.0% |
| below | Day +3 | 30 | -0.4% | -3.6% to +5.2% | 47% | -2.7% to +2.1% | 0.0% |
| below | Day +5 | 30 | +0.6% | -3.7% to +6.8% | 60% | -1.3% to +5.6% | 0.0% |
| below | Day +10 | 30 | +7.1% | -2.4% to +23.2% | 67% | +2.1% to +14.6% | +2.1% |

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/BE.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/BE.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/BE.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).