# BITX: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 18.47 |
| Delta neutral (USD/share) | 15.43 |
| Gamma neutral (USD/share) | 11.23 |
| Gamma max (USD/share) | 21.36 |
| Open interest (contracts) | 179,718 |
| Nearest-expiration max pain (USD/share) | 18.50 (2026-10-23) |
| All-expiration max pain (USD/share) | 17.50 |
| Net gamma exposure | 3,783,626 |
| Confirmed GEX flip (USD/share) | 11.23 |
| Call wall (USD/share) | 20.00 |
| Put wall (USD/share) | 20.00 |
| Put/call open-interest ratio | 0.36 |
| Options catalyst-intensity score (0–100) | 41.9 |
| Options directional score (-100 to +100) | -7.4 |
| IV rank | 54.1 |
| Front-minus-back IV | -1.8 pp |
| Front 25-delta risk reversal | 16.2 pp |
| Call OI change, 1 session | -10,647 contracts · -7.5% |
| Put OI change, 1 session | -6,823 contracts · -12.5% |
| Call minus put OI growth, 1 session | +5.1 pp |
| Call OI change, 5 sessions | -2,849 contracts · -2.1% |
| Put OI change, 5 sessions | -5,146 contracts · -9.8% |
| Call minus put OI growth, 5 sessions | +7.6 pp |
| Daily call OI change surprise | -0.89σ (252 prior changes) |
| Daily put OI change surprise | -1.22σ (252 prior changes) |
| Daily call-minus-put growth surprise | +1.45σ (252 prior changes) |
| Daily open interest change (contracts) | -17,470 |
| Daily open interest change z-score (prior 252) | -1.02σ (252 prior changes) |
| Gamma max distance from close | +15.7% |
| Delta neutral distance from close | -16.4% |
| Prior-year sessions closer to gamma max | 61.9% of 252 |
| Prior-year sessions closer to delta neutral | 88.1% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 22 | +1.3% | -0.6% to +4.2% | 64% | -0.5% to +3.9% | 0.0% |
| above | Day +3 | 22 | +1.2% | -6.3% to +8.0% | 55% | -4.9% to +6.8% | 0.0% |
| above | Day +5 | 22 | +4.1% | -5.6% to +10.3% | 55% | -4.2% to +9.8% | 0.0% |
| above | Day +10 | 22 | +7.4% | -6.0% to +29.0% | 59% | -2.6% to +25.8% | 0.0% |
| below | Day +1 | 24 | -0.2% | -3.0% to +2.4% | 50% | -2.9% to +2.2% | 0.0% |
| below | Day +3 | 24 | -0.6% | -4.0% to +2.0% | 42% | -3.5% to +1.4% | 0.0% |
| below | Day +5 | 24 | -0.4% | -9.8% to +4.0% | 46% | -7.5% to +3.1% | 0.0% |
| below | Day +10 | 24 | -0.8% | -4.9% to +13.9% | 42% | -3.8% to +10.1% | 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/BITX.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/BITX.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/BITX.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).