# CAVA: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 57.25 |
| Delta neutral (USD/share) | 57.70 |
| Gamma neutral (USD/share) | 57.32 |
| Gamma max (USD/share) | 87.64 |
| Open interest (contracts) | 149,460 |
| Nearest-expiration max pain (USD/share) | 53.00 (2026-10-23) |
| All-expiration max pain (USD/share) | 65.00 |
| Net gamma exposure | -25,510 |
| Confirmed GEX flip (USD/share) | 57.32 |
| Call wall (USD/share) | 60.00 |
| Put wall (USD/share) | 40.00 |
| Put/call open-interest ratio | 0.86 |
| Options catalyst-intensity score (0–100) | 39.9 |
| Options directional score (-100 to +100) | -11.6 |
| IV rank | 95.0 |
| Front-minus-back IV | -3.8 pp |
| Front 25-delta risk reversal | 3.4 pp |
| Call OI change, 1 session | -23,106 contracts · -22.3% |
| Put OI change, 1 session | -14,046 contracts · -16.9% |
| Call minus put OI growth, 1 session | -5.4 pp |
| Call OI change, 5 sessions | -15,760 contracts · -16.4% |
| Put OI change, 5 sessions | -10,685 contracts · -13.4% |
| Call minus put OI growth, 5 sessions | -3.0 pp |
| Daily call OI change surprise | -2.49σ (252 prior changes) |
| Daily put OI change surprise | -1.80σ (252 prior changes) |
| Daily call-minus-put growth surprise | -1.25σ (252 prior changes) |
| Daily open interest change (contracts) | -37,152 |
| Daily open interest change z-score (prior 252) | -2.24σ (252 prior changes) |
| Gamma max distance from close | +53.1% |
| Delta neutral distance from close | +0.8% |
| Prior-year sessions closer to gamma max | 92.5% of 252 |
| Prior-year sessions closer to delta neutral | 5.6% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 6 | -0.1% | -2.0% to +2.0% | 33% | -4.9% to +3.1% | 0.0% |
| above | Day +3 | 6 | -3.3% | -5.5% to -0.6% | 17% | -12.2% to +1.5% | 0.0% |
| above | Day +5 | 6 | -1.1% | -2.4% to +1.2% | 33% | -12.7% to +5.6% | 0.0% |
| above | Day +10 | 6 | -5.1% | -7.1% to -2.8% | 17% | -11.7% to +14.8% | 0.0% |
| below | Day +1 | 6 | -2.2% | -2.6% to -0.7% | 17% | -3.1% to +1.7% | 0.0% |
| below | Day +3 | 6 | -2.7% | -6.6% to +0.8% | 33% | -9.1% to +5.8% | 0.0% |
| below | Day +5 | 6 | -2.0% | -3.1% to +1.4% | 33% | -6.3% to +5.5% | 0.0% |
| below | Day +10 | 6 | -0.0% | -4.6% to +13.9% | 50% | -11.8% to +24.3% | 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/CAVA.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/CAVA.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/CAVA.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).