# CCJ: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 81.52 |
| Delta neutral (USD/share) | 93.09 |
| Gamma neutral (USD/share) | 98.47 |
| Gamma max (USD/share) | 119.84 |
| Open interest (contracts) | 397,150 |
| Nearest-expiration max pain (USD/share) | 88.00 (2026-10-23) |
| All-expiration max pain (USD/share) | 90.00 |
| Net gamma exposure | -48,997,761 |
| Confirmed GEX flip (USD/share) | 98.47 |
| Call wall (USD/share) | 100.00 |
| Put wall (USD/share) | 75.00 |
| Put/call open-interest ratio | 1.53 |
| Options catalyst-intensity score (0–100) | 39.7 |
| Options directional score (-100 to +100) | -22.8 |
| IV rank | 89.0 |
| Front-minus-back IV | 0.6 pp |
| Front 25-delta risk reversal | 3.5 pp |
| Call OI change, 1 session | -51,093 contracts · -24.5% |
| Put OI change, 1 session | -44,093 contracts · -15.5% |
| Call minus put OI growth, 1 session | -9.0 pp |
| Call OI change, 5 sessions | -40,692 contracts · -20.6% |
| Put OI change, 5 sessions | -20,373 contracts · -7.8% |
| Call minus put OI growth, 5 sessions | -12.7 pp |
| Daily call OI change surprise | -4.64σ (252 prior changes) |
| Daily put OI change surprise | -2.95σ (252 prior changes) |
| Daily call-minus-put growth surprise | -2.13σ (252 prior changes) |
| Daily open interest change (contracts) | -95,186 |
| Daily open interest change z-score (prior 252) | -3.83σ (252 prior changes) |
| Gamma max distance from close | +47.0% |
| Delta neutral distance from close | +14.2% |
| Prior-year sessions closer to gamma max | 99.2% of 252 |
| Prior-year sessions closer to delta neutral | 97.2% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 33 | -0.3% | -1.6% to +1.7% | 36% | -1.0% to +0.6% | 0.0% |
| above | Day +3 | 33 | -1.6% | -4.1% to +2.8% | 30% | -3.7% to -0.1% | -0.1% |
| above | Day +5 | 33 | -0.0% | -5.5% to +2.6% | 48% | -3.4% to +0.9% | 0.0% |
| above | Day +10 | 33 | -2.2% | -4.8% to +7.4% | 45% | -3.3% to +3.4% | 0.0% |
| below | Day +1 | 31 | -0.5% | -2.6% to +1.1% | 39% | -1.8% to +0.6% | 0.0% |
| below | Day +3 | 31 | -1.6% | -3.9% to +1.1% | 35% | -3.0% to +0.2% | 0.0% |
| below | Day +5 | 31 | -0.8% | -5.4% to +2.9% | 48% | -3.3% to +2.2% | 0.0% |
| below | Day +10 | 31 | -0.1% | -6.7% to +5.0% | 45% | -2.9% to +3.2% | 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/CCJ.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/CCJ.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/CCJ.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).