# CDE: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 15.47 |
| Delta neutral (USD/share) | 14.52 |
| Gamma neutral (USD/share) | 2.98 |
| Gamma max (USD/share) | 20.44 |
| Open interest (contracts) | 419,251 |
| Nearest-expiration max pain (USD/share) | 17.50 (2026-10-23) |
| All-expiration max pain (USD/share) | 15.00 |
| Net gamma exposure | 6,896,287 |
| Confirmed GEX flip (USD/share) | 2.98 |
| Call wall (USD/share) | 20.00 |
| Put wall (USD/share) | 15.00 |
| Put/call open-interest ratio | 0.36 |
| Options catalyst-intensity score (0–100) | 35.1 |
| Options directional score (-100 to +100) | 8.2 |
| IV rank | 40.8 |
| Front-minus-back IV | -0.5 pp |
| Front 25-delta risk reversal | 4.0 pp |
| Call OI change, 1 session | -19,345 contracts · -5.9% |
| Put OI change, 1 session | -9,868 contracts · -8.1% |
| Call minus put OI growth, 1 session | +2.2 pp |
| Call OI change, 5 sessions | -6,079 contracts · -1.9% |
| Put OI change, 5 sessions | -8,920 contracts · -7.4% |
| Call minus put OI growth, 5 sessions | +5.5 pp |
| Daily call OI change surprise | -1.21σ (252 prior changes) |
| Daily put OI change surprise | -1.34σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.67σ (252 prior changes) |
| Daily open interest change (contracts) | -29,213 |
| Daily open interest change z-score (prior 252) | -1.28σ (252 prior changes) |
| Gamma max distance from close | +32.2% |
| Delta neutral distance from close | -6.1% |
| Prior-year sessions closer to gamma max | 96.8% of 252 |
| Prior-year sessions closer to delta neutral | 2.8% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 64 | -0.6% | -2.8% to +2.2% | 42% | -1.1% to +0.9% | 0.0% |
| above | Day +3 | 64 | -0.6% | -5.0% to +4.6% | 45% | -3.1% to +1.6% | 0.0% |
| above | Day +5 | 64 | -1.6% | -9.9% to +4.7% | 47% | -5.8% to +2.2% | 0.0% |
| above | Day +10 | 64 | -3.5% | -10.8% to +6.0% | 39% | -6.3% to +0.7% | 0.0% |
| below | Day +1 | 64 | +0.1% | -2.7% to +2.0% | 50% | -1.2% to +0.7% | 0.0% |
| below | Day +3 | 64 | -2.0% | -5.7% to +2.8% | 38% | -3.8% to 0.0% | 0.0% |
| below | Day +5 | 64 | -1.6% | -8.2% to +3.2% | 42% | -5.2% to +0.7% | 0.0% |
| below | Day +10 | 64 | -3.9% | -10.6% to +2.7% | 30% | -7.1% to -1.3% | -1.3% |

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