# CONL: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 4.83 |
| Delta neutral (USD/share) | 5.01 |
| Gamma neutral (USD/share) | 4.07 |
| Gamma max (USD/share) | 6.69 |
| Open interest (contracts) | 109,313 |
| Nearest-expiration max pain (USD/share) | 5.00 (2026-10-23) |
| All-expiration max pain (USD/share) | 7.00 |
| Net gamma exposure | 507,168 |
| Confirmed GEX flip (USD/share) | 4.07 |
| Call wall (USD/share) | 6.00 |
| Put wall (USD/share) | 5.00 |
| Put/call open-interest ratio | 0.65 |
| Options catalyst-intensity score (0–100) | 63.2 |
| Options directional score (-100 to +100) | -19.1 |
| IV rank | 100.0 |
| Front-minus-back IV | 10.1 pp |
| Front 25-delta risk reversal | 17.2 pp |
| Call OI change, 1 session | -21,204 contracts · -24.2% |
| Put OI change, 1 session | -11,080 contracts · -20.5% |
| Call minus put OI growth, 1 session | -3.7 pp |
| Call OI change, 5 sessions | -15,927 contracts · -19.3% |
| Put OI change, 5 sessions | -11,062 contracts · -20.5% |
| Call minus put OI growth, 5 sessions | +1.2 pp |
| Daily call OI change surprise | -3.56σ (252 prior changes) |
| Daily put OI change surprise | -3.38σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.61σ (252 prior changes) |
| Daily open interest change (contracts) | -32,284 |
| Daily open interest change z-score (prior 252) | -3.63σ (252 prior changes) |
| Gamma max distance from close | +38.5% |
| Delta neutral distance from close | +3.6% |
| Prior-year sessions closer to gamma max | 78.6% of 252 |
| Prior-year sessions closer to delta neutral | 21.8% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 17 | +4.7% | +2.0% to +11.6% | 76% | +2.0% to +11.6% | +2.0% |
| above | Day +3 | 17 | +10.6% | -1.3% to +17.1% | 71% | -1.3% to +17.1% | 0.0% |
| above | Day +5 | 17 | +9.1% | -3.7% to +21.6% | 65% | -3.7% to +21.6% | 0.0% |
| above | Day +10 | 17 | +8.3% | -7.2% to +12.8% | 59% | -7.2% to +12.8% | 0.0% |
| below | Day +1 | 23 | +0.3% | -4.0% to +6.1% | 57% | -3.3% to +3.1% | 0.0% |
| below | Day +3 | 23 | +0.9% | -7.3% to +12.1% | 52% | -5.0% to +8.3% | 0.0% |
| below | Day +5 | 23 | +2.5% | -4.4% to +13.7% | 65% | -3.0% to +10.8% | 0.0% |
| below | Day +10 | 23 | -0.6% | -7.9% to +16.7% | 48% | -4.4% to +16.0% | 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/CONL.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/CONL.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/CONL.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).