# CPB: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 19.87 |
| Delta neutral (USD/share) | 20.43 |
| Gamma neutral (USD/share) | 17.75 |
| Gamma max (USD/share) | 25.82 |
| Open interest (contracts) | 170,676 |
| Nearest-expiration max pain (USD/share) | 20.00 (2026-10-23) |
| All-expiration max pain (USD/share) | 20.50 |
| Net gamma exposure | 3,207,137 |
| Confirmed GEX flip (USD/share) | 17.75 |
| Call wall (USD/share) | 20.00 |
| Put wall (USD/share) | 20.00 |
| Put/call open-interest ratio | 0.71 |
| Options catalyst-intensity score (0–100) | 65.5 |
| Options directional score (-100 to +100) | 18.5 |
| IV rank | 100.0 |
| Front-minus-back IV | 2.7 pp |
| Front 25-delta risk reversal | -73.4 pp |
| Call OI change, 1 session | -11,541 contracts · -10.3% |
| Put OI change, 1 session | -5,374 contracts · -7.1% |
| Call minus put OI growth, 1 session | -3.3 pp |
| Call OI change, 5 sessions | -2,287 contracts · -2.2% |
| Put OI change, 5 sessions | -3,333 contracts · -4.5% |
| Call minus put OI growth, 5 sessions | +2.3 pp |
| Daily call OI change surprise | -2.37σ (252 prior changes) |
| Daily put OI change surprise | -1.04σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.71σ (252 prior changes) |
| Daily open interest change (contracts) | -16,915 |
| Daily open interest change z-score (prior 252) | -1.79σ (252 prior changes) |
| Gamma max distance from close | +30.0% |
| Delta neutral distance from close | +2.8% |
| Prior-year sessions closer to gamma max | 90.1% of 252 |
| Prior-year sessions closer to delta neutral | 38.5% 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 | +0.0% | -0.6% to +0.8% | 50% | -0.6% to +0.7% | 0.0% |
| above | Day +3 | 21 | -0.7% | -2.0% to +0.5% | 33% | -1.3% to +0.4% | 0.0% |
| above | Day +5 | 21 | -0.2% | -1.6% to +1.8% | 43% | -1.0% to +1.1% | 0.0% |
| above | Day +10 | 21 | -1.5% | -2.0% to +1.3% | 29% | -1.9% to -0.5% | -0.5% |
| below | Day +1 | 21 | +0.5% | -0.3% to +1.2% | 67% | -0.3% to +1.2% | 0.0% |
| below | Day +3 | 21 | +1.5% | -0.7% to +3.3% | 62% | -0.3% to +2.8% | 0.0% |
| below | Day +5 | 20 | +1.8% | -0.9% to +3.1% | 65% | -0.6% to +3.1% | 0.0% |
| below | Day +10 | 20 | +0.3% | -1.1% to +3.8% | 60% | -1.0% to +3.8% | 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/CPB.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/CPB.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/CPB.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).