# CVE: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 32.94 |
| Delta neutral (USD/share) | 28.95 |
| Gamma neutral (USD/share) | 26.51 |
| Gamma max (USD/share) | 35.66 |
| Open interest (contracts) | 118,972 |
| Nearest-expiration max pain (USD/share) | 32.00 (2026-11-20) |
| All-expiration max pain (USD/share) | 17.00 |
| Net gamma exposure | 3,834,165 |
| Confirmed GEX flip (USD/share) | 26.51 |
| Call wall (USD/share) | 35.00 |
| Put wall (USD/share) | 30.00 |
| Put/call open-interest ratio | 0.42 |
| Options catalyst-intensity score (0–100) | 37.6 |
| Options directional score (-100 to +100) | 16.8 |
| IV rank | 99.0 |
| Front-minus-back IV | 2.3 pp |
| Front 25-delta risk reversal | -0.2 pp |
| Call OI change, 1 session | -9,861 contracts · -10.5% |
| Put OI change, 1 session | -11,646 contracts · -24.8% |
| Call minus put OI growth, 1 session | +14.3 pp |
| Call OI change, 5 sessions | -8,462 contracts · -9.2% |
| Put OI change, 5 sessions | -8,943 contracts · -20.2% |
| Call minus put OI growth, 5 sessions | +11.0 pp |
| Daily call OI change surprise | -1.53σ (252 prior changes) |
| Daily put OI change surprise | -2.21σ (252 prior changes) |
| Daily call-minus-put growth surprise | +3.20σ (252 prior changes) |
| Daily open interest change (contracts) | -21,507 |
| Daily open interest change z-score (prior 252) | -1.94σ (252 prior changes) |
| Gamma max distance from close | +8.3% |
| Delta neutral distance from close | -12.1% |
| Prior-year sessions closer to gamma max | 61.5% of 252 |
| Prior-year sessions closer to delta neutral | 37.3% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 45 | +0.2% | -0.7% to +1.9% | 56% | -0.2% to +0.5% | 0.0% |
| above | Day +3 | 45 | +1.7% | -3.3% to +3.2% | 69% | +0.9% to +2.9% | +0.9% |
| above | Day +5 | 45 | +2.4% | -1.3% to +5.8% | 69% | +0.9% to +3.4% | +0.9% |
| above | Day +10 | 45 | +3.2% | -1.9% to +8.8% | 69% | +0.9% to +6.4% | +0.9% |
| below | Day +1 | 44 | -0.4% | -2.1% to +1.4% | 41% | -1.3% to +0.6% | 0.0% |
| below | Day +3 | 44 | +0.0% | -2.8% to +2.4% | 50% | -1.1% to +1.1% | 0.0% |
| below | Day +5 | 44 | +0.7% | -3.5% to +3.7% | 50% | -2.1% to +2.5% | 0.0% |
| below | Day +10 | 44 | +2.9% | -1.9% to +5.9% | 66% | +0.2% to +4.4% | +0.2% |

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