# DLO: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 14.67 |
| Delta neutral (USD/share) | 10.92 |
| Gamma neutral (USD/share) | 8.17 |
| Gamma max (USD/share) | 14.88 |
| Open interest (contracts) | 227,726 |
| Nearest-expiration max pain (USD/share) | 14.00 (2026-11-20) |
| All-expiration max pain (USD/share) | 12.00 |
| Net gamma exposure | 23,804,325 |
| Confirmed GEX flip (USD/share) | 8.17 |
| Call wall (USD/share) | 17.00 |
| Put wall (USD/share) | 12.00 |
| Put/call open-interest ratio | 0.17 |
| Options catalyst-intensity score (0–100) | 51.4 |
| Options directional score (-100 to +100) | 14.8 |
| IV rank | 100.0 |
| Front-minus-back IV | 9.0 pp |
| Front 25-delta risk reversal | 4.5 pp |
| Call OI change, 1 session | -10,381 contracts · -5.0% |
| Put OI change, 1 session | -1,312 contracts · -3.9% |
| Call minus put OI growth, 1 session | -1.1 pp |
| Call OI change, 5 sessions | -9,838 contracts · -4.8% |
| Put OI change, 5 sessions | -654 contracts · -2.0% |
| Call minus put OI growth, 5 sessions | -2.8 pp |
| Daily call OI change surprise | -0.88σ (252 prior changes) |
| Daily put OI change surprise | -0.35σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.15σ (252 prior changes) |
| Daily open interest change (contracts) | -11,693 |
| Daily open interest change z-score (prior 252) | -0.84σ (252 prior changes) |
| Gamma max distance from close | +1.4% |
| Delta neutral distance from close | -25.6% |
| Prior-year sessions closer to gamma max | 7.1% of 252 |
| Prior-year sessions closer to delta neutral | 65.9% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 35 | +1.2% | -2.5% to +3.0% | 54% | -0.6% to +2.4% | 0.0% |
| above | Day +3 | 35 | -1.5% | -4.0% to +2.6% | 43% | -2.8% to +1.2% | 0.0% |
| above | Day +5 | 35 | -1.3% | -4.8% to +4.4% | 49% | -2.8% to +2.2% | 0.0% |
| above | Day +10 | 35 | -0.6% | -6.6% to +4.6% | 46% | -2.8% to +2.5% | 0.0% |
| below | Day +1 | 36 | +0.7% | -1.2% to +2.3% | 61% | -0.1% to +1.3% | 0.0% |
| below | Day +3 | 36 | +1.3% | -2.7% to +3.1% | 61% | -0.6% to +2.5% | 0.0% |
| below | Day +5 | 36 | -1.1% | -3.6% to +3.8% | 44% | -2.5% to +1.5% | 0.0% |
| below | Day +10 | 36 | -1.6% | -5.9% to +5.1% | 44% | -4.1% to +3.7% | 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/DLO.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/DLO.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/DLO.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).