# ETSY: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 85.14 |
| Delta neutral (USD/share) | 62.02 |
| Gamma neutral (USD/share) | 52.16 |
| Gamma max (USD/share) | 82.62 |
| Open interest (contracts) | 155,185 |
| Nearest-expiration max pain (USD/share) | 75.00 (2026-10-23) |
| All-expiration max pain (USD/share) | 60.00 |
| Net gamma exposure | 10,999,980 |
| Confirmed GEX flip (USD/share) | 52.16 |
| Call wall (USD/share) | 95.00 |
| Put wall (USD/share) | 85.00 |
| Put/call open-interest ratio | 0.34 |
| Options catalyst-intensity score (0–100) | 59.8 |
| Options directional score (-100 to +100) | -12.1 |
| IV rank | 100.0 |
| Front-minus-back IV | -2.0 pp |
| Front 25-delta risk reversal | 76.1 pp |
| Call OI change, 1 session | -12,399 contracts · -9.7% |
| Put OI change, 1 session | -9,823 contracts · -19.9% |
| Call minus put OI growth, 1 session | +10.2 pp |
| Call OI change, 5 sessions | -6,486 contracts · -5.3% |
| Put OI change, 5 sessions | -6,469 contracts · -14.0% |
| Call minus put OI growth, 5 sessions | +8.7 pp |
| Daily call OI change surprise | -1.37σ (252 prior changes) |
| Daily put OI change surprise | -1.28σ (252 prior changes) |
| Daily call-minus-put growth surprise | +2.06σ (252 prior changes) |
| Daily open interest change (contracts) | -22,222 |
| Daily open interest change z-score (prior 252) | -1.38σ (252 prior changes) |
| Gamma max distance from close | -3.0% |
| Delta neutral distance from close | -27.2% |
| Prior-year sessions closer to gamma max | 8.3% of 252 |
| Prior-year sessions closer to delta neutral | 100.0% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 19 | -0.5% | -2.5% to +1.5% | 37% | -2.5% to +0.9% | 0.0% |
| above | Day +3 | 19 | -1.1% | -2.9% to +2.8% | 42% | -2.4% to +1.7% | 0.0% |
| above | Day +5 | 19 | -0.4% | -6.0% to +3.1% | 37% | -5.8% to +2.4% | 0.0% |
| above | Day +10 | 19 | -0.7% | -5.5% to +3.8% | 37% | -5.3% to +2.9% | 0.0% |
| below | Day +1 | 18 | -0.4% | -2.3% to +1.5% | 50% | -2.0% to +1.3% | 0.0% |
| below | Day +3 | 18 | -2.3% | -3.8% to +2.4% | 33% | -3.5% to +0.6% | 0.0% |
| below | Day +5 | 18 | -3.9% | -8.8% to +2.6% | 39% | -8.4% to +2.4% | 0.0% |
| below | Day +10 | 18 | -2.5% | -7.7% to +0.7% | 28% | -7.6% to -0.4% | -0.4% |

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