# FPS: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 31.68 |
| Delta neutral (USD/share) | 30.13 |
| Gamma neutral (USD/share) | 22.73 |
| Gamma max (USD/share) | 39.78 |
| Open interest (contracts) | 101,749 |
| Nearest-expiration max pain (USD/share) | 35.00 (2026-11-20) |
| All-expiration max pain (USD/share) | 35.00 |
| Net gamma exposure | 2,567,902 |
| Confirmed GEX flip (USD/share) | 22.73 |
| Call wall (USD/share) | 40.00 |
| Put wall (USD/share) | 35.00 |
| Put/call open-interest ratio | 0.45 |
| Options catalyst-intensity score (0–100) | 54.5 |
| Options directional score (-100 to +100) | 7.9 |
| IV rank | 100.0 |
| Front-minus-back IV | 4.4 pp |
| Front 25-delta risk reversal | 3.5 pp |
| Call OI change, 1 session | -27,081 contracts · -27.8% |
| Put OI change, 1 session | -7,860 contracts · -20.0% |
| Call minus put OI growth, 1 session | -7.8 pp |
| Call OI change, 5 sessions | -27,860 contracts · -28.4% |
| Put OI change, 5 sessions | -6,577 contracts · -17.3% |
| Call minus put OI growth, 5 sessions | -11.0 pp |
| Daily call OI change surprise | — (170 prior changes) |
| Daily put OI change surprise | — (170 prior changes) |
| Daily call-minus-put growth surprise | — (153 prior changes) |
| Daily open interest change (contracts) | -34,941 |
| Daily open interest change z-score (prior 252) | — |
| Gamma max distance from close | +25.6% |
| Delta neutral distance from close | -4.9% |
| Prior-year sessions closer to gamma max | 82.9% of 170 |
| Prior-year sessions closer to delta neutral | 13.5% of 170 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 7 | -1.3% | -2.6% to +1.2% | 29% | -4.3% to +9.2% | 0.0% |
| above | Day +3 | 7 | +1.1% | -0.9% to +3.2% | 71% | -3.2% to +8.4% | 0.0% |
| above | Day +5 | 7 | +4.8% | -1.0% to +10.8% | 57% | -12.5% to +14.5% | 0.0% |
| above | Day +10 | 6 | +4.9% | -4.6% to +15.8% | 67% | -21.5% to +21.9% | 0.0% |
| below | Day +1 | 8 | -0.4% | -2.2% to +2.2% | 50% | -2.5% to +3.6% | 0.0% |
| below | Day +3 | 8 | +1.6% | -0.4% to +2.4% | 75% | -5.2% to +3.3% | 0.0% |
| below | Day +5 | 8 | +2.3% | -6.9% to +4.5% | 63% | -13.1% to +6.5% | 0.0% |
| below | Day +10 | 6 | +1.9% | -1.1% to +4.5% | 67% | -25.1% to +32.0% | 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/FPS.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/FPS.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/FPS.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).