# HPQ: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 30.01 |
| Delta neutral (USD/share) | 27.97 |
| Gamma neutral (USD/share) | 27.81 |
| Gamma max (USD/share) | 34.25 |
| Open interest (contracts) | 331,322 |
| Nearest-expiration max pain (USD/share) | 31.00 (2026-10-23) |
| All-expiration max pain (USD/share) | 29.00 |
| Net gamma exposure | 5,660,907 |
| Confirmed GEX flip (USD/share) | 27.81 |
| Call wall (USD/share) | 30.00 |
| Put wall (USD/share) | 30.00 |
| Put/call open-interest ratio | 0.79 |
| Options catalyst-intensity score (0–100) | 56.7 |
| Options directional score (-100 to +100) | -2.5 |
| IV rank | 100.0 |
| Front-minus-back IV | -0.4 pp |
| Front 25-delta risk reversal | -6.0 pp |
| Call OI change, 1 session | -34,189 contracts · -15.6% |
| Put OI change, 1 session | -95,364 contracts · -39.4% |
| Call minus put OI growth, 1 session | +23.8 pp |
| Call OI change, 5 sessions | -17,395 contracts · -8.6% |
| Put OI change, 5 sessions | -83,253 contracts · -36.2% |
| Call minus put OI growth, 5 sessions | +27.6 pp |
| Daily call OI change surprise | -2.41σ (252 prior changes) |
| Daily put OI change surprise | -6.19σ (252 prior changes) |
| Daily call-minus-put growth surprise | +4.45σ (252 prior changes) |
| Daily open interest change (contracts) | -129,553 |
| Daily open interest change z-score (prior 252) | -4.69σ (252 prior changes) |
| Gamma max distance from close | +14.1% |
| Delta neutral distance from close | -6.8% |
| Prior-year sessions closer to gamma max | 55.2% of 252 |
| Prior-year sessions closer to delta neutral | 61.1% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 32 | -0.5% | -1.2% to +0.2% | 28% | -0.9% to -0.2% | -0.2% |
| above | Day +3 | 32 | -0.8% | -3.4% to +0.6% | 31% | -2.1% to -0.0% | -0.0% |
| above | Day +5 | 32 | -0.8% | -3.5% to +1.2% | 41% | -2.6% to +0.6% | 0.0% |
| above | Day +10 | 32 | +0.2% | -2.9% to +3.5% | 53% | -1.7% to +2.6% | 0.0% |
| below | Day +1 | 33 | -0.3% | -1.9% to +0.5% | 36% | -1.2% to +0.3% | 0.0% |
| below | Day +3 | 33 | -0.2% | -2.4% to +1.4% | 39% | -1.2% to +0.6% | 0.0% |
| below | Day +5 | 33 | -0.5% | -2.6% to +2.0% | 45% | -1.5% to +1.1% | 0.0% |
| below | Day +10 | 33 | +0.4% | -1.7% to +4.9% | 58% | -1.1% to +4.0% | 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/HPQ.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/HPQ.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/HPQ.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).