# IQ: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 0.95 |
| Delta neutral (USD/share) | 1.05 |
| Gamma neutral (USD/share) | 1.19 |
| Gamma max (USD/share) | 1.95 |
| Open interest (contracts) | 189,109 |
| Nearest-expiration max pain (USD/share) | 0.50 (2026-10-23) |
| All-expiration max pain (USD/share) | 1.00 |
| Net gamma exposure | -4,385,871 |
| Confirmed GEX flip (USD/share) | 1.19 |
| Call wall (USD/share) | 1.00 |
| Put wall (USD/share) | 1.00 |
| Put/call open-interest ratio | 0.53 |
| Options catalyst-intensity score (0–100) | 56.1 |
| Options directional score (-100 to +100) | 25.1 |
| IV rank | 70.5 |
| Front-minus-back IV | – pp |
| Front 25-delta risk reversal | -68.3 pp |
| Call OI change, 1 session | -242 contracts · -0.2% |
| Put OI change, 1 session | -222 contracts · -0.3% |
| Call minus put OI growth, 1 session | +0.1 pp |
| Call OI change, 5 sessions | +1,740 contracts · +1.4% |
| Put OI change, 5 sessions | -130 contracts · -0.2% |
| Call minus put OI growth, 5 sessions | +1.6 pp |
| Daily call OI change surprise | +0.06σ (252 prior changes) |
| Daily put OI change surprise | +0.03σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.05σ (252 prior changes) |
| Daily open interest change (contracts) | -464 |
| Daily open interest change z-score (prior 252) | +0.05σ (252 prior changes) |
| Gamma max distance from close | +105.5% |
| Delta neutral distance from close | +10.8% |
| Prior-year sessions closer to gamma max | 93.3% of 252 |
| Prior-year sessions closer to delta neutral | 58.3% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 15 | +0.4% | -2.3% to +1.0% | 60% | -2.3% to +1.1% | 0.0% |
| above | Day +3 | 15 | -4.0% | -6.3% to +6.8% | 40% | -7.7% to +7.8% | 0.0% |
| above | Day +5 | 15 | -4.5% | -8.0% to +6.2% | 33% | -8.5% to +9.9% | 0.0% |
| above | Day +10 | 15 | -12.6% | -16.9% to -1.8% | 20% | -17.1% to -0.5% | -0.5% |
| below | Day +1 | 13 | -0.4% | -1.1% to +1.5% | 38% | -1.1% to +1.5% | 0.0% |
| below | Day +3 | 13 | -1.6% | -3.5% to +4.2% | 38% | -3.5% to +4.2% | 0.0% |
| below | Day +5 | 13 | -1.4% | -3.9% to +5.0% | 46% | -3.9% to +5.0% | 0.0% |
| below | Day +10 | 13 | -8.2% | -13.7% to +2.9% | 31% | -13.7% to +2.9% | 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/IQ.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/IQ.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/IQ.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).