# JPM: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 339.72 |
| Delta neutral (USD/share) | 330.38 |
| Gamma neutral (USD/share) | 332.19 |
| Gamma max (USD/share) | 364.04 |
| Open interest (contracts) | 579,767 |
| Nearest-expiration max pain (USD/share) | 335.00 (2026-10-23) |
| All-expiration max pain (USD/share) | 330.00 |
| Net gamma exposure | 15,406,539 |
| Confirmed GEX flip (USD/share) | 332.19 |
| Call wall (USD/share) | 350.00 |
| Put wall (USD/share) | 330.00 |
| Put/call open-interest ratio | 1.12 |
| Options catalyst-intensity score (0–100) | 61.8 |
| Options directional score (-100 to +100) | -26.6 |
| IV rank | 100.0 |
| Front-minus-back IV | 1.9 pp |
| Front 25-delta risk reversal | 6.1 pp |
| Call OI change, 1 session | -77,074 contracts · -22.0% |
| Put OI change, 1 session | -48,335 contracts · -13.6% |
| Call minus put OI growth, 1 session | -8.3 pp |
| Call OI change, 5 sessions | -42,221 contracts · -13.4% |
| Put OI change, 5 sessions | -16,100 contracts · -5.0% |
| Call minus put OI growth, 5 sessions | -8.4 pp |
| Daily call OI change surprise | -3.99σ (252 prior changes) |
| Daily put OI change surprise | -2.23σ (252 prior changes) |
| Daily call-minus-put growth surprise | -3.21σ (252 prior changes) |
| Daily open interest change (contracts) | -125,409 |
| Daily open interest change z-score (prior 252) | -3.16σ (252 prior changes) |
| Gamma max distance from close | +7.2% |
| Delta neutral distance from close | -2.7% |
| Prior-year sessions closer to gamma max | 71.0% of 252 |
| Prior-year sessions closer to delta neutral | 34.9% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 17 | -0.1% | -0.6% to +0.3% | 41% | -0.6% to +0.3% | 0.0% |
| above | Day +3 | 17 | -0.1% | -0.9% to +0.6% | 47% | -0.9% to +0.6% | 0.0% |
| above | Day +5 | 17 | -0.1% | -1.7% to +2.5% | 47% | -1.7% to +2.5% | 0.0% |
| above | Day +10 | 17 | -0.5% | -1.1% to +2.5% | 47% | -1.1% to +2.5% | 0.0% |
| below | Day +1 | 17 | +0.1% | -0.8% to +1.0% | 53% | -0.8% to +1.0% | 0.0% |
| below | Day +3 | 17 | +0.2% | -1.0% to +1.7% | 59% | -1.0% to +1.7% | 0.0% |
| below | Day +5 | 17 | +0.6% | -1.4% to +1.4% | 59% | -1.4% to +1.4% | 0.0% |
| below | Day +10 | 17 | +0.7% | -1.2% to +2.3% | 59% | -1.2% to +2.3% | 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/JPM.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/JPM.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/JPM.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).