# LOW: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 197.31 |
| Delta neutral (USD/share) | 201.44 |
| Gamma neutral (USD/share) | 194.25 |
| Gamma max (USD/share) | 264.27 |
| Open interest (contracts) | 106,017 |
| Nearest-expiration max pain (USD/share) | 190.00 (2026-10-23) |
| All-expiration max pain (USD/share) | 200.00 |
| Net gamma exposure | 840,439 |
| Confirmed GEX flip (USD/share) | 194.25 |
| Call wall (USD/share) | 200.00 |
| Put wall (USD/share) | 190.00 |
| Put/call open-interest ratio | 0.98 |
| Options catalyst-intensity score (0–100) | 62.8 |
| Options directional score (-100 to +100) | -25.3 |
| IV rank | 100.0 |
| Front-minus-back IV | -0.2 pp |
| Front 25-delta risk reversal | 9.5 pp |
| Call OI change, 1 session | -38,634 contracts · -41.9% |
| Put OI change, 1 session | -15,172 contracts · -22.4% |
| Call minus put OI growth, 1 session | -19.5 pp |
| Call OI change, 5 sessions | -35,206 contracts · -39.7% |
| Put OI change, 5 sessions | -11,250 contracts · -17.6% |
| Call minus put OI growth, 5 sessions | -22.1 pp |
| Daily call OI change surprise | -8.81σ (252 prior changes) |
| Daily put OI change surprise | -4.06σ (252 prior changes) |
| Daily call-minus-put growth surprise | -4.45σ (252 prior changes) |
| Daily open interest change (contracts) | -53,806 |
| Daily open interest change z-score (prior 252) | -7.00σ (252 prior changes) |
| Gamma max distance from close | +33.9% |
| Delta neutral distance from close | +2.1% |
| Prior-year sessions closer to gamma max | 99.6% of 252 |
| Prior-year sessions closer to delta neutral | 27.0% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 11 | +1.1% | -0.5% to +1.3% | 64% | -1.0% to +1.4% | 0.0% |
| above | Day +3 | 11 | -0.1% | -1.4% to +1.6% | 45% | -2.1% to +1.7% | 0.0% |
| above | Day +5 | 11 | -0.9% | -1.9% to +2.5% | 45% | -1.9% to +3.9% | 0.0% |
| above | Day +10 | 11 | -1.3% | -3.5% to +1.8% | 45% | -3.9% to +2.4% | 0.0% |
| below | Day +1 | 11 | +0.5% | -1.1% to +0.8% | 55% | -1.6% to +0.9% | 0.0% |
| below | Day +3 | 11 | -1.5% | -2.0% to +1.0% | 45% | -2.1% to +1.3% | 0.0% |
| below | Day +5 | 11 | 0.0% | -3.5% to +1.0% | 45% | -3.6% to +1.0% | 0.0% |
| below | Day +10 | 11 | -2.9% | -4.4% to +0.7% | 27% | -5.8% to +1.8% | 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/LOW.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/LOW.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/LOW.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).