# NOK: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 9.14 |
| Delta neutral (USD/share) | 9.35 |
| Gamma neutral (USD/share) | 7.83 |
| Gamma max (USD/share) | 12.27 |
| Open interest (contracts) | 2,791,337 |
| Nearest-expiration max pain (USD/share) | 10.00 (2026-10-23) |
| All-expiration max pain (USD/share) | 10.00 |
| Net gamma exposure | 29,570,111 |
| Confirmed GEX flip (USD/share) | 7.83 |
| Call wall (USD/share) | 10.00 |
| Put wall (USD/share) | 9.00 |
| Put/call open-interest ratio | 0.38 |
| Options catalyst-intensity score (0–100) | 56.8 |
| Options directional score (-100 to +100) | 18.5 |
| IV rank | 87.4 |
| Front-minus-back IV | 40.8 pp |
| Front 25-delta risk reversal | 0.5 pp |
| Call OI change, 1 session | -306,448 contracts · -13.2% |
| Put OI change, 1 session | -139,474 contracts · -15.3% |
| Call minus put OI growth, 1 session | +2.2 pp |
| Call OI change, 5 sessions | -274,896 contracts · -12.0% |
| Put OI change, 5 sessions | -97,384 contracts · -11.2% |
| Call minus put OI growth, 5 sessions | -0.8 pp |
| Daily call OI change surprise | -3.25σ (252 prior changes) |
| Daily put OI change surprise | -3.71σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.44σ (252 prior changes) |
| Daily open interest change (contracts) | -445,922 |
| Daily open interest change z-score (prior 252) | -3.47σ (252 prior changes) |
| Gamma max distance from close | +34.3% |
| Delta neutral distance from close | +2.4% |
| Prior-year sessions closer to gamma max | 97.6% of 252 |
| Prior-year sessions closer to delta neutral | 2.8% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 54 | 0.0% | -1.1% to +0.9% | 46% | -0.4% to +0.5% | 0.0% |
| above | Day +3 | 54 | -0.9% | -2.8% to +0.9% | 35% | -1.6% to 0.0% | 0.0% |
| above | Day +5 | 54 | -1.0% | -2.7% to +2.0% | 44% | -1.6% to +0.7% | 0.0% |
| above | Day +10 | 54 | +0.4% | -4.1% to +3.5% | 52% | -2.2% to +2.1% | 0.0% |
| below | Day +1 | 54 | -0.1% | -1.0% to +0.8% | 43% | -0.7% to +0.2% | 0.0% |
| below | Day +3 | 54 | -0.7% | -2.7% to +1.5% | 41% | -1.3% to +0.8% | 0.0% |
| below | Day +5 | 54 | +0.2% | -2.0% to +3.8% | 52% | -1.2% to +1.8% | 0.0% |
| below | Day +10 | 54 | +1.7% | -2.7% to +4.6% | 56% | -1.0% to +3.6% | 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/NOK.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/NOK.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/NOK.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).