# NRGV: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 2.84 |
| Delta neutral (USD/share) | 1.86 |
| Gamma neutral (USD/share) | 2.84 |
| Gamma max (USD/share) | 2.55 |
| Open interest (contracts) | 217,034 |
| Nearest-expiration max pain (USD/share) | 5.00 (2026-11-20) |
| All-expiration max pain (USD/share) | 4.00 |
| Net gamma exposure | 6,784,103 |
| Call wall (USD/share) | 4.00 |
| Put wall (USD/share) | 5.00 |
| Put/call open-interest ratio | 0.13 |
| Options catalyst-intensity score (0–100) | 52.7 |
| Options directional score (-100 to +100) | 40.5 |
| IV rank | 100.0 |
| Front-minus-back IV | – pp |
| Front 25-delta risk reversal | -23.9 pp |
| Call OI change, 1 session | -11,544 contracts · -5.7% |
| Put OI change, 1 session | -524 contracts · -2.0% |
| Call minus put OI growth, 1 session | -3.6 pp |
| Call OI change, 5 sessions | -9,378 contracts · -4.7% |
| Put OI change, 5 sessions | -1,114 contracts · -4.2% |
| Call minus put OI growth, 5 sessions | -0.4 pp |
| Daily call OI change surprise | -2.26σ (252 prior changes) |
| Daily put OI change surprise | -0.38σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.17σ (252 prior changes) |
| Daily open interest change (contracts) | -12,068 |
| Daily open interest change z-score (prior 252) | -1.98σ (252 prior changes) |
| Gamma max distance from close | -10.1% |
| Delta neutral distance from close | -34.5% |
| Prior-year sessions closer to gamma max | 36.9% of 252 |
| Prior-year sessions closer to delta neutral | 2.0% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 27 | +0.7% | -2.3% to +4.6% | 56% | -1.8% to +3.8% | 0.0% |
| above | Day +3 | 27 | +0.5% | -6.1% to +5.3% | 52% | -1.6% to +4.4% | 0.0% |
| above | Day +5 | 27 | +2.5% | -8.8% to +11.7% | 52% | -6.8% to +10.8% | 0.0% |
| above | Day +10 | 27 | -3.9% | -15.1% to +15.2% | 41% | -14.0% to +11.8% | 0.0% |
| below | Day +1 | 35 | +1.2% | -1.3% to +3.6% | 69% | +0.4% to +3.1% | +0.4% |
| below | Day +3 | 34 | -1.3% | -9.9% to +7.5% | 47% | -5.1% to +3.4% | 0.0% |
| below | Day +5 | 34 | +0.3% | -8.0% to +6.1% | 50% | -5.3% to +3.9% | 0.0% |
| below | Day +10 | 33 | -1.1% | -13.6% to +16.1% | 45% | -5.6% to +5.9% | 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/NRGV.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/NRGV.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/NRGV.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).