# PG: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 159.32 |
| Delta neutral (USD/share) | 146.58 |
| Gamma neutral (USD/share) | 142.80 |
| Gamma max (USD/share) | 161.01 |
| Open interest (contracts) | 284,225 |
| Nearest-expiration max pain (USD/share) | 150.00 (2026-10-23) |
| All-expiration max pain (USD/share) | 150.00 |
| Net gamma exposure | 41,191,190 |
| Confirmed GEX flip (USD/share) | 142.80 |
| Call wall (USD/share) | 160.00 |
| Put wall (USD/share) | 150.00 |
| Put/call open-interest ratio | 0.76 |
| Options catalyst-intensity score (0–100) | 56.1 |
| Options directional score (-100 to +100) | -17.2 |
| IV rank | 54.7 |
| Front-minus-back IV | 14.5 pp |
| Front 25-delta risk reversal | 7.0 pp |
| Call OI change, 1 session | -53,485 contracts · -24.9% |
| Put OI change, 1 session | -35,442 contracts · -22.3% |
| Call minus put OI growth, 1 session | -2.6 pp |
| Call OI change, 5 sessions | -48,006 contracts · -23.0% |
| Put OI change, 5 sessions | -25,682 contracts · -17.3% |
| Call minus put OI growth, 5 sessions | -5.7 pp |
| Daily call OI change surprise | -4.26σ (252 prior changes) |
| Daily put OI change surprise | -4.83σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.98σ (252 prior changes) |
| Daily open interest change (contracts) | -88,927 |
| Daily open interest change z-score (prior 252) | -4.57σ (252 prior changes) |
| Gamma max distance from close | +1.1% |
| Delta neutral distance from close | -8.0% |
| Prior-year sessions closer to gamma max | 4.0% of 252 |
| Prior-year sessions closer to delta neutral | 98.8% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 13 | +0.1% | -0.4% to +0.4% | 54% | -0.4% to +0.4% | 0.0% |
| above | Day +3 | 13 | -0.0% | -0.7% to +0.7% | 46% | -0.7% to +0.7% | 0.0% |
| above | Day +5 | 13 | +0.5% | -0.3% to +1.6% | 62% | -0.3% to +1.6% | 0.0% |
| above | Day +10 | 13 | +1.9% | -0.9% to +3.7% | 62% | -0.9% to +3.7% | 0.0% |
| below | Day +1 | 13 | -0.1% | -0.8% to +0.3% | 46% | -0.8% to +0.3% | 0.0% |
| below | Day +3 | 13 | +0.5% | -0.7% to +1.1% | 62% | -0.7% to +1.1% | 0.0% |
| below | Day +5 | 13 | +0.9% | -1.1% to +1.7% | 62% | -1.1% to +1.7% | 0.0% |
| below | Day +10 | 13 | +2.5% | -0.6% to +3.7% | 69% | -0.6% to +3.7% | 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/PG.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/PG.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/PG.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).