# PTEN: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 11.50 |
| Delta neutral (USD/share) | 9.52 |
| Gamma neutral (USD/share) | 6.98 |
| Gamma max (USD/share) | 11.82 |
| Open interest (contracts) | 189,664 |
| Nearest-expiration max pain (USD/share) | 11.00 (2026-11-20) |
| All-expiration max pain (USD/share) | 11.00 |
| Net gamma exposure | 24,473,850 |
| Confirmed GEX flip (USD/share) | 6.98 |
| Call wall (USD/share) | 12.00 |
| Put wall (USD/share) | 11.00 |
| Put/call open-interest ratio | 0.19 |
| Options catalyst-intensity score (0–100) | 40.7 |
| Options directional score (-100 to +100) | 9.5 |
| IV rank | 100.0 |
| Front-minus-back IV | 0.0 pp |
| Front 25-delta risk reversal | 4.9 pp |
| Call OI change, 1 session | -713 contracts · -0.4% |
| Put OI change, 1 session | -5,382 contracts · -14.8% |
| Call minus put OI growth, 1 session | +14.4 pp |
| Call OI change, 5 sessions | +222 contracts · +0.1% |
| Put OI change, 5 sessions | -5,245 contracts · -14.5% |
| Call minus put OI growth, 5 sessions | +14.7 pp |
| Daily call OI change surprise | -0.22σ (252 prior changes) |
| Daily put OI change surprise | -1.86σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.92σ (252 prior changes) |
| Daily open interest change (contracts) | -6,095 |
| Daily open interest change z-score (prior 252) | -0.90σ (252 prior changes) |
| Gamma max distance from close | +2.8% |
| Delta neutral distance from close | -17.2% |
| Prior-year sessions closer to gamma max | 22.2% of 252 |
| Prior-year sessions closer to delta neutral | 48.4% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 41 | -0.5% | -1.6% to +1.4% | 39% | -1.1% to +0.2% | 0.0% |
| above | Day +3 | 41 | +0.4% | -2.3% to +4.3% | 56% | -0.9% to +3.0% | 0.0% |
| above | Day +5 | 40 | +1.2% | -4.1% to +5.9% | 55% | -2.1% to +2.4% | 0.0% |
| above | Day +10 | 39 | -1.9% | -5.9% to +6.1% | 44% | -3.6% to +4.6% | 0.0% |
| below | Day +1 | 43 | -0.1% | -1.5% to +3.0% | 42% | -0.9% to +1.7% | 0.0% |
| below | Day +3 | 43 | -0.8% | -2.8% to +4.5% | 47% | -2.1% to +2.5% | 0.0% |
| below | Day +5 | 43 | +0.4% | -5.4% to +4.9% | 51% | -1.3% to +3.5% | 0.0% |
| below | Day +10 | 42 | +2.1% | -7.7% to +8.1% | 55% | -2.7% to +4.0% | 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/PTEN.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/PTEN.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/PTEN.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).