# QS: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 4.01 |
| Delta neutral (USD/share) | 3.63 |
| Gamma neutral (USD/share) | 4.01 |
| Gamma max (USD/share) | 4.85 |
| Open interest (contracts) | 671,791 |
| Nearest-expiration max pain (USD/share) | 4.50 (2026-10-23) |
| All-expiration max pain (USD/share) | 5.00 |
| Net gamma exposure | 12,829,833 |
| Call wall (USD/share) | 4.00 |
| Put wall (USD/share) | 5.00 |
| Put/call open-interest ratio | 0.25 |
| Options catalyst-intensity score (0–100) | 73.8 |
| Options directional score (-100 to +100) | -4.1 |
| IV rank | 100.0 |
| Front-minus-back IV | 33.6 pp |
| Front 25-delta risk reversal | 33.7 pp |
| Call OI change, 1 session | -7,319 contracts · -1.3% |
| Put OI change, 1 session | -7,756 contracts · -5.5% |
| Call minus put OI growth, 1 session | +4.2 pp |
| Call OI change, 5 sessions | +24,061 contracts · +4.7% |
| Put OI change, 5 sessions | -3,918 contracts · -2.9% |
| Call minus put OI growth, 5 sessions | +7.5 pp |
| Daily call OI change surprise | -0.24σ (252 prior changes) |
| Daily put OI change surprise | -0.64σ (252 prior changes) |
| Daily call-minus-put growth surprise | +1.89σ (252 prior changes) |
| Daily open interest change (contracts) | -15,075 |
| Daily open interest change z-score (prior 252) | -0.36σ (252 prior changes) |
| Gamma max distance from close | +21.0% |
| Delta neutral distance from close | -9.4% |
| Prior-year sessions closer to gamma max | 73.8% of 252 |
| Prior-year sessions closer to delta neutral | 3.2% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 26 | -1.1% | -3.0% to +2.2% | 38% | -2.4% to +2.0% | 0.0% |
| above | Day +3 | 26 | -2.2% | -9.8% to +4.9% | 42% | -7.0% to +3.0% | 0.0% |
| above | Day +5 | 26 | -4.5% | -11.1% to +4.8% | 35% | -9.4% to +3.1% | 0.0% |
| above | Day +10 | 26 | -5.0% | -15.9% to +7.5% | 31% | -12.7% to -0.7% | -0.7% |
| below | Day +1 | 25 | -2.5% | -6.2% to +3.1% | 36% | -5.4% to +2.9% | 0.0% |
| below | Day +3 | 25 | -5.3% | -8.3% to +7.0% | 28% | -7.8% to -1.9% | -1.9% |
| below | Day +5 | 25 | -4.9% | -10.0% to +4.8% | 40% | -10.0% to +4.7% | 0.0% |
| below | Day +10 | 25 | -7.6% | -21.2% to +8.1% | 40% | -20.1% to +5.1% | 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/QS.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/QS.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/QS.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).