# SBET: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 7.57 |
| Delta neutral (USD/share) | 5.55 |
| Gamma neutral (USD/share) | 3.29 |
| Gamma max (USD/share) | 9.16 |
| Open interest (contracts) | 643,283 |
| Nearest-expiration max pain (USD/share) | 8.50 (2026-10-23) |
| All-expiration max pain (USD/share) | 8.00 |
| Net gamma exposure | 12,711,253 |
| Confirmed GEX flip (USD/share) | 3.29 |
| Call wall (USD/share) | 10.00 |
| Put wall (USD/share) | 13.00 |
| Put/call open-interest ratio | 0.29 |
| Options catalyst-intensity score (0–100) | 47.2 |
| Options directional score (-100 to +100) | 0.7 |
| IV rank | 70.4 |
| Front-minus-back IV | 5.4 pp |
| Front 25-delta risk reversal | 8.4 pp |
| Call OI change, 1 session | -61,527 contracts · -11.0% |
| Put OI change, 1 session | -5,367 contracts · -3.6% |
| Call minus put OI growth, 1 session | -7.4 pp |
| Call OI change, 5 sessions | -45,881 contracts · -8.4% |
| Put OI change, 5 sessions | -1,600 contracts · -1.1% |
| Call minus put OI growth, 5 sessions | -7.3 pp |
| Daily call OI change surprise | -2.02σ (252 prior changes) |
| Daily put OI change surprise | -0.47σ (252 prior changes) |
| Daily call-minus-put growth surprise | -1.75σ (252 prior changes) |
| Daily open interest change (contracts) | -66,894 |
| Daily open interest change z-score (prior 252) | -1.70σ (252 prior changes) |
| Gamma max distance from close | +21.0% |
| Delta neutral distance from close | -26.7% |
| Prior-year sessions closer to gamma max | 59.9% of 252 |
| Prior-year sessions closer to delta neutral | 84.1% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 7 | +2.4% | +1.5% to +4.0% | 86% | -3.2% to +7.2% | 0.0% |
| above | Day +3 | 7 | +0.5% | -3.0% to +8.7% | 57% | -4.9% to +32.9% | 0.0% |
| above | Day +5 | 7 | +0.6% | -3.3% to +10.7% | 57% | -5.6% to +77.8% | 0.0% |
| above | Day +10 | 7 | +1.3% | -5.1% to +15.2% | 57% | -22.8% to +68.2% | 0.0% |
| below | Day +1 | 6 | -1.2% | -2.8% to +0.6% | 50% | -4.7% to +6.7% | 0.0% |
| below | Day +3 | 6 | -5.7% | -7.1% to +2.4% | 33% | -32.7% to +34.8% | 0.0% |
| below | Day +5 | 6 | +0.4% | -6.8% to +2.9% | 50% | -31.2% to +71.0% | 0.0% |
| below | Day +10 | 6 | -1.6% | -7.4% to +0.6% | 33% | -47.9% to +128.9% | 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/SBET.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/SBET.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/SBET.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).