# SPOT: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 530.46 |
| Delta neutral (USD/share) | 504.96 |
| Gamma neutral (USD/share) | 498.66 |
| Gamma max (USD/share) | 597.03 |
| Open interest (contracts) | 103,289 |
| Nearest-expiration max pain (USD/share) | 510.00 (2026-10-23) |
| All-expiration max pain (USD/share) | 520.00 |
| Net gamma exposure | 2,152,526 |
| Confirmed GEX flip (USD/share) | 498.66 |
| Call wall (USD/share) | 575.00 |
| Put wall (USD/share) | 500.00 |
| Put/call open-interest ratio | 1.00 |
| Options catalyst-intensity score (0–100) | 54.0 |
| Options directional score (-100 to +100) | -3.9 |
| IV rank | 82.8 |
| Front-minus-back IV | 47.1 pp |
| Front 25-delta risk reversal | 0.3 pp |
| Call OI change, 1 session | -16,651 contracts · -24.4% |
| Put OI change, 1 session | -10,304 contracts · -16.6% |
| Call minus put OI growth, 1 session | -7.7 pp |
| Call OI change, 5 sessions | -13,810 contracts · -21.1% |
| Put OI change, 5 sessions | -7,077 contracts · -12.1% |
| Call minus put OI growth, 5 sessions | -9.0 pp |
| Daily call OI change surprise | -2.67σ (252 prior changes) |
| Daily put OI change surprise | -1.87σ (252 prior changes) |
| Daily call-minus-put growth surprise | -2.71σ (252 prior changes) |
| Daily open interest change (contracts) | -26,955 |
| Daily open interest change z-score (prior 252) | -2.35σ (252 prior changes) |
| Gamma max distance from close | +12.5% |
| Delta neutral distance from close | -4.8% |
| Prior-year sessions closer to gamma max | 45.6% of 252 |
| Prior-year sessions closer to delta neutral | 69.4% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 23 | +0.2% | -1.4% to +1.4% | 57% | -0.4% to +0.8% | 0.0% |
| above | Day +3 | 23 | +0.9% | -2.1% to +4.1% | 65% | -1.7% to +3.3% | 0.0% |
| above | Day +5 | 23 | +1.3% | -2.5% to +3.4% | 65% | -1.5% to +3.1% | 0.0% |
| above | Day +10 | 23 | +0.2% | -5.2% to +8.1% | 52% | -4.3% to +4.9% | 0.0% |
| below | Day +1 | 22 | +0.3% | -0.6% to +1.9% | 59% | -0.6% to +1.4% | 0.0% |
| below | Day +3 | 22 | +1.8% | -1.1% to +3.8% | 64% | -0.6% to +3.6% | 0.0% |
| below | Day +5 | 22 | +0.8% | -1.7% to +3.0% | 55% | -1.4% to +2.2% | 0.0% |
| below | Day +10 | 22 | +0.2% | -2.8% to +6.5% | 50% | -2.1% 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/SPOT.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/SPOT.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/SPOT.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).