# SQQQ: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 38.87 |
| Delta neutral (USD/share) | 32.79 |
| Gamma neutral (USD/share) | 25.19 |
| Gamma max (USD/share) | 36.69 |
| Open interest (contracts) | 344,597 |
| Nearest-expiration max pain (USD/share) | 35.00 (2026-10-23) |
| All-expiration max pain (USD/share) | 35.00 |
| Net gamma exposure | 18,122,586 |
| Confirmed GEX flip (USD/share) | 25.19 |
| Call wall (USD/share) | 40.00 |
| Put wall (USD/share) | 40.00 |
| Put/call open-interest ratio | 0.46 |
| Options catalyst-intensity score (0–100) | 57.1 |
| Options directional score (-100 to +100) | 28.5 |
| IV rank | 52.5 |
| Front-minus-back IV | 11.1 pp |
| Front 25-delta risk reversal | -24.1 pp |
| Call OI change, 1 session | -106,099 contracts · -31.1% |
| Put OI change, 1 session | -41,301 contracts · -27.5% |
| Call minus put OI growth, 1 session | -3.6 pp |
| Call OI change, 5 sessions | -61,184 contracts · -20.6% |
| Put OI change, 5 sessions | -25,122 contracts · -18.7% |
| Call minus put OI growth, 5 sessions | -1.9 pp |
| Daily call OI change surprise | -2.16σ (250 prior changes) |
| Daily put OI change surprise | -2.25σ (250 prior changes) |
| Daily call-minus-put growth surprise | -0.41σ (250 prior changes) |
| Daily open interest change (contracts) | -147,400 |
| Daily open interest change z-score (prior 252) | -2.21σ (252 prior changes) |
| Gamma max distance from close | -5.6% |
| Delta neutral distance from close | -15.6% |
| Prior-year sessions closer to gamma max | 45.0% of 251 |
| Prior-year sessions closer to delta neutral | 98.0% of 251 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 107 | +0.1% | -2.4% to +3.1% | 51% | -0.4% to +0.7% | 0.0% |
| above | Day +3 | 107 | -1.9% | -6.2% to +4.2% | 42% | -3.9% to +0.2% | 0.0% |
| above | Day +5 | 106 | -2.1% | -7.5% to +5.2% | 43% | -3.7% to +0.5% | 0.0% |
| above | Day +10 | 106 | -4.3% | -11.0% to +7.3% | 35% | -7.2% to -2.3% | -2.3% |
| below | Day +1 | 104 | -0.8% | -3.3% to +3.0% | 44% | -1.9% to +0.2% | 0.0% |
| below | Day +3 | 104 | -0.8% | -5.8% to +2.8% | 45% | -2.3% to +0.2% | 0.0% |
| below | Day +5 | 104 | -3.2% | -8.4% to +6.6% | 43% | -4.6% to +0.5% | 0.0% |
| below | Day +10 | 104 | -3.4% | -11.0% to +5.8% | 42% | -6.3% to +0.1% | 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/SQQQ.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/SQQQ.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/SQQQ.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).