# STM: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 45.39 |
| Delta neutral (USD/share) | 48.73 |
| Gamma neutral (USD/share) | 43.81 |
| Gamma max (USD/share) | 51.46 |
| Open interest (contracts) | 306,811 |
| Nearest-expiration max pain (USD/share) | 48.00 (2026-10-23) |
| All-expiration max pain (USD/share) | 50.00 |
| Net gamma exposure | 2,308,945 |
| Confirmed GEX flip (USD/share) | 43.81 |
| Call wall (USD/share) | 50.00 |
| Put wall (USD/share) | 50.00 |
| Put/call open-interest ratio | 0.80 |
| Options catalyst-intensity score (0–100) | 62.4 |
| Options directional score (-100 to +100) | 5.6 |
| IV rank | 100.0 |
| Front-minus-back IV | 10.4 pp |
| Front 25-delta risk reversal | -0.0 pp |
| Call OI change, 1 session | -59,523 contracts · -25.9% |
| Put OI change, 1 session | -21,541 contracts · -13.7% |
| Call minus put OI growth, 1 session | -12.2 pp |
| Call OI change, 5 sessions | -38,903 contracts · -18.6% |
| Put OI change, 5 sessions | -23,020 contracts · -14.5% |
| Call minus put OI growth, 5 sessions | -4.1 pp |
| Daily call OI change surprise | -5.06σ (252 prior changes) |
| Daily put OI change surprise | -4.55σ (252 prior changes) |
| Daily call-minus-put growth surprise | -3.28σ (252 prior changes) |
| Daily open interest change (contracts) | -81,064 |
| Daily open interest change z-score (prior 252) | -5.09σ (252 prior changes) |
| Gamma max distance from close | +13.4% |
| Delta neutral distance from close | +7.4% |
| Prior-year sessions closer to gamma max | 77.0% of 252 |
| Prior-year sessions closer to delta neutral | 42.5% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 30 | -0.5% | -2.2% to +1.3% | 47% | -1.1% to +0.7% | 0.0% |
| above | Day +3 | 30 | +0.3% | -2.4% to +2.5% | 53% | -2.0% to +1.1% | 0.0% |
| above | Day +5 | 30 | +0.2% | -3.5% to +2.1% | 53% | -1.1% to +1.5% | 0.0% |
| above | Day +10 | 30 | -2.4% | -7.8% to +4.5% | 43% | -5.4% to +2.4% | 0.0% |
| below | Day +1 | 27 | -0.7% | -2.1% to +1.7% | 41% | -1.7% to +1.6% | 0.0% |
| below | Day +3 | 27 | +1.3% | -2.5% to +3.0% | 59% | -2.3% to +2.6% | 0.0% |
| below | Day +5 | 27 | +0.9% | -3.7% to +3.7% | 59% | -3.2% to +2.3% | 0.0% |
| below | Day +10 | 27 | -3.3% | -6.9% to +4.4% | 37% | -6.4% to +1.8% | 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/STM.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/STM.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/STM.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).