# TE: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 2.62 |
| Delta neutral (USD/share) | 2.20 |
| Gamma neutral (USD/share) | 2.62 |
| Gamma max (USD/share) | 3.82 |
| Open interest (contracts) | 369,058 |
| Nearest-expiration max pain (USD/share) | 3.50 (2026-10-23) |
| All-expiration max pain (USD/share) | 4.00 |
| Net gamma exposure | 3,545,056 |
| Call wall (USD/share) | 3.00 |
| Put wall (USD/share) | 2.00 |
| Put/call open-interest ratio | 0.37 |
| Options catalyst-intensity score (0–100) | 55.2 |
| Options directional score (-100 to +100) | -6.4 |
| IV rank | 100.0 |
| Front-minus-back IV | -8.4 pp |
| Front 25-delta risk reversal | 21.0 pp |
| Call OI change, 1 session | -53,317 contracts · -16.5% |
| Put OI change, 1 session | -9,174 contracts · -8.5% |
| Call minus put OI growth, 1 session | -8.0 pp |
| Call OI change, 5 sessions | -34,002 contracts · -11.2% |
| Put OI change, 5 sessions | -4,502 contracts · -4.4% |
| Call minus put OI growth, 5 sessions | -6.8 pp |
| Daily call OI change surprise | -3.09σ (252 prior changes) |
| Daily put OI change surprise | -1.00σ (252 prior changes) |
| Daily call-minus-put growth surprise | -0.87σ (252 prior changes) |
| Daily open interest change (contracts) | -62,491 |
| Daily open interest change z-score (prior 252) | -2.51σ (252 prior changes) |
| Gamma max distance from close | +45.8% |
| Delta neutral distance from close | -15.9% |
| Prior-year sessions closer to gamma max | 96.8% of 252 |
| Prior-year sessions closer to delta neutral | 10.3% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 14 | -0.1% | -4.1% to +5.8% | 50% | -4.6% to +6.0% | 0.0% |
| above | Day +3 | 14 | +0.1% | -8.0% to +6.4% | 50% | -9.0% to +6.7% | 0.0% |
| above | Day +5 | 14 | -2.1% | -11.0% to +9.7% | 29% | -11.9% to +13.0% | 0.0% |
| above | Day +10 | 14 | +11.7% | -10.6% to +24.1% | 64% | -13.9% to +25.7% | 0.0% |
| below | Day +1 | 13 | -1.6% | -4.8% to +4.8% | 46% | -4.8% to +4.8% | 0.0% |
| below | Day +3 | 13 | -6.8% | -9.3% to +17.5% | 38% | -9.3% to +17.5% | 0.0% |
| below | Day +5 | 13 | +2.6% | -10.7% to +14.9% | 54% | -10.7% to +14.9% | 0.0% |
| below | Day +10 | 13 | +5.6% | -1.6% to +17.5% | 62% | -1.6% to +17.5% | 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/TE.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/TE.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/TE.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).