# TGB: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 7.97 |
| Delta neutral (USD/share) | 6.47 |
| Gamma neutral (USD/share) | 4.78 |
| Gamma max (USD/share) | 9.30 |
| Open interest (contracts) | 101,876 |
| Nearest-expiration max pain (USD/share) | 8.00 (2026-11-20) |
| All-expiration max pain (USD/share) | 7.00 |
| Net gamma exposure | 3,564,711 |
| Confirmed GEX flip (USD/share) | 4.78 |
| Call wall (USD/share) | 10.00 |
| Put wall (USD/share) | 8.00 |
| Put/call open-interest ratio | 0.34 |
| Options catalyst-intensity score (0–100) | 58.4 |
| Options directional score (-100 to +100) | 29.2 |
| IV rank | 100.0 |
| Front-minus-back IV | 0.0 pp |
| Front 25-delta risk reversal | -8.6 pp |
| Call OI change, 1 session | -4,764 contracts · -5.9% |
| Put OI change, 1 session | +6,071 contracts · +31.0% |
| Call minus put OI growth, 1 session | -36.9 pp |
| Call OI change, 5 sessions | -4,543 contracts · -5.6% |
| Put OI change, 5 sessions | +6,492 contracts · +33.8% |
| Call minus put OI growth, 5 sessions | -39.5 pp |
| Daily call OI change surprise | -1.06σ (252 prior changes) |
| Daily put OI change surprise | +9.95σ (252 prior changes) |
| Daily call-minus-put growth surprise | -9.01σ (252 prior changes) |
| Daily open interest change (contracts) | 1,307 |
| Daily open interest change z-score (prior 252) | +0.26σ (252 prior changes) |
| Gamma max distance from close | +16.7% |
| Delta neutral distance from close | -18.8% |
| Prior-year sessions closer to gamma max | 96.8% of 252 |
| Prior-year sessions closer to delta neutral | 0.0% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 70 | -0.5% | -2.3% to +2.7% | 47% | -1.5% to +1.1% | 0.0% |
| above | Day +3 | 70 | +1.0% | -3.1% to +5.5% | 54% | -0.7% to +3.3% | 0.0% |
| above | Day +5 | 70 | 0.0% | -4.0% to +8.6% | 49% | -1.5% to +5.0% | 0.0% |
| above | Day +10 | 70 | +6.7% | -5.5% to +14.0% | 64% | +1.4% to +9.4% | +1.4% |
| below | Day +1 | 69 | 0.0% | -2.4% to +2.8% | 49% | -0.8% to +1.8% | 0.0% |
| below | Day +3 | 69 | +1.0% | -2.5% to +4.4% | 57% | -0.7% to +2.8% | 0.0% |
| below | Day +5 | 69 | +1.0% | -2.1% to +7.7% | 57% | -0.9% to +5.1% | 0.0% |
| below | Day +10 | 69 | +4.1% | -4.2% to +12.4% | 59% | 0.0% to +8.9% | 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/TGB.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/TGB.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/TGB.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).