# UPS: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 97.47 |
| Delta neutral (USD/share) | 97.30 |
| Gamma neutral (USD/share) | 93.75 |
| Gamma max (USD/share) | 104.01 |
| Open interest (contracts) | 376,164 |
| Nearest-expiration max pain (USD/share) | 95.00 (2026-10-23) |
| All-expiration max pain (USD/share) | 100.00 |
| Net gamma exposure | 11,043,554 |
| Confirmed GEX flip (USD/share) | 93.75 |
| Call wall (USD/share) | 100.00 |
| Put wall (USD/share) | 90.00 |
| Put/call open-interest ratio | 0.79 |
| Options catalyst-intensity score (0–100) | 52.0 |
| Options directional score (-100 to +100) | -8.2 |
| IV rank | 100.0 |
| Front-minus-back IV | -3.1 pp |
| Front 25-delta risk reversal | 2.6 pp |
| Call OI change, 1 session | -23,515 contracts · -10.1% |
| Put OI change, 1 session | -26,181 contracts · -13.6% |
| Call minus put OI growth, 1 session | +3.6 pp |
| Call OI change, 5 sessions | -5,535 contracts · -2.6% |
| Put OI change, 5 sessions | -19,180 contracts · -10.4% |
| Call minus put OI growth, 5 sessions | +7.8 pp |
| Daily call OI change surprise | -1.52σ (252 prior changes) |
| Daily put OI change surprise | -2.76σ (252 prior changes) |
| Daily call-minus-put growth surprise | +1.31σ (252 prior changes) |
| Daily open interest change (contracts) | -49,696 |
| Daily open interest change z-score (prior 252) | -2.08σ (252 prior changes) |
| Gamma max distance from close | +6.7% |
| Delta neutral distance from close | -0.2% |
| Prior-year sessions closer to gamma max | 60.3% of 252 |
| Prior-year sessions closer to delta neutral | 4.8% 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 | +0.3% | -0.3% to +0.9% | 64% | -0.3% to +1.0% | 0.0% |
| above | Day +3 | 14 | +0.3% | -1.2% to +2.0% | 57% | -1.3% to +2.3% | 0.0% |
| above | Day +5 | 14 | -1.0% | -3.1% to +1.6% | 36% | -3.2% to +1.6% | 0.0% |
| above | Day +10 | 14 | -1.5% | -5.0% to -0.7% | 21% | -5.5% to -0.6% | -0.6% |
| below | Day +1 | 14 | -0.3% | -1.6% to +0.6% | 43% | -1.6% to +0.7% | 0.0% |
| below | Day +3 | 14 | -1.1% | -2.9% to +0.6% | 36% | -3.0% to +0.7% | 0.0% |
| below | Day +5 | 14 | -1.0% | -3.5% to +0.1% | 36% | -3.7% to +0.2% | 0.0% |
| below | Day +10 | 14 | -2.0% | -5.0% to -0.2% | 21% | -5.1% to -0.1% | -0.1% |

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/UPS.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/UPS.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/UPS.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).