# WFC: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 83.87 |
| Delta neutral (USD/share) | 84.46 |
| Gamma neutral (USD/share) | 86.52 |
| Gamma max (USD/share) | 97.58 |
| Open interest (contracts) | 1,093,742 |
| Nearest-expiration max pain (USD/share) | 79.00 (2026-10-23) |
| All-expiration max pain (USD/share) | 82.50 |
| Net gamma exposure | -24,699,907 |
| Confirmed GEX flip (USD/share) | 86.52 |
| Call wall (USD/share) | 90.00 |
| Put wall (USD/share) | 80.00 |
| Put/call open-interest ratio | 1.64 |
| Options catalyst-intensity score (0–100) | 61.5 |
| Options directional score (-100 to +100) | -25.5 |
| IV rank | 100.0 |
| Front-minus-back IV | 3.9 pp |
| Front 25-delta risk reversal | 4.2 pp |
| Call OI change, 1 session | -143,461 contracts · -25.7% |
| Put OI change, 1 session | -90,804 contracts · -11.8% |
| Call minus put OI growth, 1 session | -13.9 pp |
| Call OI change, 5 sessions | -72,736 contracts · -14.9% |
| Put OI change, 5 sessions | -34,178 contracts · -4.8% |
| Call minus put OI growth, 5 sessions | -10.1 pp |
| Daily call OI change surprise | -5.16σ (252 prior changes) |
| Daily put OI change surprise | -3.07σ (252 prior changes) |
| Daily call-minus-put growth surprise | -5.65σ (252 prior changes) |
| Daily open interest change (contracts) | -234,265 |
| Daily open interest change z-score (prior 252) | -4.20σ (252 prior changes) |
| Gamma max distance from close | +16.3% |
| Delta neutral distance from close | +0.7% |
| Prior-year sessions closer to gamma max | 88.1% of 252 |
| Prior-year sessions closer to delta neutral | 8.3% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 31 | -0.2% | -1.3% to +1.0% | 39% | -0.7% to +0.2% | 0.0% |
| above | Day +3 | 31 | -0.1% | -1.3% to +1.2% | 45% | -1.0% to +0.7% | 0.0% |
| above | Day +5 | 31 | 0.0% | -2.0% to +1.8% | 48% | -1.2% to +1.1% | 0.0% |
| above | Day +10 | 31 | -1.1% | -2.8% to +1.5% | 45% | -2.6% to +1.3% | 0.0% |
| below | Day +1 | 31 | +0.2% | -0.9% to +1.5% | 58% | -0.4% to +1.0% | 0.0% |
| below | Day +3 | 31 | +0.5% | -1.8% to +1.8% | 55% | -0.7% to +1.1% | 0.0% |
| below | Day +5 | 31 | +0.4% | -1.7% to +1.6% | 58% | -0.9% to +1.1% | 0.0% |
| below | Day +10 | 31 | -0.0% | -3.0% to +2.8% | 48% | -2.1% to +1.5% | 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/WFC.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/WFC.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/WFC.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).