# WRBY: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 23.34 |
| Delta neutral (USD/share) | 16.40 |
| Gamma neutral (USD/share) | 7.58 |
| Gamma max (USD/share) | 25.29 |
| Open interest (contracts) | 110,147 |
| Nearest-expiration max pain (USD/share) | 25.50 (2026-10-23) |
| All-expiration max pain (USD/share) | 22.50 |
| Net gamma exposure | 7,161,968 |
| Confirmed GEX flip (USD/share) | 7.58 |
| Call wall (USD/share) | 25.00 |
| Put wall (USD/share) | 25.00 |
| Put/call open-interest ratio | 0.13 |
| Options catalyst-intensity score (0–100) | 28.4 |
| Options directional score (-100 to +100) | 24.4 |
| IV rank | 83.2 |
| Front-minus-back IV | -3.9 pp |
| Front 25-delta risk reversal | 1.4 pp |
| Call OI change, 1 session | -1,494 contracts · -1.5% |
| Put OI change, 1 session | -4,472 contracts · -26.7% |
| Call minus put OI growth, 1 session | +25.2 pp |
| Call OI change, 5 sessions | +5,900 contracts · +6.4% |
| Put OI change, 5 sessions | -3,050 contracts · -19.9% |
| Call minus put OI growth, 5 sessions | +26.3 pp |
| Daily call OI change surprise | -0.45σ (252 prior changes) |
| Daily put OI change surprise | -1.16σ (252 prior changes) |
| Daily call-minus-put growth surprise | +1.65σ (252 prior changes) |
| Daily open interest change (contracts) | -5,966 |
| Daily open interest change z-score (prior 252) | -0.86σ (252 prior changes) |
| Gamma max distance from close | +8.4% |
| Delta neutral distance from close | -29.7% |
| Prior-year sessions closer to gamma max | 24.2% of 252 |
| Prior-year sessions closer to delta neutral | 83.7% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 16 | +0.9% | -0.1% to +3.7% | 69% | 0.0% to +3.6% | 0.0% |
| above | Day +3 | 16 | +3.0% | -0.1% to +4.6% | 75% | +0.2% to +4.6% | +0.2% |
| above | Day +5 | 16 | -0.1% | -5.2% to +6.1% | 50% | -4.5% to +5.6% | 0.0% |
| above | Day +10 | 16 | -1.4% | -4.2% to +9.9% | 44% | -3.5% to +8.6% | 0.0% |
| below | Day +1 | 21 | -0.9% | -1.4% to +0.5% | 33% | -1.4% to +0.2% | 0.0% |
| below | Day +3 | 21 | -0.5% | -4.4% to +3.7% | 43% | -3.6% to +2.7% | 0.0% |
| below | Day +5 | 21 | -0.4% | -4.0% to +7.9% | 43% | -3.0% to +5.5% | 0.0% |
| below | Day +10 | 21 | +0.7% | -9.3% to +7.4% | 52% | -7.3% to +6.2% | 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/WRBY.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/WRBY.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/WRBY.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).