# WU: options-positioning snapshot

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

| Published field | Value |
| --- | --- |
| Close (USD/share) | 6.17 |
| Delta neutral (USD/share) | 4.98 |
| Gamma neutral (USD/share) | 6.17 |
| Gamma max (USD/share) | 6.64 |
| Open interest (contracts) | 176,638 |
| Nearest-expiration max pain (USD/share) | 7.00 (2026-11-20) |
| All-expiration max pain (USD/share) | 7.00 |
| Net gamma exposure | 8,773,186 |
| Call wall (USD/share) | 7.00 |
| Put wall (USD/share) | 7.00 |
| Put/call open-interest ratio | 0.23 |
| Options catalyst-intensity score (0–100) | 16.8 |
| Options directional score (-100 to +100) | 13.5 |
| IV rank | 50.4 |
| Front-minus-back IV | -11.7 pp |
| Front 25-delta risk reversal | 4.0 pp |
| Call OI change, 1 session | -4,732 contracts · -3.2% |
| Put OI change, 1 session | -1,508 contracts · -4.4% |
| Call minus put OI growth, 1 session | +1.2 pp |
| Call OI change, 5 sessions | -2,559 contracts · -1.7% |
| Put OI change, 5 sessions | -3,178 contracts · -8.9% |
| Call minus put OI growth, 5 sessions | +7.1 pp |
| Daily call OI change surprise | -0.43σ (252 prior changes) |
| Daily put OI change surprise | -0.59σ (252 prior changes) |
| Daily call-minus-put growth surprise | +0.13σ (252 prior changes) |
| Daily open interest change (contracts) | -6,240 |
| Daily open interest change z-score (prior 252) | -0.48σ (252 prior changes) |
| Gamma max distance from close | +7.6% |
| Delta neutral distance from close | -19.3% |
| Prior-year sessions closer to gamma max | 47.2% of 252 |
| Prior-year sessions closer to delta neutral | 95.6% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 24 | -0.3% | -1.7% to +0.5% | 42% | -1.5% to +0.4% | 0.0% |
| above | Day +3 | 24 | -1.0% | -3.5% to +0.3% | 29% | -2.0% to 0.0% | 0.0% |
| above | Day +5 | 24 | -0.7% | -4.0% to +1.1% | 42% | -3.4% to +1.0% | 0.0% |
| above | Day +10 | 24 | -2.0% | -6.8% to +1.7% | 42% | -5.7% to +1.2% | 0.0% |
| below | Day +1 | 26 | +0.1% | -1.6% to +1.0% | 54% | -0.7% to +0.5% | 0.0% |
| below | Day +3 | 25 | -1.7% | -3.0% to +1.1% | 32% | -2.9% to +0.1% | 0.0% |
| below | Day +5 | 25 | -0.7% | -4.6% to +0.9% | 40% | -4.3% to +0.5% | 0.0% |
| below | Day +10 | 24 | -1.7% | -7.3% to +2.1% | 38% | -6.2% to +1.7% | 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/WU.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/WU.csv)
- [Public aggregate analysis](https://halfonadouble.com/api/v1/analysis/WU.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).