ALAB gamma exposure by strike

From the closing options book · October 20, 2026 · updated after every close

ALAB closed at 284.80 on October 20, 2026 with dealers net long $855K of gamma. The call wall was 295 (+3.6%), the put wall 260 (−8.7%) and the apex, the single largest gamma strike, 295.

+$855K
Net gamma
295
Call wall
+3.6%
260
Put wall
−8.7%
303.75
Gamma flip
+6.7%

ALAB largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
295
+$1.7M
290
−$554K
287.5
−$72K
285
−$207K
— close 284.80 —
280
−$444K
277.5
−$77K
275
−$213K

The heaviest strike on the October 20, 2026 book was 295, carrying +$1.7M of dealer gamma, +3.6% from the close.

ALAB closed with dealers short gamma on 10 of the last 60 sessions. In short gamma, dealer hedging buys rallies and sells drops, which tends to extend moves; in long gamma it leans against them.

Positive (green) strikes are where dealers are long gamma and hedge against the move; negative (pink) strikes are where they are short and hedge with it. These are closing levels: where hedging was concentrated last night, not targets.

These are the October 20, 2026 closing numbers. Members see ALAB's map move live all session.

Common questions

What is ALAB's gamma exposure?

At the October 20, 2026 close, ALAB's net dealer gamma exposure was +$855K: long gamma.

Where is ALAB's call wall?

295, +3.6% from the 284.80 close on October 20, 2026.

Where is ALAB's put wall?

260, −8.7% from the close on October 20, 2026.

Compare: gamma exposure by strike on other tickers

Measured from the closing options book and rebuilt after every close. Nothing on this page is live. Levels are where dealer hedging is concentrated, not targets or forecasts. Not investment advice.