ARKG gamma exposure by strike

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

ARKG closed at 48.65 on October 20, 2026 with dealers net short $1.7M of gamma. The call wall was 51 (+4.8%), the put wall 47 (−3.4%) and the apex, the single largest gamma strike, 47.

−$1.7M
Net gamma
51
Call wall
+4.8%
47
Put wall
−3.4%
None
Gamma flip
short at every strike

ARKG largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
50.5
+$553K
50
−$333K
49
−$139K
— close 48.65 —
48
−$136K
47.5
+$76K
47
−$1.1M

The heaviest strike on the October 20, 2026 book was 47, carrying −$1.1M of dealer gamma, −3.4% from the close.

ARKG closed with dealers short gamma on 28 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 ARKG's map move live all session.

Common questions

What is ARKG's gamma exposure?

At the October 20, 2026 close, ARKG's net dealer gamma exposure was −$1.7M: short gamma.

Where is ARKG's call wall?

51, +4.8% from the 48.65 close on October 20, 2026.

Where is ARKG's put wall?

47, −3.4% 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.