Free · no loginNegative gamma

ARKK gamma levels

From the closing options book · September 4, 2026

86.22
Close
80
Apex
85
Call wall
80
Put wall
Gamma flip
ARKK gamma levelsWALL BANDClose86.22Call wall85Put wall80
ARKK closing levels — September 4, 2026. Drawn to scale.

ARKK's closing options book on September 4, 2026 carried −$931K of net dealer gamma spread across 5 expirations and 286 contracts. The sign is negative, so hedging runs with the move rather than against it.

The heaviest call-side strike sits at 85 and the heaviest put-side strike at 80, a band 5.8% wide. ARKK has averaged 2.79% between its high and its low over the last 89 sessions, which makes the full width of that band about 2.1 average sessions of travel. It closed above the call wall entirely.

ARKK closed at 86.22 — 1.4% above the call wall and 7.2% above the put wall. The call side is the nearer of the two at 1.4% away, which is the only reason it is worth watching more closely than the other. Most levels drawn on a chart are never reached at all, and the distance is what separates them.

ARKK's apex — the strike carrying the most gamma in absolute terms — is 80, the same strike as its put wall. When those stack on one level the book is concentrated rather than spread, and that single strike is doing most of the work.

Across the last 10 recorded sessions its call wall has printed 3 different strikes, and its put wall has printed two different strikes. Walls that stay put and walls that migrate every session are different objects, and the difference shows up here before it shows up in price.

How ARKK has behaved around these levels

Over the last 89 recorded sessions, ARKK closed between the previous session's put wall and call wall 39 times. Its average daily range over that stretch was 2.79% of price. These are descriptions of what already happened — they are not a forecast, and no level holds every time.

ARKK levels, last 10 sessions

SessionCloseApexCall wallPut wall
Sep 486.22808580
Sep 387.14888880
Sep 283.39808580
Sep 183.08808580
Aug 3185.57808580
Aug 2884.59808580
Aug 2787.38898980
Aug 2685.78798579
Aug 2586.37798579
Aug 2483.92798579

Common questions

What is ARKK's call wall right now?

ARKK's heaviest call-side gamma strike is 85, measured from the closing options book on September 4, 2026. That is 1.4% below where it closed, against an average daily range of 2.79%.

Where is ARKK's put wall?

The heaviest put-side strike is 80, 7.2% below the September 4, 2026 close. Together with the 85 call wall it brackets a band 5.8% wide.

What is ARKK's gamma flip level?

ARKK does not have a well-defined gamma flip in the current book.

How often does ARKK close between its gamma walls?

Over the last 89 recorded sessions, ARKK closed between the previous session's put wall and call wall 39 times, and 4 of the last 9. Those are counts of what already happened for this symbol — not a forecast, and not a claim about any level holding.

Are these ARKK levels live?

No. This page is built from the closing options book and rebuilt each night, so it describes September 4, 2026. Walls build and dissolve through a session — the live intraday board is inside FlowMonkey, and a free 15-minute delayed SPY board is public at flowmonkey.net/spy-gamma-heatmap.

See it live

These are closing levels. The board moves all day.

Walls build and dissolve through the session. FlowMonkey shows the live board on 400+ symbols, with every level priced by whether price can actually reach it today. Start with the free SPY board — no account needed.

Levels are measured from the closing options book and rebuilt nightly. Gamma is an estimate of dealer hedging pressure, not a forecast of direction. Not investment advice.