ATI gamma exposure by strike

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

ATI closed at 183.07 on October 20, 2026 with dealers net long $551K of gamma. The call wall was 200 (+9.2%), the put wall 155 (−15.3%) and the apex, the single largest gamma strike, 200.

+$551K
Net gamma
200
Call wall
+9.2%
155
Put wall
−15.3%
197.5
Gamma flip
+7.9%

ATI largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
190
−$113K
185
−$26K
— close 183.07 —
180
+$34K

The heaviest strike on the October 20, 2026 book was 190, carrying −$113K of dealer gamma, +3.8% from the close.

ATI closed with dealers short gamma on 24 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 ATI's map move live all session.

Common questions

What is ATI's gamma exposure?

At the October 20, 2026 close, ATI's net dealer gamma exposure was +$551K: long gamma.

Where is ATI's call wall?

200, +9.2% from the 183.07 close on October 20, 2026.

Where is ATI's put wall?

155, −15.3% 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.