AVAV gamma exposure by strike

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

AVAV closed at 117.63 on October 20, 2026 with dealers net short $456K of gamma. The call wall was 140 (+19.0%), the put wall 115 (−2.2%) and the apex, the single largest gamma strike, 115.

−$456K
Net gamma
140
Call wall
+19.0%
115
Put wall
−2.2%
None
Gamma flip
short at every strike

AVAV largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
122
+$30K
120
−$205K
119
+$23K
118
−$68K
— close 117.63 —
117
−$15K
115
−$214K
113
+$14K

The heaviest strike on the October 20, 2026 book was 115, carrying −$214K of dealer gamma, −2.2% from the close.

AVAV closed with dealers short gamma on 32 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 AVAV's map move live all session.

Common questions

What is AVAV's gamma exposure?

At the October 20, 2026 close, AVAV's net dealer gamma exposure was −$456K: short gamma.

Where is AVAV's call wall?

140, +19.0% from the 117.63 close on October 20, 2026.

Where is AVAV's put wall?

115, −2.2% 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.