BDX gamma exposure by strike

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

BDX closed at 193.80 on October 20, 2026 with dealers net long $763K of gamma. The call wall was 190 (−2.0%), the put wall 170 (−12.3%) and the apex, the single largest gamma strike, 190.

+$763K
Net gamma
190
Call wall
−2.0%
170
Put wall
−12.3%
182.5
Gamma flip
−5.8%

BDX largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
200
+$64K
195
+$30K
— close 193.80 —
190
+$347K

The heaviest strike on the October 20, 2026 book was 190, carrying +$347K of dealer gamma, −2.0% from the close.

BDX closed with dealers short gamma on 16 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 BDX's map move live all session.

Common questions

What is BDX's gamma exposure?

At the October 20, 2026 close, BDX's net dealer gamma exposure was +$763K: long gamma.

Where is BDX's call wall?

190, −2.0% from the 193.80 close on October 20, 2026.

Where is BDX's put wall?

170, −12.3% 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.