BEKE gamma exposure by strike

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

BEKE closed at 18.06 on October 20, 2026 with dealers net long $197K of gamma. The call wall was 18 (−0.3%), the put wall 17 (−5.9%) and the apex, the single largest gamma strike, 18.

+$197K
Net gamma
18
Call wall
−0.3%
17
Put wall
−5.9%
17.75
Gamma flip
−1.7%

BEKE largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
18.5
+$434
— close 18.06 —
18
+$179K
17.5
+$1K

The heaviest strike on the October 20, 2026 book was 18, carrying +$179K of dealer gamma, −0.3% from the close.

BEKE closed with dealers short gamma on 1 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 BEKE's map move live all session.

Common questions

What is BEKE's gamma exposure?

At the October 20, 2026 close, BEKE's net dealer gamma exposure was +$197K: long gamma.

Where is BEKE's call wall?

18, −0.3% from the 18.06 close on October 20, 2026.

Where is BEKE's put wall?

17, −5.9% 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.