BLK gamma exposure by strike

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

BLK closed at 1,128.68 on October 20, 2026 with dealers net long $18.7M of gamma. The call wall was 1100 (−2.5%), the put wall 1075 (−4.8%) and the apex, the single largest gamma strike, 1100.

+$18.7M
Net gamma
1100
Call wall
−2.5%
1075
Put wall
−4.8%
1097.5
Gamma flip
−2.8%

BLK largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
1170
+$614K
1160
+$1.3M
1155
+$635K
1150
+$1.5M
1140
+$2.3M
1135
+$305K
1130
+$2.1M
— close 1,128.68 —
1120
+$356K
1100
+$4.4M
1085
−$411K

The heaviest strike on the October 20, 2026 book was 1100, carrying +$4.4M of dealer gamma, −2.5% from the close.

BLK closed with dealers short gamma on 5 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 BLK's map move live all session.

Common questions

What is BLK's gamma exposure?

At the October 20, 2026 close, BLK's net dealer gamma exposure was +$18.7M: long gamma.

Where is BLK's call wall?

1100, −2.5% from the 1,128.68 close on October 20, 2026.

Where is BLK's put wall?

1075, −4.8% 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.