BOIL gamma exposure by strike

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

BOIL closed at 19.80 on October 20, 2026 with dealers net short $41K of gamma. The call wall was 20 (+1.0%), the put wall 22.5 (+13.6%) and the apex, the single largest gamma strike, 20.

−$41K
Net gamma
20
Call wall
+1.0%
22.5
Put wall
+13.6%
None
Gamma flip
short at every strike

BOIL largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
20.5
+$38K
20
+$43K
— close 19.80 —
19.5
−$16K

The heaviest strike on the October 20, 2026 book was 20, carrying +$43K of dealer gamma, +1.0% from the close.

BOIL closed with dealers short gamma on 4 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 BOIL's map move live all session.

Common questions

What is BOIL's gamma exposure?

At the October 20, 2026 close, BOIL's net dealer gamma exposure was −$41K: short gamma.

Where is BOIL's call wall?

20, +1.0% from the 19.80 close on October 20, 2026.

Where is BOIL's put wall?

22.5, +13.6% 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.