BROS gamma exposure by strike

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

BROS closed at 43.82 on October 20, 2026 with dealers net long $1.8M of gamma. The call wall was 45 (+2.7%), the put wall 36 (−17.8%) and the apex, the single largest gamma strike, 45.

+$1.8M
Net gamma
45
Call wall
+2.7%
36
Put wall
−17.8%
39.75
Gamma flip
−9.3%

BROS largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
45
+$570K
44.5
+$92K
44
+$37K
— close 43.82 —
43.5
+$58K
43
+$117K
42.5
+$125K

The heaviest strike on the October 20, 2026 book was 45, carrying +$570K of dealer gamma, +2.7% from the close.

BROS closed with dealers short gamma on 37 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 BROS's map move live all session.

Common questions

What is BROS's gamma exposure?

At the October 20, 2026 close, BROS's net dealer gamma exposure was +$1.8M: long gamma.

Where is BROS's call wall?

45, +2.7% from the 43.82 close on October 20, 2026.

Where is BROS's put wall?

36, −17.8% 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.