BX gamma exposure by strike

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

BX closed at 110.34 on October 20, 2026 with dealers net short $7.6M of gamma. The call wall was 119 (+7.8%), the put wall 100 (−9.4%) and the apex, the single largest gamma strike, 100.

−$7.6M
Net gamma
119
Call wall
+7.8%
100
Put wall
−9.4%
None
Gamma flip
short at every strike

BX largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
114
+$100K
113
+$251K
112
+$94K
111
+$147K
— close 110.34 —
110
−$1.4M
107
−$125K
106
−$128K

The heaviest strike on the October 20, 2026 book was 110, carrying −$1.4M of dealer gamma, −0.3% from the close.

BX closed with dealers short gamma on 36 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 BX's map move live all session.

Common questions

What is BX's gamma exposure?

At the October 20, 2026 close, BX's net dealer gamma exposure was −$7.6M: short gamma.

Where is BX's call wall?

119, +7.8% from the 110.34 close on October 20, 2026.

Where is BX's put wall?

100, −9.4% 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.