Free · no loginNegative gamma

CRBP gamma levels

From the closing options book · October 20, 2026

CRBP closed at 4.42 on October 20, 2026. Its put wall 5, the Apex (the strike with the most dealer gamma) 5. Net dealer gamma was negative, so hedging tends to amplify moves.

4.42
Close
5
Apex
—
Call wall
5
Put wall
—
Gamma flip

These are the October 20, 2026 closing levels. Members see CRBP's board live all session, with the odds of reaching each level.

CRBP gamma levelsPut wall5Close4.42
CRBP closing levels — October 20, 2026. Drawn to scale.

CRBP's closing options book on October 20, 2026 carried −$287 of net dealer gamma spread across 5 expirations and 2 contracts. The sign is negative, so hedging runs with the move rather than against it.

CRBP's apex — the strike carrying the most gamma in absolute terms — is 5, the same strike as its put wall. When those stack on one level the book is concentrated rather than spread, and that single strike is doing most of the work.

Across the last 10 recorded sessions its put wall has not moved off 5 once. Walls that stay put and walls that migrate every session are different objects.

What CRBP's walls are — and aren't

CRBP's book has been recorded on 30 sessions. Its average daily range over that stretch was 7.04% of price. Walls are where dealer hedging is heaviest — positive gamma absorbs moves, negative gamma amplifies them. They are not bounce points, and across our grading they contained price no better than a same-width band around the prior close.

CRBP levels, last 10 sessions

SessionCloseApexCall wallPut wall
Oct 204.425—5
Oct 194.4655—
Oct 164.5255—
Oct 144.415—5
Oct 134.785—5
Oct 125.275—5
Oct 95.385—5
Oct 85.275—5
Oct 75.495—5
Oct 65.785—5

Common questions

What is CRBP's call wall right now?

CRBP does not currently have a clear call-side gamma concentration in its book.

Where is CRBP's put wall?

The heaviest put-side strike is 5, 13% above the October 20, 2026 close.

What is CRBP's gamma flip level?

CRBP does not have a well-defined gamma flip in the current book.

Do CRBP's gamma walls act as support and resistance?

Not reliably. Walls mark where dealer hedging is heaviest — positive gamma absorbs moves, negative gamma amplifies them — but levels are not bounce points, and across our grading walls contained price no better than a same-width band around the prior close (CRBP's book has been recorded on 30 sessions).

Are these CRBP levels live?

No. This page is built from the closing options book and rebuilt each night, so it describes October 20, 2026. Walls build and dissolve through a session — the live intraday board is inside FlowMonkey, and a free 15-minute delayed SPY board is public at flowmonkey.net/spy-gamma-heatmap.

See it live

These are closing levels. The board moves all day.

Walls build and dissolve through the session. FlowMonkey shows the live board on 400+ symbols, with every level priced by whether price can actually reach it today. Start with the free SPY board — no account needed.

Levels are measured from the closing options book and rebuilt nightly. Gamma is an estimate of dealer hedging pressure, not a forecast of direction. Not investment advice.