CZR gamma exposure by strike

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

CZR closed at 29.09 on October 20, 2026 with dealers net long $755K of gamma. The call wall was 30 (+3.1%), the put wall 28 (−3.7%) and the apex, the single largest gamma strike, 30.

+$755K
Net gamma
30
Call wall
+3.1%
28
Put wall
−3.7%
28.5
Gamma flip
−2.0%

CZR largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
30
+$616K
29.5
+$19K
— close 29.09 —
29
+$82K
28
−$16K

The heaviest strike on the October 20, 2026 book was 30, carrying +$616K of dealer gamma, +3.1% from the close.

CZR closed with dealers short gamma on 0 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 CZR's map move live all session.

Common questions

What is CZR's gamma exposure?

At the October 20, 2026 close, CZR's net dealer gamma exposure was +$755K: long gamma.

Where is CZR's call wall?

30, +3.1% from the 29.09 close on October 20, 2026.

Where is CZR's put wall?

28, −3.7% 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.