DG gamma exposure by strike

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

DG closed at 134.19 on October 20, 2026 with dealers net long $3.5M of gamma. The call wall was 132 (−1.6%), the put wall 115 (−14.3%) and the apex, the single largest gamma strike, 132.

+$3.5M
Net gamma
132
Call wall
−1.6%
115
Put wall
−14.3%
129.5
Gamma flip
−3.5%

DG largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
139
+$119K
138
+$185K
137
+$99K
136
+$235K
135
+$514K
— close 134.19 —
134
+$108K
133
+$59K
132
+$884K
130
+$285K

The heaviest strike on the October 20, 2026 book was 132, carrying +$884K of dealer gamma, −1.6% from the close.

DG closed with dealers short gamma on 15 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 DG's map move live all session.

Common questions

What is DG's gamma exposure?

At the October 20, 2026 close, DG's net dealer gamma exposure was +$3.5M: long gamma.

Where is DG's call wall?

132, −1.6% from the 134.19 close on October 20, 2026.

Where is DG's put wall?

115, −14.3% 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.