Free · no loginNegative gamma

EBAY gamma levels

From the closing options book · September 4, 2026

103.41
Close
100
Apex
115
Call wall
100
Put wall
Gamma flip
EBAY gamma levelsWALL BANDCall wall115Close103.41Put wall100
EBAY closing levels — September 4, 2026. Drawn to scale.

EBAY's closing options book on September 4, 2026 carried −$1.5 million of net dealer gamma spread across 5 expirations and 186 contracts. The sign is negative, so hedging runs with the move rather than against it.

The heaviest call-side strike sits at 115 and the heaviest put-side strike at 100, a band 15% wide. EBAY has averaged 2.82% between its high and its low over the last 89 sessions, which makes the full width of that band about 5.1 average sessions of travel. It closed in the lower third of that band.

EBAY closed at 103.41 — 11% below the call wall and 3.3% above the put wall. The put side is the nearer of the two at 3.3% away, which is the only reason it is worth watching more closely than the other. Most levels drawn on a chart are never reached at all, and the distance is what separates them.

EBAY's apex — the strike carrying the most gamma in absolute terms — is 100, 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 call wall has printed two different strikes, and its put wall has printed 3 different strikes. Walls that stay put and walls that migrate every session are different objects, and the difference shows up here before it shows up in price.

How EBAY has behaved around these levels

Over the last 89 recorded sessions, EBAY closed between the previous session's put wall and call wall 64 times. Its average daily range over that stretch was 2.82% of price. These are descriptions of what already happened — they are not a forecast, and no level holds every time.

EBAY levels, last 10 sessions

SessionCloseApexCall wallPut wall
Sep 4103.41100115100
Sep 3105.86104115104
Sep 2106.70115115100
Sep 1104.9811511597.5
Aug 31103.5697.511597.5
Aug 28105.62115115100
Aug 27102.27100115100
Aug 26104.20115115100
Aug 25106.0011011097.5
Aug 24107.08110110100

Common questions

What is EBAY's call wall right now?

EBAY's heaviest call-side gamma strike is 115, measured from the closing options book on September 4, 2026. That is 11% above where it closed, against an average daily range of 2.82%.

Where is EBAY's put wall?

The heaviest put-side strike is 100, 3.3% below the September 4, 2026 close. Together with the 115 call wall it brackets a band 15% wide.

What is EBAY's gamma flip level?

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

How often does EBAY close between its gamma walls?

Over the last 89 recorded sessions, EBAY closed between the previous session's put wall and call wall 64 times, and 8 of the last 9. Those are counts of what already happened for this symbol — not a forecast, and not a claim about any level holding.

Are these EBAY levels live?

No. This page is built from the closing options book and rebuilt each night, so it describes September 4, 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.