FISV gamma exposure by strike

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

FISV closed at 48.25 on October 20, 2026 with dealers net long $2.8M of gamma. The call wall was 50 (+3.6%), the put wall 40 (−17.1%) and the apex, the single largest gamma strike, 50.

+$2.8M
Net gamma
50
Call wall
+3.6%
40
Put wall
−17.1%
49.75
Gamma flip
+3.1%

FISV largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
50
+$2.3M
49.5
+$71K
49
+$272K
48.5
+$87K
— close 48.25 —
48
+$530K
47.5
+$113K
47
+$113K

The heaviest strike on the October 20, 2026 book was 50, carrying +$2.3M of dealer gamma, +3.6% from the close.

FISV closed with dealers short gamma on 47 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 FISV's map move live all session.

Common questions

What is FISV's gamma exposure?

At the October 20, 2026 close, FISV's net dealer gamma exposure was +$2.8M: long gamma.

Where is FISV's call wall?

50, +3.6% from the 48.25 close on October 20, 2026.

Where is FISV's put wall?

40, −17.1% 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.