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GGAL gamma levels

From the closing options book · October 21, 2026

GGAL closed at 36.82 on October 21, 2026. Its call wall was 39, put wall 30, the Apex (the strike with the most dealer gamma) 30. Net dealer gamma was negative, so hedging tends to amplify moves.

36.82
Close
30
Apex
39
Call wall
30
Put wall
—
Gamma flip

These are the October 21, 2026 closing levels. Members see GGAL's board live all session, with the odds of reaching each level.

GGAL gamma levelsWALL BANDCall wall39Close36.82Put wall30
GGAL closing levels — October 21, 2026. Drawn to scale.

GGAL's closing options book on October 21, 2026 carried −$66K of net dealer gamma spread across 5 expirations and 22 contracts. The sign is negative, so hedging runs with the move rather than against it.

The heaviest call-side strike sits at 39 and the heaviest put-side strike at 30, a band 24% wide. GGAL has averaged 3.77% between its high and its low over the last 88 sessions, which makes the full width of that band about 6.5 average sessions of travel. It closed in the upper third of that band.

GGAL closed at 36.82 — 5.9% below the call wall and 19% above the put wall. The call side is the nearer of the two at 5.9% 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.

GGAL's apex — the strike carrying the most gamma in absolute terms — is 30, 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 4 different strikes, and its put wall has printed 5 different strikes. Walls that stay put and walls that migrate every session are different objects.

What GGAL's walls are — and aren't

GGAL's book has been recorded on 88 sessions. Its average daily range over that stretch was 3.77% 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.

GGAL levels, last 10 sessions

SessionCloseApexCall wallPut wall
Oct 2136.82303930
Oct 2035.46303930
Oct 1935.09303930
Oct 1636.02393935
Oct 1536.47364336
Oct 1435.55304030
Oct 1336.79364236
Oct 1236.78404240
Oct 936.81424342
Oct 836.76304230

Common questions

What is GGAL's call wall right now?

GGAL's heaviest call-side gamma strike is 39, measured from the closing options book on October 21, 2026. That is 5.9% above where it closed, against an average daily range of 3.77%.

Where is GGAL's put wall?

The heaviest put-side strike is 30, 19% below the October 21, 2026 close. Together with the 39 call wall it brackets a band 24% wide.

What is GGAL's gamma flip level?

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

Do GGAL'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 (GGAL's book has been recorded on 88 sessions).

Are these GGAL levels live?

No. This page is built from the closing options book and rebuilt each night, so it describes October 21, 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.