HD gamma exposure by strike

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

HD closed at 315.11 on October 20, 2026 with dealers net long $38.1M of gamma. The call wall was 320 (+1.6%), the put wall 280 (−11.1%) and the apex, the single largest gamma strike, 320.

+$38.1M
Net gamma
320
Call wall
+1.6%
280
Put wall
−11.1%
313.75
Gamma flip
−0.4%

HD largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
325
+$7.6M
322.5
+$1.0M
320
+$10.1M
317.5
+$2.5M
— close 315.11 —
315
+$6.9M
312.5
+$1.4M
310
+$3.5M
305
+$1.1M

The heaviest strike on the October 20, 2026 book was 320, carrying +$10.1M of dealer gamma, +1.6% from the close.

HD closed with dealers short gamma on 31 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 HD's map move live all session.

Common questions

What is HD's gamma exposure?

At the October 20, 2026 close, HD's net dealer gamma exposure was +$38.1M: long gamma.

Where is HD's call wall?

320, +1.6% from the 315.11 close on October 20, 2026.

Where is HD's put wall?

280, −11.1% 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.