HPQ gamma exposure by strike

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

HPQ closed at 31.21 on October 20, 2026 with dealers net long $112K of gamma. The call wall was 32 (+2.5%), the put wall 29 (−7.1%) and the apex, the single largest gamma strike, 29.

+$112K
Net gamma
32
Call wall
+2.5%
29
Put wall
−7.1%
35.75
Gamma flip
+14.5%

HPQ largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
32
+$359K
31.5
+$345K
— close 31.21 —
31
−$65K
30.5
+$30K
30
−$288K

The heaviest strike on the October 20, 2026 book was 32, carrying +$359K of dealer gamma, +2.5% from the close.

HPQ closed with dealers short gamma on 34 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 HPQ's map move live all session.

Common questions

What is HPQ's gamma exposure?

At the October 20, 2026 close, HPQ's net dealer gamma exposure was +$112K: long gamma.

Where is HPQ's call wall?

32, +2.5% from the 31.21 close on October 20, 2026.

Where is HPQ's put wall?

29, −7.1% 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.