IHI gamma exposure by strike

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

IHI closed at 54.27 on October 20, 2026 with dealers net long $491K of gamma. The call wall was 58 (+6.9%), the put wall 50 (−7.9%) and the apex, the single largest gamma strike, 58.

+$491K
Net gamma
58
Call wall
+6.9%
50
Put wall
−7.9%
51.5
Gamma flip
−5.1%

IHI largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
56
+$85K
55
+$32K
— close 54.27 —
54
+$80K
53
+$11K

The heaviest strike on the October 20, 2026 book was 56, carrying +$85K of dealer gamma, +3.2% from the close.

IHI closed with dealers short gamma on 36 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 IHI's map move live all session.

Common questions

What is IHI's gamma exposure?

At the October 20, 2026 close, IHI's net dealer gamma exposure was +$491K: long gamma.

Where is IHI's call wall?

58, +6.9% from the 54.27 close on October 20, 2026.

Where is IHI's put wall?

50, −7.9% 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.