LHX gamma exposure by strike

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

LHX closed at 248.77 on October 20, 2026 with dealers net long $1.9M of gamma. The call wall was 250 (+0.5%), the put wall 230 (−7.5%) and the apex, the single largest gamma strike, 250.

+$1.9M
Net gamma
250
Call wall
+0.5%
230
Put wall
−7.5%
248.75
Gamma flip
at the close

LHX largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
257.5
+$45K
255
+$352K
252.5
+$152K
250
+$1.0M
— close 248.77 —
247.5
+$118K
245
−$191K
240
+$63K

The heaviest strike on the October 20, 2026 book was 250, carrying +$1.0M of dealer gamma, +0.5% from the close.

LHX closed with dealers short gamma on 17 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 LHX's map move live all session.

Common questions

What is LHX's gamma exposure?

At the October 20, 2026 close, LHX's net dealer gamma exposure was +$1.9M: long gamma.

Where is LHX's call wall?

250, +0.5% from the 248.77 close on October 20, 2026.

Where is LHX's put wall?

230, −7.5% 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.