LIN gamma exposure by strike

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

LIN closed at 501.89 on October 20, 2026 with dealers net long $741K of gamma. The call wall was 500 (−0.4%), the put wall 460 (−8.3%) and the apex, the single largest gamma strike, 460.

+$741K
Net gamma
500
Call wall
−0.4%
460
Put wall
−8.3%
537.5
Gamma flip
+7.1%

LIN largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
520
+$897K
515
+$468K
510
+$298K
505
+$747K
— close 501.89 —
500
+$1.9M
495
+$595K

The heaviest strike on the October 20, 2026 book was 500, carrying +$1.9M of dealer gamma, −0.4% from the close.

LIN closed with dealers short gamma on 46 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 LIN's map move live all session.

Common questions

What is LIN's gamma exposure?

At the October 20, 2026 close, LIN's net dealer gamma exposure was +$741K: long gamma.

Where is LIN's call wall?

500, −0.4% from the 501.89 close on October 20, 2026.

Where is LIN's put wall?

460, −8.3% 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.