MCK gamma exposure by strike

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

MCK closed at 1,030.12 on October 20, 2026 with dealers net long $3.0M of gamma. The call wall was 1030 (at the close), the put wall 950 (−7.8%) and the apex, the single largest gamma strike, 1030.

+$3.0M
Net gamma
1030
Call wall
at the close
950
Put wall
−7.8%
915
Gamma flip
−11.2%

MCK largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
1070
+$90K
1050
+$325K
1040
+$352K
— close 1,030.12 —
1030
+$827K
1020
+$169K
1010
+$202K
1000
+$173K
990
−$80K

The heaviest strike on the October 20, 2026 book was 1030, carrying +$827K of dealer gamma, at the close from the close.

MCK closed with dealers short gamma on 0 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 MCK's map move live all session.

Common questions

What is MCK's gamma exposure?

At the October 20, 2026 close, MCK's net dealer gamma exposure was +$3.0M: long gamma.

Where is MCK's call wall?

1030, at the close from the 1,030.12 close on October 20, 2026.

Where is MCK's put wall?

950, −7.8% 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.