MDB gamma exposure by strike

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

MDB closed at 366.18 on October 20, 2026 with dealers net long $8.7M of gamma. The call wall was 360 (−1.7%), the put wall 355 (−3.1%) and the apex, the single largest gamma strike, 360.

+$8.7M
Net gamma
360
Call wall
−1.7%
355
Put wall
−3.1%
366.25
Gamma flip
at the close

MDB largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
380
+$997K
375
+$507K
370
+$1.0M
— close 366.18 —
365
+$1.3M
360
+$2.2M
355
−$699K

The heaviest strike on the October 20, 2026 book was 360, carrying +$2.2M of dealer gamma, −1.7% from the close.

MDB closed with dealers short gamma on 10 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 MDB's map move live all session.

Common questions

What is MDB's gamma exposure?

At the October 20, 2026 close, MDB's net dealer gamma exposure was +$8.7M: long gamma.

Where is MDB's call wall?

360, −1.7% from the 366.18 close on October 20, 2026.

Where is MDB's put wall?

355, −3.1% 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.