MDT gamma exposure by strike

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

MDT closed at 94.63 on October 20, 2026 with dealers net long $6.2M of gamma. The call wall was 100 (+5.7%), the put wall 87 (−8.1%) and the apex, the single largest gamma strike, 100.

+$6.2M
Net gamma
100
Call wall
+5.7%
87
Put wall
−8.1%
94.5
Gamma flip
−0.1%

MDT largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
98
+$914K
97.5
+$938K
97
+$468K
96
+$531K
95
+$1.7M
— close 94.63 —
94
+$158K
92.5
+$90K
92
+$282K
91
−$213K

The heaviest strike on the October 20, 2026 book was 95, carrying +$1.7M of dealer gamma, +0.4% from the close.

MDT 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 MDT's map move live all session.

Common questions

What is MDT's gamma exposure?

At the October 20, 2026 close, MDT's net dealer gamma exposure was +$6.2M: long gamma.

Where is MDT's call wall?

100, +5.7% from the 94.63 close on October 20, 2026.

Where is MDT's put wall?

87, −8.1% 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.