NASA gamma exposure by strike

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

NASA closed at 20.48 on October 20, 2026 with dealers net short $67K of gamma. The call wall was 21.5 (+5.0%), the put wall 20.5 (+0.1%) and the apex, the single largest gamma strike, 20.5.

−$67K
Net gamma
21.5
Call wall
+5.0%
20.5
Put wall
+0.1%
None
Gamma flip
short at every strike

NASA largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
21
+$951
20.5
−$40K
— close 20.48 —
20
−$26K

The heaviest strike on the October 20, 2026 book was 20.5, carrying −$40K of dealer gamma, +0.1% from the close.

NASA closed with dealers short gamma on 27 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 NASA's map move live all session.

Common questions

What is NASA's gamma exposure?

At the October 20, 2026 close, NASA's net dealer gamma exposure was −$67K: short gamma.

Where is NASA's call wall?

21.5, +5.0% from the 20.48 close on October 20, 2026.

Where is NASA's put wall?

20.5, +0.1% 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.