Free · no loginNegative gamma

ONDS gamma levels

From the closing options book · October 19, 2026

ONDS closed at 6.06 on October 19, 2026. Its call wall was 7, put wall 5.5, the Apex (the strike with the most dealer gamma) 5.5. Net dealer gamma was negative, so hedging tends to amplify moves.

6.06
Close
5.5
Apex
7
Call wall
5.5
Put wall
—
Gamma flip

These are the October 19, 2026 closing levels. Members see ONDS's board live all session, with the odds of reaching each level.

ONDS gamma levelsWALL BANDCall wall7Close6.06Put wall5.50
ONDS closing levels — October 19, 2026. Drawn to scale.

ONDS's closing options book on October 19, 2026 carried −$372K of net dealer gamma spread across 5 expirations and 45 contracts. The sign is negative, so hedging runs with the move rather than against it.

The heaviest call-side strike sits at 7 and the heaviest put-side strike at 5.5, a band 25% wide. ONDS has averaged 6% between its high and its low over the last 83 sessions, which makes the full width of that band about 4.1 average sessions of travel. It closed in the lower third of that band.

ONDS closed at 6.06 — 16% below the call wall and 9.2% above the put wall. The put side is the nearer of the two at 9.2% away, which is the only reason it is worth watching more closely than the other. Most levels drawn on a chart are never reached at all, and the distance is what separates them.

ONDS's apex — the strike carrying the most gamma in absolute terms — is 5.5, the same strike as its put wall. When those stack on one level the book is concentrated rather than spread, and that single strike is doing most of the work.

Across the last 10 recorded sessions its call wall has printed 3 different strikes, and its put wall has printed 3 different strikes. Walls that stay put and walls that migrate every session are different objects.

What ONDS's walls are — and aren't

ONDS's book has been recorded on 83 sessions. Its average daily range over that stretch was 6% of price. Walls are where dealer hedging is heaviest — positive gamma absorbs moves, negative gamma amplifies them. They are not bounce points, and across our grading they contained price no better than a same-width band around the prior close.

ONDS levels, last 10 sessions

SessionCloseApexCall wallPut wall
Oct 196.065.575.5
Oct 166.045.5—5.5
Oct 156.3567.56
Oct 146.146—6
Oct 136.71886
Oct 126.67787
Oct 96.73787
Oct 86.85787
Oct 77.19787
Oct 67.41887

Common questions

What is ONDS's call wall right now?

ONDS's heaviest call-side gamma strike is 7, measured from the closing options book on October 19, 2026. That is 16% above where it closed, against an average daily range of 6%.

Where is ONDS's put wall?

The heaviest put-side strike is 5.5, 9.2% below the October 19, 2026 close. Together with the 7 call wall it brackets a band 25% wide.

What is ONDS's gamma flip level?

ONDS does not have a well-defined gamma flip in the current book.

Do ONDS's gamma walls act as support and resistance?

Not reliably. Walls mark where dealer hedging is heaviest — positive gamma absorbs moves, negative gamma amplifies them — but levels are not bounce points, and across our grading walls contained price no better than a same-width band around the prior close (ONDS's book has been recorded on 83 sessions).

Are these ONDS levels live?

No. This page is built from the closing options book and rebuilt each night, so it describes October 19, 2026. Walls build and dissolve through a session — the live intraday board is inside FlowMonkey, and a free 15-minute delayed SPY board is public at flowmonkey.net/spy-gamma-heatmap.

See it live

These are closing levels. The board moves all day.

Walls build and dissolve through the session. FlowMonkey shows the live board on 400+ symbols, with every level priced by whether price can actually reach it today. Start with the free SPY board — no account needed.

Levels are measured from the closing options book and rebuilt nightly. Gamma is an estimate of dealer hedging pressure, not a forecast of direction. Not investment advice.