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ONDS gamma levels

From the closing options book · September 4, 2026

7.62
Close
7
Apex
9
Call wall
7
Put wall
Gamma flip
ONDS gamma levelsWALL BANDCall wall9Close7.62Put wall7
ONDS closing levels — September 4, 2026. Drawn to scale.

ONDS's closing options book on September 4, 2026 carried −$110K of net dealer gamma spread across 5 expirations and 59 contracts. The sign is negative, so hedging runs with the move rather than against it.

The heaviest call-side strike sits at 9 and the heaviest put-side strike at 7, a band 26% wide. ONDS has averaged 7.18% between its high and its low over the last 82 sessions, which makes the full width of that band about 3.7 average sessions of travel. It closed in the lower third of that band.

ONDS closed at 7.62 — 18% below the call wall and 8.1% above the put wall. The put side is the nearer of the two at 8.1% 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 7, 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 4 different strikes, and its put wall has printed 3 different strikes. Walls that stay put and walls that migrate every session are different objects, and the difference shows up here before it shows up in price.

How ONDS has behaved around these levels

Over the last 82 recorded sessions, ONDS closed between the previous session's put wall and call wall 53 times. Its average daily range over that stretch was 7.18% of price. These are descriptions of what already happened — they are not a forecast, and no level holds every time.

ONDS levels, last 10 sessions

SessionCloseApexCall wallPut wall
Sep 47.62797
Sep 37.63887.5
Sep 27.617.597.5
Sep 17.047.57.5
Aug 317.667.597.5
Aug 287.90898
Aug 278.7510108
Aug 268.22898
Aug 258.24898
Aug 248.2489.58

Common questions

What is ONDS's call wall right now?

ONDS's heaviest call-side gamma strike is 9, measured from the closing options book on September 4, 2026. That is 18% above where it closed, against an average daily range of 7.18%.

Where is ONDS's put wall?

The heaviest put-side strike is 7, 8.1% below the September 4, 2026 close. Together with the 9 call wall it brackets a band 26% wide.

What is ONDS's gamma flip level?

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

How often does ONDS close between its gamma walls?

Over the last 82 recorded sessions, ONDS closed between the previous session's put wall and call wall 53 times, and 5 of the last 8. Those are counts of what already happened for this symbol — not a forecast, and not a claim about any level holding.

Are these ONDS levels live?

No. This page is built from the closing options book and rebuilt each night, so it describes September 4, 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.