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PCAR gamma levels

From the closing options book · October 19, 2026

PCAR closed at 108.42 on October 19, 2026. Its call wall was 125, put wall 120, the Apex (the strike with the most dealer gamma) 120. Net dealer gamma was negative, so hedging tends to amplify moves.

108.42
Close
120
Apex
125
Call wall
120
Put wall
—
Gamma flip

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

PCAR gamma levelsWALL BANDCall wall125Put wall120Close108.42
PCAR closing levels — October 19, 2026. Drawn to scale.

PCAR's closing options book on October 19, 2026 carried −$449K of net dealer gamma spread across 5 expirations and 16 contracts. The sign is negative, so hedging runs with the move rather than against it.

The heaviest call-side strike sits at 125 and the heaviest put-side strike at 120, a band 4.6% wide. PCAR has averaged 2.34% between its high and its low over the last 89 sessions, which makes the full width of that band about 2.0 average sessions of travel. It closed below the put wall entirely.

PCAR closed at 108.42 — 15% below the call wall and 11% below the put wall. The put side is the nearer of the two at 11% 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.

PCAR's apex — the strike carrying the most gamma in absolute terms — is 120, 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 PCAR's walls are — and aren't

PCAR's book has been recorded on 89 sessions. Its average daily range over that stretch was 2.34% 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.

PCAR levels, last 10 sessions

SessionCloseApexCall wallPut wall
Oct 19108.42120125120
Oct 16110.82120125120
Oct 15110.81110125110
Oct 14108.56110125110
Oct 13107.98110125110
Oct 12108.13110115110
Oct 9108.04110125110
Oct 8109.66110125110
Oct 7106.86110110100
Oct 6109.32100125100

Common questions

What is PCAR's call wall right now?

PCAR's heaviest call-side gamma strike is 125, measured from the closing options book on October 19, 2026. That is 15% above where it closed, against an average daily range of 2.34%.

Where is PCAR's put wall?

The heaviest put-side strike is 120, 11% above the October 19, 2026 close. Together with the 125 call wall it brackets a band 4.6% wide.

What is PCAR's gamma flip level?

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

Do PCAR'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 (PCAR's book has been recorded on 89 sessions).

Are these PCAR 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.