QQQI gamma exposure by strike

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

QQQI closed at 54.16 on October 20, 2026 with dealers net long $776K of gamma. The call wall was 56 (+3.4%), the put wall 53 (−2.1%) and the apex, the single largest gamma strike, 53.

+$776K
Net gamma
56
Call wall
+3.4%
53
Put wall
−2.1%
56.5
Gamma flip
+4.3%

QQQI largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
56
+$1.2M
55
+$1.2M
— close 54.16 —
54
+$291K
53
−$1.3M
52
−$631K

The heaviest strike on the October 20, 2026 book was 53, carrying −$1.3M of dealer gamma, −2.1% from the close.

QQQI closed with dealers short gamma on 15 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 QQQI's map move live all session.

Common questions

What is QQQI's gamma exposure?

At the October 20, 2026 close, QQQI's net dealer gamma exposure was +$776K: long gamma.

Where is QQQI's call wall?

56, +3.4% from the 54.16 close on October 20, 2026.

Where is QQQI's put wall?

53, −2.1% 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.