Most positive gamma stocks
From the October 20, 2026 closing options book · 656 tickers ranked · updated after every close
Tickers where dealers closed the most long gamma, ranked by net gamma exposure in dollars. AMZN leads at +$380M, followed by TLT (+$368M) and MSFT (+$225M).
| # | Ticker | Close | Net gamma | Call wall | Put wall | ATM IV |
|---|---|---|---|---|---|---|
| 1 | AMZN | 262.63 | +$380M | 265 (+0.9%) | 245 (−6.7%) | 34.9% |
| 2 | TLT | 80.13 | +$368M | 81 (+1.1%) | 78 (−2.7%) | 12.8% |
| 3 | MSFT | 531.87 | +$225M | 550 (+3.4%) | 522.5 (−1.8%) | 26.7% |
| 4 | NVDA | 216.47 | +$211M | 222.5 (+2.8%) | 210 (−3.0%) | 37.4% |
| 5 | DIA | 524.36 | +$207M | 532 (+1.5%) | 510 (−2.7%) | 14.1% |
| 6 | EWZ | 42.94 | +$198M | 43 (+0.1%) | 36 (−16.2%) | 66.8% |
| 7 | TSLA | 373.71 | +$144M | 400 (+7.0%) | 350 (−6.3%) | 62.9% |
| 8 | IWM | 275.78 | +$125M | 275 (−0.3%) | 267 (−3.2%) | 17.2% |
| 9 | LLY | 1,283.66 | +$115M | 1300 (+1.3%) | 1100 (−14.3%) | 44.8% |
| 10 | UNH | 419.26 | +$88.8M | 410 (−2.2%) | 390 (−7.0%) | 29.1% |
| 11 | XLU | 41.88 | +$88.7M | 42 (+0.3%) | 39 (−6.9%) | 16.9% |
| 12 | COST | 994.61 | +$88.6M | 1000 (+0.5%) | 920 (−7.5%) | 20.3% |
| 13 | CVX | 225.71 | +$86.7M | 230 (+1.9%) | 200 (−11.4%) | 30.4% |
| 14 | WMT | 117.85 | +$81.4M | 120 (+1.8%) | 100 (−15.1%) | 24.5% |
| 15 | MSTR | 142.72 | +$64.1M | 148 (+3.7%) | 125 (−12.4%) | 72.7% |
| 16 | XOM | 177.86 | +$61.1M | 180 (+1.2%) | 155 (−12.9%) | 31.9% |
| 17 | PLTR | 192.60 | +$56.0M | 200 (+3.8%) | 185 (−3.9%) | 63.5% |
| 18 | MCD | 246.52 | +$51.7M | 250 (+1.4%) | 230 (−6.7%) | 25.0% |
| 19 | GOOGL | 340.28 | +$51.1M | 352.5 (+3.6%) | 335 (−1.6%) | 37.7% |
| 20 | JNJ | 259.36 | +$45.7M | 257.5 (−0.7%) | 250 (−3.6%) | 25.0% |
| 21 | V | 406.57 | +$44.1M | 405 (−0.4%) | 370 (−9.0%) | 23.8% |
| 22 | MELI | 1,879.50 | +$43.5M | 2100 (+11.7%) | 1760 (−6.4%) | 46.6% |
| 23 | KO | 93.49 | +$38.5M | 94 (+0.5%) | 85 (−9.1%) | — |
| 24 | HD | 315.11 | +$38.1M | 320 (+1.6%) | 280 (−11.1%) | 29.9% |
| 25 | ABBV | 289.08 | +$37.9M | 290 (+0.3%) | 240 (−17.0%) | 32.0% |
| 26 | RSP | 215.86 | +$36.9M | 215 (−0.4%) | 210 (−2.7%) | 16.7% |
| 27 | TSM | 425.08 | +$32.3M | 460 (+8.2%) | 410 (−3.5%) | 34.2% |
| 28 | GDX | 86.10 | +$29.5M | 91 (+5.7%) | 85 (−1.3%) | 41.8% |
| 29 | PG | 159.32 | +$29.4M | 160 (+0.4%) | 145 (−9.0%) | 26.7% |
| 30 | IBIT | 46.71 | +$26.1M | 46.5 (−0.4%) | 45.5 (−2.6%) | 33.9% |
| 31 | MRNA | 242.08 | +$25.9M | 240 (−0.9%) | 210 (−13.3%) | 154.3% |
| 32 | PEP | 134.02 | +$25.5M | 138 (+3.0%) | 125 (−6.7%) | 21.9% |
| 33 | OXY | 62.92 | +$24.9M | 65 (+3.3%) | 58 (−7.8%) | 36.5% |
| 34 | USO | 160.61 | +$23.3M | 165 (+2.7%) | 145 (−9.7%) | 48.7% |
| 35 | IBM | 241.92 | +$22.6M | 250 (+3.3%) | 215 (−11.1%) | 62.2% |
| 36 | XLE | 67.97 | +$22.2M | 68 (at the close) | 66 (−2.9%) | 32.3% |
| 37 | NOW | 149.54 | +$21.9M | 150 (+0.3%) | 130 (−13.1%) | 66.3% |
| 38 | MA | 620.42 | +$21.6M | 645 (+4.0%) | 595 (−4.1%) | 24.1% |
| 39 | UPS | 98.52 | +$20.7M | 100 (+1.5%) | 90 (−8.6%) | 38.5% |
| 40 | CRM | 242.43 | +$19.8M | 250 (+3.1%) | 220 (−9.3%) | 45.1% |
| 41 | GME | 26.47 | +$19.4M | 30 (+13.3%) | 25.5 (−3.7%) | 65.3% |
| 42 | MMM | 171.37 | +$19.3M | 175 (+2.1%) | 160 (−6.6%) | — |
| 43 | GILD | 156.51 | +$19.2M | 165 (+5.4%) | 140 (−10.5%) | — |
| 44 | BLK | 1,128.68 | +$18.7M | 1100 (−2.5%) | 1075 (−4.8%) | 27.6% |
| 45 | ACN | 239.12 | +$18.0M | 240 (+0.4%) | 217.5 (−9.0%) | 42.2% |
| 46 | COP | 145.95 | +$17.7M | 150 (+2.8%) | 130 (−10.9%) | 37.5% |
| 47 | AMGN | 438.94 | +$17.2M | 425 (−3.2%) | 410 (−6.6%) | 34.5% |
| 48 | PBR | 25.70 | +$16.8M | 24 (−6.6%) | 23.5 (−8.6%) | — |
| 49 | MRK | 148.30 | +$16.7M | 150 (+1.1%) | 135 (−9.0%) | 42.1% |
| 50 | UNP | 287.61 | +$16.5M | 300 (+4.3%) | 270 (−6.1%) | 35.7% |
In long gamma, dealer hedging sells rallies and buys dips, which tends to dampen moves and tighten ranges.
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Ranked from the closing options book and rebuilt after every close. Nothing on this page is live. Not investment advice.