RNG gamma exposure by strike

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

RNG closed at 81.62 on October 20, 2026 with dealers net long $721K of gamma. The call wall was 83 (+1.7%), the put wall 78 (−4.4%) and the apex, the single largest gamma strike, 83.

+$721K
Net gamma
83
Call wall
+1.7%
78
Put wall
−4.4%
82.5
Gamma flip
+1.1%

RNG largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
84
+$23K
83
+$780K
82
+$10K
— close 81.62 —
81
+$449K
80
+$66K

The heaviest strike on the October 20, 2026 book was 83, carrying +$780K of dealer gamma, +1.7% from the close.

RNG closed with dealers short gamma on 11 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 RNG's map move live all session.

Common questions

What is RNG's gamma exposure?

At the October 20, 2026 close, RNG's net dealer gamma exposure was +$721K: long gamma.

Where is RNG's call wall?

83, +1.7% from the 81.62 close on October 20, 2026.

Where is RNG's put wall?

78, −4.4% 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.