RVMD gamma exposure by strike

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

RVMD closed at 196.55 on October 20, 2026 with dealers net long $468K of gamma. The call wall was 220 (+11.9%), the put wall 175 (−11.0%) and the apex, the single largest gamma strike, 220.

+$468K
Net gamma
220
Call wall
+11.9%
175
Put wall
−11.0%
215
Gamma flip
+9.4%

RVMD largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
200
+$68K
— close 196.55 —
195
+$17K
190
+$8K

The heaviest strike on the October 20, 2026 book was 200, carrying +$68K of dealer gamma, +1.8% from the close.

RVMD closed with dealers short gamma on 6 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 RVMD's map move live all session.

Common questions

What is RVMD's gamma exposure?

At the October 20, 2026 close, RVMD's net dealer gamma exposure was +$468K: long gamma.

Where is RVMD's call wall?

220, +11.9% from the 196.55 close on October 20, 2026.

Where is RVMD's put wall?

175, −11.0% 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.