SBLK gamma exposure by strike

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

SBLK closed at 28.09 on October 20, 2026 with dealers net short $398K of gamma. The call wall was 33 (+17.5%), the put wall 30 (+6.8%) and the apex, the single largest gamma strike, 30.

−$398K
Net gamma
33
Call wall
+17.5%
30
Put wall
+6.8%
None
Gamma flip
short at every strike

SBLK largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
29
−$164K
— close 28.09 —
28
+$14K
27
+$10K

The heaviest strike on the October 20, 2026 book was 29, carrying −$164K of dealer gamma, +3.2% from the close.

SBLK closed with dealers short gamma on 19 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 SBLK's map move live all session.

Common questions

What is SBLK's gamma exposure?

At the October 20, 2026 close, SBLK's net dealer gamma exposure was −$398K: short gamma.

Where is SBLK's call wall?

33, +17.5% from the 28.09 close on October 20, 2026.

Where is SBLK's put wall?

30, +6.8% 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.