SCCO gamma exposure by strike

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

SCCO closed at 202.34 on October 20, 2026 with dealers net long $25K of gamma. The call wall was 210 (+3.8%), the put wall 185 (−8.6%) and the apex, the single largest gamma strike, 185.

+$25K
Net gamma
210
Call wall
+3.8%
185
Put wall
−8.6%
183.75
Gamma flip
−9.2%

SCCO largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
210
+$1.2M
207.5
+$42K
202.5
+$21K
— close 202.34 —
200
−$96K
195
−$994K

The heaviest strike on the October 20, 2026 book was 210, carrying +$1.2M of dealer gamma, +3.8% from the close.

SCCO closed with dealers short gamma on 33 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 SCCO's map move live all session.

Common questions

What is SCCO's gamma exposure?

At the October 20, 2026 close, SCCO's net dealer gamma exposure was +$25K: long gamma.

Where is SCCO's call wall?

210, +3.8% from the 202.34 close on October 20, 2026.

Where is SCCO's put wall?

185, −8.6% 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.