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STX gamma levels

From the closing options book · September 4, 2026

849.28
Close
850
Apex
850
Call wall
780
Put wall
Gamma flip
STX gamma levelsWALL BANDCall wall850Close849.28Put wall780
STX closing levels — September 4, 2026. Drawn to scale.

STX's closing options book on September 4, 2026 carried −$7.8 million of net dealer gamma spread across 5 expirations and 552 contracts. The sign is negative, so hedging runs with the move rather than against it.

The heaviest call-side strike sits at 850 and the heaviest put-side strike at 780, a band 8.2% wide. STX has averaged 7.03% between its high and its low over the last 89 sessions, which makes the full width of that band about 1.2 average sessions of travel. It closed sitting on the call wall.

STX closed at 849.28 — level with the call wall and 8.2% above the put wall. The call wall is not a distance away at all; price finished on it, which is the one state where a level is unambiguously in play. Most levels drawn on a chart are never reached at all, and the distance is what separates them.

STX's apex — the strike carrying the most gamma in absolute terms — is 850, the same strike as its call wall. When those stack on one level the book is concentrated rather than spread, and that single strike is doing most of the work.

Across the last 10 recorded sessions its call wall has not moved off 850 once, and its put wall has not moved off 780 once. Walls that stay put and walls that migrate every session are different objects, and the difference shows up here before it shows up in price.

How STX has behaved around these levels

Over the last 89 recorded sessions, STX closed between the previous session's put wall and call wall 61 times. Its average daily range over that stretch was 7.03% of price. These are descriptions of what already happened — they are not a forecast, and no level holds every time.

STX levels, last 10 sessions

SessionCloseApexCall wallPut wall
Sep 4849.28850850780
Sep 3798.61850850780
Sep 2808.54850850780
Sep 1816.64780850780
Aug 31828.38780850780
Aug 28829.76780850780
Aug 27847.20850850780
Aug 26846.37780850780
Aug 25821.67780850780
Aug 24794.65780850780

Common questions

What is STX's call wall right now?

STX's heaviest call-side gamma strike is 850, measured from the closing options book on September 4, 2026, and it closed level with that strike.

Where is STX's put wall?

The heaviest put-side strike is 780, 8.2% below the September 4, 2026 close. Together with the 850 call wall it brackets a band 8.2% wide.

What is STX's gamma flip level?

STX does not have a well-defined gamma flip in the current book.

How often does STX close between its gamma walls?

Over the last 89 recorded sessions, STX closed between the previous session's put wall and call wall 61 times, and 9 of the last 9. Those are counts of what already happened for this symbol — not a forecast, and not a claim about any level holding.

Are these STX levels live?

No. This page is built from the closing options book and rebuilt each night, so it describes September 4, 2026. Walls build and dissolve through a session — the live intraday board is inside FlowMonkey, and a free 15-minute delayed SPY board is public at flowmonkey.net/spy-gamma-heatmap.

See it live

These are closing levels. The board moves all day.

Walls build and dissolve through the session. FlowMonkey shows the live board on 400+ symbols, with every level priced by whether price can actually reach it today. Start with the free SPY board — no account needed.

Levels are measured from the closing options book and rebuilt nightly. Gamma is an estimate of dealer hedging pressure, not a forecast of direction. Not investment advice.