UUP gamma exposure by strike

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

UUP closed at 28.90 on October 20, 2026 with dealers net long $599K of gamma. The call wall was 29 (+0.3%), the put wall 28 (−3.1%) and the apex, the single largest gamma strike, 29.

+$599K
Net gamma
29
Call wall
+0.3%
28
Put wall
−3.1%
28.5
Gamma flip
−1.4%

UUP largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
30
+$57K
29
+$558K
— close 28.90 —
28
−$20K

The heaviest strike on the October 20, 2026 book was 29, carrying +$558K of dealer gamma, +0.3% from the close.

UUP closed with dealers short gamma on 14 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 UUP's map move live all session.

Common questions

What is UUP's gamma exposure?

At the October 20, 2026 close, UUP's net dealer gamma exposure was +$599K: long gamma.

Where is UUP's call wall?

29, +0.3% from the 28.90 close on October 20, 2026.

Where is UUP's put wall?

28, −3.1% 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.