VST gamma exposure by strike

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

VST closed at 150.32 on October 20, 2026 with dealers net long $601K of gamma. The call wall was 160 (+6.4%), the put wall 135 (−10.2%) and the apex, the single largest gamma strike, 160.

+$601K
Net gamma
160
Call wall
+6.4%
135
Put wall
−10.2%
178.75
Gamma flip
+18.9%

VST largest gamma strikes within 4% of the close

Strikeshort ← dealer gamma → long
155
+$681K
152.5
−$1.0M
— close 150.32 —
150
−$1.1M
147
−$216K
145
−$1.4M

The heaviest strike on the October 20, 2026 book was 145, carrying −$1.4M of dealer gamma, −3.5% from the close.

VST closed with dealers short gamma on 35 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 VST's map move live all session.

Common questions

What is VST's gamma exposure?

At the October 20, 2026 close, VST's net dealer gamma exposure was +$601K: long gamma.

Where is VST's call wall?

160, +6.4% from the 150.32 close on October 20, 2026.

Where is VST's put wall?

135, −10.2% 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.