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WOLF gamma levels

From the closing options book · October 20, 2026

WOLF closed at 23.50 on October 20, 2026. Its call wall was 26, put wall 25, the Apex (the strike with the most dealer gamma) 25. Net dealer gamma was negative, so hedging tends to amplify moves.

23.50
Close
25
Apex
26
Call wall
25
Put wall
—
Gamma flip

These are the October 20, 2026 closing levels. Members see WOLF's board live all session, with the odds of reaching each level.

WOLF gamma levelsWALL BANDCall wall26Put wall25Close23.50
WOLF closing levels — October 20, 2026. Drawn to scale.

WOLF's closing options book on October 20, 2026 carried −$113K of net dealer gamma spread across 5 expirations and 105 contracts. The sign is negative, so hedging runs with the move rather than against it.

The heaviest call-side strike sits at 26 and the heaviest put-side strike at 25, a band 4.3% wide. WOLF has averaged 8.44% between its high and its low over the last 87 sessions, which makes the full width of that band about 0.5 average sessions of travel. It closed below the put wall entirely.

WOLF closed at 23.50 — 11% below the call wall and 6.4% below the put wall. The put side is the nearer of the two at 6.4% away, which is the only reason it is worth watching more closely than the other. Most levels drawn on a chart are never reached at all, and the distance is what separates them.

WOLF's apex — the strike carrying the most gamma in absolute terms — is 25, the same strike as its put 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 moved almost every session, and its put wall has printed two different strikes. Walls that stay put and walls that migrate every session are different objects.

What WOLF's walls are — and aren't

WOLF's book has been recorded on 87 sessions. Its average daily range over that stretch was 8.44% of price. Walls are where dealer hedging is heaviest — positive gamma absorbs moves, negative gamma amplifies them. They are not bounce points, and across our grading they contained price no better than a same-width band around the prior close.

WOLF levels, last 10 sessions

SessionCloseApexCall wallPut wall
Oct 2023.50252625
Oct 1924.142526.525
Oct 1623.22252625
Oct 1525.91253025
Oct 1424.58252925
Oct 1328.572532.525
Oct 1228.032532.525
Oct 930.612532.525
Oct 831.022532.525
Oct 731.37353529.5

Common questions

What is WOLF's call wall right now?

WOLF's heaviest call-side gamma strike is 26, measured from the closing options book on October 20, 2026. That is 11% above where it closed, against an average daily range of 8.44%.

Where is WOLF's put wall?

The heaviest put-side strike is 25, 6.4% above the October 20, 2026 close. Together with the 26 call wall it brackets a band 4.3% wide.

What is WOLF's gamma flip level?

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

Do WOLF's gamma walls act as support and resistance?

Not reliably. Walls mark where dealer hedging is heaviest — positive gamma absorbs moves, negative gamma amplifies them — but levels are not bounce points, and across our grading walls contained price no better than a same-width band around the prior close (WOLF's book has been recorded on 87 sessions).

Are these WOLF levels live?

No. This page is built from the closing options book and rebuilt each night, so it describes October 20, 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.