Dealer gamma · BABA
Computed 2026-10-14 after the close from BABA's listed option chain. Nothing here is predicted: these are the strikes where dealer hedging concentrates, recomputed every trading night.
Computed 2026-10-14 23:04 · refreshed nightly
| Night | Spot | Flip | Call wall | Put wall | Net gamma |
|---|---|---|---|---|---|
| 2026-10-14 | 110.85 | 140 | 115 | 110 | +$0.04bn |
| 2026-10-13 | 110.78 | 120 | 115 | 105 | +$0.06bn |
| 2026-10-12 | 110.78 | 125 | 120 | 105 | +$0.05bn |
| 2026-10-11 | 111.37 | 120 | 120 | 105 | +$0.06bn |
| 2026-10-08 | 107 | 185 | 150 | 100 | +$0.01bn |
| 2026-10-07 | 107 | 140 | 130 | 105 | +$0.03bn |
| 2026-10-06 | 109.26 | 130 | 120 | 105 | +$0.05bn |
| 2026-10-05 | 110.8 | 125 | 120 | 105 | +$0.06bn |
| 2026-10-04 |
What a wall is: the strike where dealers' hedging exposure concentrates. Price approaching a large call wall tends to meet hedging flow that leans against the move; losing a put wall can accelerate one. A wall is a level that usually matters — not a promise. Our index levels are graded publicly against every session for exactly that reason.
Where this data goes: this same nightly computation feeds the Intel Clearance morning wire — filings, 13F moves, dark-pool share and these walls on the names you follow, read for you by 07:40. And inside the terminal, the index books recompute through the session as 0DTE flow rebuilds the surface.
| 105.85 |
| 155 |
| 130 |
| 105 |
| +$0.02bn |
| 2026-10-03 | 105.85 | 155 | 130 | 105 | +$0.02bn |
