Dealer gamma · META
Computed 2026-10-12 after the close from META's listed option chain. Nothing here is predicted: these are the strikes where dealer hedging concentrates, recomputed every trading night.
Computed 2026-10-12 21:48 · refreshed nightly
| Night | Spot | Flip | Call wall | Put wall | Net gamma |
|---|---|---|---|---|---|
| 2026-10-12 | 718.67 | 700 | 750 | 680 | +$2.16bn |
| 2026-10-11 | 718.67 | 700 | 750 | 680 | +$1.61bn |
| 2026-10-10 | 718.67 | 700 | 750 | 680 | +$1.61bn |
| 2026-10-08 | 721.31 | 700 | 750 | 680 | +$1.64bn |
| 2026-10-07 | 738.88 | 740 | 750 | 720 | +$1.58bn |
| 2026-10-06 | 741.9 | 700 | 750 | 680 | +$2.03bn |
| 2026-10-05 | 728.08 | 700 | 750 | 680 | +$2.09bn |
| 2026-10-04 | 728.08 | 700 | 750 | 717.5 | +$1.72bn |
| 2026-10-03 |
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.
| 728.08 |
| 700 |
| 750 |
| 717.5 |
| +$1.72bn |
| 2026-10-02 | 725.93 | 700 | 750 | 727.5 | +$1.90bn |