Dealer gamma · NFLX
Computed 2026-10-12 after the close from NFLX's listed option chain. Nothing here is predicted: these are the strikes where dealer hedging concentrates, recomputed every trading night.
Computed 2026-10-12 21:50 · refreshed nightly
| Night | Spot | Flip | Call wall | Put wall | Net gamma |
|---|---|---|---|---|---|
| 2026-10-12 | 70.3 | 52 | 71 | 65 | -$0.01bn |
| 2026-10-11 | 70.3 | 52 | 100 | 65 | -$0.02bn |
| 2026-10-10 | 70.3 | 52 | 100 | 65 | -$0.02bn |
| 2026-10-08 | 69.7 | 95 | 71 | 65 | +$0.03bn |
| 2026-10-07 | 68.69 | 125 | 100 | 65 | +$0.01bn |
| 2026-10-06 | 67.5 | 50 | 100 | 65 | -$0.01bn |
| 2026-10-05 | 67.06 | 50 | 100 | 65 | -$0.04bn |
| 2026-10-04 | 67.06 | 52 | 100 | 65 | -$0.05bn |
| 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.
| 67.06 |
| 52 |
| 100 |
| 65 |
| -$0.05bn |
| 2026-10-02 | 67.85 | 52 | 100 | 67 | -$0.09bn |
