Every number here is computed from the traded BNO options chain. The call wall is where dealer hedging accumulates above spot, the put wall is its mirror below, and the gamma flip is the level where hedging switches from running against the move to running with it.
BNO closed at $60.40 on Nov 4, 2026. Price was 13.11% above the gamma flip at $53.40.
The call wall is at $70.00. The put wall is at $60.00. Above the flip, dealer hedging acts against price moves.
Computed
Orange: negative gamma zone.Blue: positive gamma zone.
A read of structure from open-interest levels, not a directional forecast. The complete gamma exposure guide
The last recorded price. Every distance on this page is measured from it.
The largest cluster of call gamma. It often acts as a ceiling that slows a rally.
Read the explainerThe largest cluster of put gamma. It often acts as a floor that slows a decline.
Read the explainerWhere net gamma changes sign. Above it moves tend to calm, below it they tend to speed up.
Read the explainerLast completed session, from the Finviro engine close archive · today's session levels refresh every five minutes inside the platform.
United States Brent Oil Fund LP is an exchange-traded fund, listed since 2010, with about $267.95M in assets. The fund's price follows what it holds, so it moves with its basket, not with one company.
The fund's primary benchmark is a specific Brent crude oil futures contract traded on the Ice Futures Europe Exchange. This typically refers to the contract closest to its expiry date. However, if this front-month contract is fewer than two weeks away from expiration, the fund will instead reference the futures contract scheduled to expire in the subsequent month.
Its beta is 2.16: the fund usually moves more than the broad market, with wider swings up and down.
On the price was $60.41, below its 50-day simple average (DMA-50 at $61.99) by 2.5%, and above its 200-day average (DMA-200 at $50.16) by 20%. Above the 200-day and below the 50-day: the long trend is up and the near-term move has pulled back.
A fund does not publish earnings and revenue statements like a company, so its numbers are read from its assets and its price.
These numbers describe the fund's size and nature and change slowly, while gamma levels describe how the fund moves within the session.
At the Nov 4, 2026 close, BNO closed at $60.40: 13.71% below the call wall and 0.67% above the put wall. The gap between the two walls was 16.56% of the price. The close sat 13.11% above the gamma flip.
Over the last 52 weeks, BNO traded between $27.14 (Dec 16, 2025) and $72.50 (Oct 30, 2026). The last close of $60.40 on Nov 4, 2026 is 16.69% below the high and 122.55% above the low.
Over three months BNO outperformed SPY by 27.74 percentage points.
Closing prices from completed daily candles. A description of what happened, not a forecast.
Live walls, gamma flip, regime, options chain and archive for BNO are for members.
