Every number here is computed from the traded BWET 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.
BWET closed at $691.60 on Nov 4, 2026.
The call wall is at $800.00. The put wall is at $500.00.
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 explainerLast completed session, from the Finviro engine close archive · today's session levels refresh every five minutes inside the platform.
Breakwave Tanker Shipping ETF is an exchange-traded fund, listed since 2023, with about $126.15M in assets. The fund's price follows what it holds, so it moves with its basket, not with one company.
The Breakwave Tanker Shipping ETF (BWET) is an exchange-traded fund that enables investors to track the daily shifts in indices measuring the prospective cost of crude oil transportation. It grants direct, unlevered access to oil tanker futures, removing the necessity of maintaining a separate futures account.
Its beta is 4.69: the fund usually moves more than the broad market, with wider swings up and down.
On the price was $692.27, below its 50-day simple average (DMA-50 at $765.66) by 9.6%, and above its 200-day average (DMA-200 at $310.94) by 123%. 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, BWET closed at $691.60: 13.55% below the call wall and 38.32% above the put wall. The gap between the two walls was 43.38% of the price.
Over the last 52 weeks, BWET traded between $17.10 (Nov 4, 2025) and $1,051.94 (Oct 8, 2026). The last close of $691.60 on Nov 4, 2026 is 34.25% below the high and 3,944.45% above the low.
Over three months BWET outperformed SPY by 158.29 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 BWET are for members.
