GAMMA EXPOSURE · Dealer positioning

HAL Gamma Today: Positioning Walls and the Flip

Every number here is computed from the traded HAL options chain. The call wall is where dealer hedging accumulates above spot and caps upside, the put wall is its mirror below, and the gamma flip is the level where hedging stops damping moves and starts amplifying them.

37.07$ Positive gamma Refreshed every five minutes during the US session (UTC)

🔒 مستوياتُ التنفيذ مقفلة

جدارا الغاما ونقطةُ انقلابها لـHAL متاحةٌ للمشتركين.

ويمكنك فحصُ SPY وQQQ وNVDA كاملةً الآن بلا اشتراك.

اطّلع على الباقات

36.00$ Spot right now 40.00$

Gamma on other symbols

SPX SPY QQQ DIA IWM AAPL MSFT GOOGL AMZN NVDA META TSLA All symbols

Options chain around HAL price

HAL · open interest at each strike.
Strike	Calls	Puts	Today's volume	Skew
34.00	2,243	7,092	47	Put
34.50	156	41	47	Call
35.00	31,568	7,053	72	Call
35.50	1,089	104	72	Call
36.00	15,758	5,994	142	Call
36.50	137	1,791	142	Put
37.00	6,414	3,635	243	Call
37.50	594	67	243	Call
38.00	4,929	826	48	Call
38.50	161	13	48	Call
39.00	3,148	682	104	Call
40.00	11,450	1,805	121	Call

How the levels moved over the last 3 days

HAL archive · each day's close.
Day	Price	Gamma flip	Call wall	Put wall
2026-08-10	33.67	32.73	35.00	32.00
2026-08-11	33.87	32.66	34.00	32.00
2026-08-12	33.49	32.75	34.00	32.00

HAL numeric indicators.
Metric	Value
Max pain strike	35.00
Put/Call ratio · today's volume	0.56
Put/Call ratio · open interest	0.85
0DTE gamma flip	37.48
0DTE contracts in chain	76
Total contracts read	366

Strongest magnet levels

35.00 ⁦3.6⁩ مليون
36.00 ⁦1.59⁩ مليون
40.00 ⁦1.07⁩ مليون

Strongest accelerant levels

34.00 −399,308
36.50 −390,779
33.00 −242,287

Where does HAL stand relative to the gamma flip?

السعرُ 37.0700 يعلو نقطةَ الانقلاب 33.3100 بفارق 11.29٪، مسافةٌ مريحة. Positioning is clearly positive: dealer hedging buys dips and sells rallies, so price tends to grind within a range rather than jump. Flipping this state يحتاج هبوطاً يتجاوز 11.3٪، أي أنّه ليس سيناريو الجلسة الأقرب. Price is inside the range between 36.0000 and 40.0000, closer to Put wall of the two.

Option walls and session range

أكبرُ تجمّعٍ لعقود الشراء عند 40.0000 (7.90% from price)، ولعقود البيع عند 36.0000 (-2.89% from price)، والمسافةُ بينهما 11.11٪، a **wide** range. That does not imply a move is coming, only that the walls are far enough apart not to confine HAL during the session, so flow leads rather than hedging.

Exposure size and hedging density

صافي تعرّض الغاما لـHAL يبلغ ⁦7.65⁩ مليون، وهو حجمٌ محدود. Hedging for a 1% move is about 206,316 shares. In this range hedging stays secondary to the stock's own flow, so the levels below should not be asked to carry more than they can.

Supporting signals

and this reading is built on 366 contracts in the chain.

What the recent history of HAL says

Over the last 27 days of tracking (290 archived snapshots), HAL stayed above the gamma flip in 99% of readings، وتنقّلت نقطةُ الانقلاب نفسُها بين 32.3500 و34.1600، أي بنطاق 5.60٪، وهو ما يعني أنّ the level moves with the market and does not serve as a fixed reference across days، and net exposure today is above the period average (⁦5.66⁩ مليون).