GAMMA EXPOSURE · Dealer positioning

LUNR Gamma Today: Positioning Walls and the Flip

Every number here is computed from the traded LUNR 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.

14.81$ Negative gamma Refreshed every five minutes during the US session (UTC)

🔒 مستوياتُ التنفيذ مقفلة

جدارا الغاما ونقطةُ انقلابها لـLUNR متاحةٌ للمشتركين.

ويمكنك فحصُ SPY وQQQ وNVDA كاملةً الآن بلا اشتراك.

اطّلع على الباقات

14.00$ Spot right now 15.00$

Gamma on other symbols

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

Options chain around LUNR price

LUNR · open interest at each strike.
Strike	Calls	Puts	Today's volume	Skew
13.50	57	511	119	Put
14.00	935	5,676	1,492	Put
14.50	265	1,576	1,492	Put
15.00	4,347	3,920	495	Call
15.50	554	421	495	Call
16.00	2,933	4,005	319	Put
16.50	782	431	319	Call

How the levels moved over the last 3 days

LUNR archive · each day's close.
Day	Price	Gamma flip	Call wall	Put wall
2026-08-10	15.79	—	20.00	15.00
2026-08-11	16.51	13.59	20.00	16.00
2026-08-12	16.89	—	20.00	16.00

LUNR numeric indicators.
Metric	Value
Max pain strike	15.00
Put/Call ratio · today's volume	1.06
Put/Call ratio · open interest	0.50
0DTE gamma flip	15.92
0DTE contracts in chain	98
Total contracts read	456

Strongest magnet levels

20.50 36,072
18.00 34,428
20.00 29,178

Strongest accelerant levels

14.00 −173,664
14.50 −69,678
16.00 −41,766

Where does LUNR stand relative to the gamma flip?

Price 14.8100 is under the gamma flip 15.2100 by 2.63%. Positioning is negative: dealer hedging runs **with** the move rather than against it, so jumps become wider and reversals sharper. Sessions in this state move more than the size of the news would suggest. Price is inside the range between 14.0000 and 15.0000, closer to Call wall of the two.

Option walls and session range

أكبرُ تجمّعٍ لعقود الشراء عند 15.0000 (1.28% from price)، ولعقود البيع عند 14.0000 (-5.47% from price)، والمسافةُ بينهما 7.14٪، a **wide** range. That does not imply a move is coming, only that the walls are far enough apart not to confine LUNR during the session, so flow leads rather than hedging.

Exposure size and hedging density

صافي تعرّض الغاما لـLUNR يبلغ −195,931، وهو حجمٌ محدود. Hedging for a 1% move is about 13,230 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 456 contracts in the chain.

What the recent history of LUNR says

Over the last 27 days of tracking (297 archived snapshots), LUNR stayed above the gamma flip in 35% of readings، وتنقّلت نقطةُ الانقلاب نفسُها بين 13.5900 و16.3300، أي بنطاق 20.16٪، وهو ما يعني أنّ the level moves with the market and does not serve as a fixed reference across days.