GAMMA EXPOSURE · Dealer positioning

NNE Gamma Today: Positioning Walls and the Flip

Every number here is computed from the traded NNE 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.

17.72$ Positive gamma Refreshed every five minutes during the US session (UTC)

🔒 مستوياتُ التنفيذ مقفلة

جدارا الغاما ونقطةُ انقلابها لـNNE متاحةٌ للمشتركين.

ويمكنك فحصُ SPY وQQQ وNVDA كاملةً الآن بلا اشتراك.

اطّلع على الباقات

17.00$ Spot right now 22.50$

Gamma on other symbols

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

Options chain around NNE price

NNE · open interest at each strike.
Strike	Calls	Puts	Today's volume	Skew
16.00	111	1,040	32	Put
16.50	3	325	32	Put
17.00	211	1,035	100	Put
17.50	107	278	100	Put
18.00	717	1,218	134	Put
18.50	110	453	134	Put
19.00	1,028	743	82	Call
19.50	195	54	82	Call

How the levels moved over the last 3 days

NNE archive · each day's close.
Day	Price	Gamma flip	Call wall	Put wall
2026-08-10	18.56	—	20.00	18.00
2026-08-11	19.42	—	20.00	18.00
2026-08-12	19.05	16.44	20.00	18.00

NNE numeric indicators.
Metric	Value
Max pain strike	18.50
Put/Call ratio · today's volume	1.05
Put/Call ratio · open interest	0.38
0DTE gamma flip	18.35
0DTE contracts in chain	86
Total contracts read	440

Strongest magnet levels

22.50 152,355
26.00 58,401
20.00 30,350

Strongest accelerant levels

17.00 −36,768
16.00 −35,639
18.00 −27,288

Where does NNE stand relative to the gamma flip?

السعرُ 17.7200 يعلو نقطةَ الانقلاب 16.6200 بفارق 6.62٪، 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 6.6٪، أي أنّه ليس سيناريو الجلسة الأقرب. Price is pinned to the put wall at 17.0000: this level acts as a floor while positioning holds, and breaking it opens a wider range than its proximity suggests.

Option walls and session range

أكبرُ تجمّعٍ لعقود الشراء عند 22.5000 (26.98% from price)، ولعقود البيع عند 17.0000 (-4.06% from price)، والمسافةُ بينهما 32.35٪، a **wide** range. That does not imply a move is coming, only that the walls are far enough apart not to confine NNE during the session, so flow leads rather than hedging.

Exposure size and hedging density

صافي تعرّض الغاما لـNNE يبلغ 149,004، وهو حجمٌ محدود. Hedging for a 1% move is about 8,409 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 440 contracts in the chain.

What the recent history of NNE says

Over the last 27 days of tracking (297 archived snapshots), NNE stayed above the gamma flip in 77% of readings، وتنقّلت نقطةُ الانقلاب نفسُها بين 16.2600 و18.5800، أي بنطاق 14.27٪، وهو ما يعني أنّ the level moves with the market and does not serve as a fixed reference across days.