GAMMA EXPOSURE · Dealer positioning

OKLO Gamma Today: Positioning Walls and the Flip

Every number here is computed from the traded OKLO 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.

41.27$ Positive gamma Refreshed every five minutes during the US session (UTC)

🔒 مستوياتُ التنفيذ مقفلة

جدارا الغاما ونقطةُ انقلابها لـOKLO متاحةٌ للمشتركين.

ويمكنك فحصُ SPY وQQQ وNVDA كاملةً الآن بلا اشتراك.

اطّلع على الباقات

40.00$ Spot right now 45.00$

Gamma on other symbols

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

Options chain around OKLO price

OKLO · open interest at each strike.
Strike	Calls	Puts	Today's volume	Skew
38.50	198	507	126	Put
39.00	1,947	801	345	Call
39.50	182	626	345	Put
40.00	5,500	8,912	696	Put
40.50	1,272	279	696	Call
41.00	541	802	467	Put
41.50	399	419	467	Put
42.00	1,030	755	420	Call
42.50	310	331	420	Put
43.00	3,390	338	296	Call
43.50	201	229	296	Put
44.00	1,747	148	142	Call

How the levels moved over the last 3 days

OKLO archive · each day's close.
Day	Price	Gamma flip	Call wall	Put wall
2026-08-10	44.96	44.08	50.00	40.00
2026-08-11	46.99	44.99	50.00	45.00
2026-08-12	45.37	44.65	50.00	45.00

OKLO numeric indicators.
Metric	Value
Max pain strike	44.00
Put/Call ratio · today's volume	0.36
Put/Call ratio · open interest	0.55
0DTE gamma flip	39.66
0DTE contracts in chain	122
Total contracts read	548

Strongest magnet levels

45.00 ⁦2.87⁩ مليون
50.00 522,774
43.00 452,431

Strongest accelerant levels

35.00 −611,124
40.00 −342,759
30.00 −154,897

Where does OKLO stand relative to the gamma flip?

السعرُ 41.2700 يعلو نقطةَ الانقلاب 36.6100 بفارق 12.73٪، 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 12.7٪، أي أنّه ليس سيناريو الجلسة الأقرب. Price is inside the range between 40.0000 and 45.0000, closer to Put wall of the two.

Option walls and session range

أكبرُ تجمّعٍ لعقود الشراء عند 45.0000 (9.04% from price)، ولعقود البيع عند 40.0000 (-3.08% from price)، والمسافةُ بينهما 12.50٪، a **wide** range. That does not imply a move is coming, only that the walls are far enough apart not to confine OKLO during the session, so flow leads rather than hedging.

Exposure size and hedging density

صافي تعرّض الغاما لـOKLO يبلغ ⁦3.38⁩ مليون، وهو حجمٌ محدود. Hedging for a 1% move is about 81,979 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 548 contracts in the chain.

What the recent history of OKLO says

Over the last 27 days of tracking (298 archived snapshots), OKLO stayed above the gamma flip in 43% of readings، وتنقّلت نقطةُ الانقلاب نفسُها بين 36.4000 و47.0100، أي بنطاق 29.15٪، وهو ما يعني أنّ the level moves with the market and does not serve as a fixed reference across days.