GAMMA EXPOSURE · Dealer positioning

PFE Gamma Today: Positioning Walls and the Flip

Every number here is computed from the traded PFE 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.

28.45$ Positive gamma Refreshed every five minutes during the US session (UTC)

🔒 مستوياتُ التنفيذ مقفلة

جدارا الغاما ونقطةُ انقلابها لـPFE متاحةٌ للمشتركين.

ويمكنك فحصُ SPY وQQQ وNVDA كاملةً الآن بلا اشتراك.

اطّلع على الباقات

28.00$ Spot right now 29.00$

Gamma on other symbols

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Options chain around PFE price

PFE · open interest at each strike.
Strike	Calls	Puts	Today's volume	Skew
25.50	266	884	181	Put
26.00	40,824	25,571	215	Call
26.50	2,087	2,677	215	Put
27.00	48,153	62,523	2,606	Put
27.50	2,518	4,467	2,606	Put
28.00	99,663	78,663	16,055	Call
28.50	7,733	4,604	16,055	Call
29.00	48,647	4,509	1,747	Call
29.50	5,558	340	1,747	Call
30.00	61,067	190	423	Call
30.50	863	45	423	Call
31.00	27,091	280	37	Call

How the levels moved over the last 3 days

PFE archive · each day's close.
Day	Price	Gamma flip	Call wall	Put wall
2026-08-10	27.05	25.05	28.00	26.00
2026-08-11	26.62	25.09	27.00	26.50
2026-08-12	26.34	25.10	26.50	26.00

PFE numeric indicators.
Metric	Value
Max pain strike	27.50
Put/Call ratio · today's volume	0.25
Put/Call ratio · open interest	0.85
0DTE gamma flip	27.40
0DTE contracts in chain	66
Total contracts read	378

Strongest magnet levels

29.00 ⁦10.79⁩ مليون
30.00 ⁦7.74⁩ مليون
28.00 ⁦2.9⁩ مليون

Strongest accelerant levels

27.00 ⁦−1.91⁩ مليون
25.00 −516,033
27.50 −345,450

Where does PFE stand relative to the gamma flip?

السعرُ 28.4500 يعلو نقطةَ الانقلاب 26.9900 بفارق 5.41٪، 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 5.4٪، أي أنّه ليس سيناريو الجلسة الأقرب. والسعرُ في منتصف المسافة بين الجدارين (28.0000 و29.0000)، أبعدُ نقطةٍ عن either, and the position that calls for the least flow-driving hedging.

Option walls and session range

The largest call cluster sits at 29.0000 (1.93% from price) and the largest put cluster at 28.0000 (-1.58% from price). They are 3.57% apart — a normal range: PFE tends to stay inside it while positioning holds, because hedging at each wall resists a break through it.

Exposure size and hedging density

صافي تعرّض الغاما لـPFE يبلغ ⁦23.02⁩ مليون، وهو حجمٌ محدود. Hedging for a 1% move is about 808,982 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 378 contracts in the chain.

What the recent history of PFE says

Over the last 27 days of tracking (298 archived snapshots), PFE stayed above the gamma flip in 100% of readings، وتنقّلت نقطةُ الانقلاب نفسُها بين 24.8900 و28.4300، أي بنطاق 14.22٪، 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 below the period average (⁦41.48⁩ مليون).