GAMMA EXPOSURE · Dealer positioning

U Gamma Today: Positioning Walls and the Flip

Every number here is computed from the traded U 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.

41.66$ Positive gamma Refreshed every five minutes during the US session (UTC)

🔒 مستوياتُ التنفيذ مقفلة

جدارا الغاما ونقطةُ انقلابها لـU 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 U price

U · open interest at each strike.
Strike	Calls	Puts	Today's volume	Skew
39.00	216	3,318	43	Put
39.50	11	24	43	Put
40.00	2,070	4,032	20	Put
40.50	327	13	20	Call
41.00	656	1,285	271	Put
41.50	240	84	271	Call
42.00	660	1,016	87	Put
42.50	301	40	87	Call
43.00	927	737	14	Call
43.50	371	196	14	Call
44.00	936	1,200	20	Put
44.50	128	61	20	Call

How the levels moved over the last 3 days

U archive · each day's close.
Day	Price	Gamma flip	Call wall	Put wall
2026-08-10	42.98	—	45.00	40.00
2026-08-11	43.57	—	45.00	40.00
2026-08-12	44.10	—	45.00	40.00

U numeric indicators.
Metric	Value
Max pain strike	42.00
Put/Call ratio · today's volume	0.19
Put/Call ratio · open interest	0.99
0DTE gamma flip	39.74
0DTE contracts in chain	100
Total contracts read	428

Strongest magnet levels

45.00 782,400
50.00 148,583
48.00 118,523

Strongest accelerant levels

39.00 −354,970
40.00 −311,034
41.00 −80,693

Where does U stand relative to the gamma flip?

Price 41.6600 is above the gamma flip 40.9100 by 1.83%. Positioning is positive: as price rises dealers sell hedges, and as it falls they buy — so their hedging acts as a brake pulling price toward the middle. This explains sessions that look quiet despite news that would justify a wider move. 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 (8.02% from price)، ولعقود البيع عند 40.0000 (-3.98% 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 U during the session, so flow leads rather than hedging.

Exposure size and hedging density

صافي تعرّض الغاما لـU يبلغ 441,642، وهو حجمٌ محدود. Hedging for a 1% move is about 10,601 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 428 contracts in the chain.

What the recent history of U says

Over the last 27 days of tracking (292 archived snapshots), U stayed above the gamma flip in 35% of readings، وتنقّلت نقطةُ الانقلاب نفسُها بين 39.8700 و44.2700، أي بنطاق 11.04٪، 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 (684,932).