Delayed derived options structure
TAPE·PIN
Not a scanner · Not max pain from volume
tape 2026-09-18 · published 2026-09-20T14:49:11.657872-04:00

QQQ gamma exposure: flip 717.20, call wall 722.0, regime POSITIVE_GAMMA.

Tape and gamma snapshot disagree.

GEX by strike

call wall $bnput support $bn
690-57.73700-61.02715-63.49722+143.43725+71.73730+50.99flip 717.2

Net GEX history

09-1209-1309-1409-1509-1609-1709-1809-19
gamma snapshot date 2026-09-19 · not the tape session unless the dates match

POSITIVE_GAMMA net 470.263 bn · flip 717.20

Call walls

strikegex $bn
722.0143.433 bn
725.071.73 bn
730.050.993 bn

Put supports

strikegex $bn
715.0-63.486 bn
700.0-61.018 bn
690.0-57.725 bn

Gamma walls by tenor

tenorcall wallput wallp/cnet gex $bn
0dte722.0721.01.33380.126
1_3dte724.0715.02.1319.59
weekly725.0690.02.3425.488
monthly725.0700.01.5845.059

Gamma snapshot history

as-ofspotflipcall wallregime
2026-09-12714.88712.10715.0POSITIVE_GAMMA
2026-09-13714.89713.40720.0TRANSITIONING
2026-09-14714.88713.45720.0TRANSITIONING
2026-09-15709.18708.09710.0POSITIVE_GAMMA
2026-09-16704.54713.97710.0NEGATIVE_GAMMA
2026-09-17704.72706.57705.0NEGATIVE_GAMMA
2026-09-18716.92708.04720.0POSITIVE_GAMMA
2026-09-19721.45717.20722.0POSITIVE_GAMMA

Questions

What is QQQ gamma exposure?

This delayed snapshot models dealer gamma. Net GEX is 470.263 bn USD. It is not a live dealer book and not a forecast.

Where is the QQQ gamma flip?

The flip in this snapshot is 717.2. Above it the model is positive-gamma; below it, negative-gamma.

Where is the QQQ gamma wall?

The top call wall is 722.0. Tenor walls are in the table. These are not volume walls and not max pain.