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AMZN gamma levels

Zero Gamma, Call Wall, Put Wall and Max Gamma of the dealer positioning in Amazon stock options (AMZN), computed on the full option chain and refreshed every 5 minutes during the session.

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Yesterday's session, verifiable · 2026-10-02

The session opened with these levels (computed at 09:33 ET, before anything happened) and this is what price did.

Regime at the open: positive gamma
Call Wall255.00
Max Gamma260.00
Zero Gamma240.99
Put Wall250.00
close 251.26open 251.38low 250.02high 253.56CW 255.00MG 260.00ZG 240.99PW 250.00
Open 251.38High 253.56Low 250.02Close 251.260 Zero Gamma crosses
  • 09:30 Opened above Zero Gamma (10 pts over)
  • 11:40 Put Wall touched and held
  • 16:00 Closed 1 pts above Put Wall

Today's levels · 2026-10-05

Today's numbers are for subscribers: above you have YESTERDAY's full session so you can check whether the levels work, before paying anything.

  • Today's levels, refreshed every 5 minutes while the market is open
  • All 95 symbols, not just the ones on this page
  • On your own chart: TradingView, Bookmap, NinjaTrader or Sierra Chart
  • Alerts when price touches a wall or crosses Zero Gamma
Regime now: positive gamma · dampening

Zero Gamma

Where dealers' net gamma flips sign. Above it they dampen (buy dips, sell rips); below it they amplify.

Call Wall

The strike with the most call gamma above spot, within 3% of price: resistance and magnet; likely ceiling of the day's range.

Put Wall

The strike with the most put gamma below spot, within 3% of price: support; likely floor of the day's range.

Max Gamma

The strike with the largest absolute net gamma in the whole chain: the strongest pin, especially into expiration.

Frequently asked questions

What is Zero Gamma?

The price where dealers' net gamma flips sign. Above it they tend to dampen moves (positive gamma); below it they amplify them (negative gamma).

What are the Call Wall and the Put Wall?

The strike with the most call gamma above spot (likely ceiling of the range) and the strike with the most put gamma below (likely floor). Computed from the open interest of the whole chain.

What data are they computed from?

From CBOE's full option chain (~15-minute delayed data), Black-Scholes greeks with each contract's implied volatility and the industry-standard convention: dealers long calls, short puts. Descriptive levels, not investment advice.

Understand the levels

Descriptive levels of options positioning, computed from CBOE data ~15 minutes delayed. Not a recommendation or investment advice.