LQD Gamma Exposure (GEX)
Wednesday, September 9, 2026 · 3-session delayed summary
−$1BNet gamma
$109Call wall
$105Put wall
$105.17Spot at close
iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) closed that session in a negative gamma regime with net exposure of −$1B: dealers hedge by selling into weakness and buying strength, which amplifies moves in both directions. The dominant call wall sits at $109, while the put wall at $105 marks the heaviest downside hedging concentration.
Gamma by strike and expiration
Expiration
Positive gammaNegative gammaSpot
How to read this: each column is an expiration, each row a strike. Gold cells mark the largest positive-gamma concentration per expiration (price magnets), purple the most negative (acceleration zones). Walls are where hedging flows are heaviest. Learn how GEX works
This summary is three sessions old. Watch today live.
Real-time dark pool prints, options flow, GEX, and AI analysis for LQD and 18,000+ symbols.
Start Free TrialFull Pro access. 30 days free.