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Dealer positioning

SPCX Gamma Exposure (GEX)

Tuesday, September 8, 2026 · 3-session delayed summary

+$43.2MNet gamma
$160Call wall
$140Put wall
$152.75Spot at close

Space Exploration Technologies (SPCX) closed that session in a positive gamma regime with net exposure of +$43.2M: dealers hedge by selling rallies and buying dips, which tends to dampen moves and pin price near heavy strikes. The dominant call wall sits at $160, while the put wall at $140 marks the heaviest downside hedging concentration.

Gamma by strike and expiration

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

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More SPCX data

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