Dealer net gamma exposure, dollars of the underlying traded per 1% move to stay hedged. ASSUMES DEALERS ARE LONG CALLS AND SHORT PUTS - the common convention, and exactly what L exists to test. Positive means hedging damps moves. 0DTE contracts excluded: they are not held past the close.
Rank and percentile disagree by 25 points. rank 39% sits far above percentile 13%, both over every reading on record, less than a year of them: the window is compressed near its low, so a small absolute move covers much of the range without being unusual
2026-06-1771 obs2026-09-28
40 of 40 with a reading on or before 2026-09-28. Each row is that name against its own history — core.metric_context(), one query for all of them — not a rank among them.
| -$50.6m per 1% |
| 7.7% | 7.7% | 7.4% | -1.13 |
| 71 |
| XLE | -$78.8m per 1% | 7.7% | 7.7% | 23.3% | -1.68 | 71 |
| LMT | -$13.1m per 1% | 12.0% | 12.0% | 10.0% | -0.76 | 71 |
| IWM | -$4.40bn per 1% | 13.4% | 13.4% | 38.6% | -1.38 | 71 |
| DIA | -$71.4m per 1% | 21.8% | 21.8% | 40.3% | -0.98 | 71 |
| XLI | -$147.5m per 1% | 23.2% | 23.2% | 42.5% | -0.67 | 71 |
| AMZN | +$239.2m per 1% | 26.1% | 26.1% | 32.8% | -0.69 | 71 |
| SPY | -$8.76bn per 1% | 27.5% | 27.5% | 26.3% | -0.48 | 71 |
| XLP | -$62.5m per 1% | 28.9% | 28.9% | 44.9% | -0.97 | 71 |
| DELL | +$25.0m per 1% | 31.7% | 31.7% | 22.2% | -0.45 | 71 |
| XLV | +$30.6m per 1% | 33.1% | 33.1% | 34.6% | -0.49 | 71 |
| QQQ | -$2.94bn per 1% | 35.9% | 35.9% | 31.9% | -0.39 | 71 |
| SPCX | -$43.5m per 1% | 35.9% | 35.9% | 16.8% | -0.42 | 71 |
| AVGO | -$1.0m per 1% | 38.7% | 38.7% | 42.6% | -0.21 | 71 |
| DE | +$7.6m per 1% | 45.8% | 45.8% | 31.8% | -0.08 | 71 |
| GOOG | +$57.6m per 1% | 51.4% | 51.4% | 54.2% | 0.02 | 71 |
| PLTR | +$103.9m per 1% | 54.2% | 54.2% | 48.1% | 0.09 | 71 |
| CRWD | +$44.2m per 1% | 62.7% | 62.7% | 50.5% | 0.28 | 71 |
| SNDK | +$27.4m per 1% | 62.7% | 62.7% | 58.7% | 0.43 | 71 |
| XOM | +$86.1m per 1% | 64.1% | 64.1% | 59.8% | 0.32 | 71 |
| WDC | +$884k per 1% | 65.5% | 65.5% | 43.2% | 0.53 | 71 |
| AAPL | +$1.15bn per 1% | 72.5% | 72.5% | 65.0% | 0.78 | 71 |
| AMD | +$213.7m per 1% | 76.8% | 76.8% | 56.6% | 0.72 | 71 |
| CAT | +$12.5m per 1% | 76.8% | 76.8% | 60.7% | 0.75 | 71 |
| MRVL | +$58.9m per 1% | 76.8% | 76.8% | 54.0% | 0.75 | 71 |
| XLY | -$44.4m per 1% | 76.8% | 76.8% | 92.4% | 0.49 | 71 |
| MU | +$403.4m per 1% | 78.2% | 78.2% | 68.5% | 1.17 | 71 |
| CRSR | +$289k per 1% | 81.0% | 81.0% | 55.2% | 0.77 | 71 |
| SMH | +$112.1m per 1% | 82.4% | 82.4% | 84.8% | 0.90 | 71 |
| SOXX | +$30.1m per 1% | 82.4% | 82.4% | 64.0% | 1.26 | 71 |
| STX | +$21.5m per 1% | 82.4% | 82.4% | 57.2% | 0.82 | 71 |
| INTC | +$124.5m per 1% | 85.2% | 85.2% | 55.0% | 1.14 | 71 |
| XLK | +$24.1m per 1% | 85.2% | 85.2% | 77.6% | 1.39 | 71 |
| NVDA | +$1.46bn per 1% | 88.0% | 88.0% | 54.3% | 1.18 | 71 |
| PANW | +$46.1m per 1% | 89.4% | 89.4% | 76.3% | 1.15 | 71 |
| META | +$1.26bn per 1% | 90.8% | 90.8% | 64.6% | 1.82 | 71 |
| MSFT | +$1.51bn per 1% | 90.8% | 90.8% | 89.5% | 0.72 | 71 |
| XLU | +$33.3m per 1% | 96.5% | 96.5% | 96.4% | 1.34 | 71 |
| RSP | -$99.9m per 1% | insufficient data (n=3) | insufficient data (n=3) | insufficient data (n=3) | insufficient data (n=3) | 3 |
