Public delayed snapshot · educational
Current SMH gamma flip (delayed)
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Snapshot loaded.
Updated 2026-10-30T19:59:17Z
SMH last printed 521.97. No gamma flip resolved in this snapshot.
The call wall sits at 522.50 (+0.10%) and the put wall at 520.00 (-0.38%), framing a 0.48%-wide band of concentrated open interest.
These are delayed, educational levels for SMH — a picture of where options open interest is stacked, not a trade signal and not a forecast.
Read: how walls work · what the gamma flip means · all delayed levels
The gamma flip is the strike where net dealer gamma changes sign. Above it, hedging more often fades moves (pin / range). Below it, hedging more often amplifies them (trend / air pockets). This is a delayed public print — not a live quote and not a trade.
Not investment advice. Delayed public data only.