# QQQ Gamma Levels Today: Call Wall 710, Put Wall 695 (Oct 23)

- Source: SquawkFlow (https://squawkflow.com/qqq-gamma-levels)
- As of: Oct 23, 16:14 ET

As of Oct 23, 16:14 ET, QQQ dealer gamma levels: call wall $710, put wall $695, Flip Line (zero gamma) $700, net gamma -$373.6M (negative gamma regime).

## Key Levels

| Metric | Value |
| :--- | :--- |
| Spot Price | $704.86 |
| Call Wall | $710 |
| Put Wall | $695 |
| Flip Line (Zero Gamma) | $700 |
| Net Gamma | -$373.6M |

## Methodology Note

The gamma sign describes modeled net exposure under the assumed dealer positioning, not a forecast of volatility or direction.

## Frequently Asked Questions

### What is the QQQ call wall today?

The QQQ call wall is the strike at or above spot with the most call gamma in our model, currently at $710. It is computed from settled open interest under an assumed dealer positioning; it describes modeled exposure, not where price goes.

### What is the QQQ put wall today?

The QQQ put wall is the strike at or below spot with the most put gamma in our model, currently at $695. It is computed from settled open interest under an assumed dealer positioning; it describes modeled exposure, not where price goes.

### What is the QQQ Flip Line (zero gamma) today?

The QQQ Flip Line is the estimated price level where net dealer gamma exposure crosses zero, currently at $700. Above the Flip Line our model puts dealers in net positive gamma; below it, in net negative gamma. The sign describes modeled exposure, not a forecast of volatility or direction.

### What is the QQQ Swing Line today?

The QQQ Swing Line is the lowest positive gamma strike between the put wall and the call wall. It marks where our modeled gamma regime changes; it is a modeled boundary, not a forecast.

## Related

- [SPY Gamma Levels Today](https://squawkflow.com/spy-gamma-levels)