AAL
American Airlines Group, Inc.The price and the session change are a point-in-time snapshot taken at the time shown. The gamma levels run on a different clock: they are computed 2026-10-20 02:27 ET from the open interest carried on the option chain at that time and are not intraday values. Dealer positioning is an assumption, not an observable: open interest shows that a contract exists, never which side a dealer holds. How dealer gamma is computed.
As of 2026-10-20 02:27 ET, SquawkFlow published AAL at $11.70 (-1.68% delayed, as of 2026-10-19 15:59 ET), net dealer gamma of -$2.1M, a call wall at 13, a put wall at 12 and a zero-gamma flip at 13.5. The gamma figures are computed 2026-10-20 02:27 ET from the open interest carried on the option chain at that time; dealer positioning is an assumption, not an observable. Source: SquawkFlow, https://squawkflow.com/ticker/AAL.
MARKET SNAPSHOT
| Call Wall | 13 |
| Put Wall | 12 |
| GEX Flip | 13.5 |
| Net GEX | -$2.1M |
Cached snapshot as of 2026-10-20 02:27 ET, live streaming data in the terminal.
AAL DEALER GAMMA BY STRIKE
Part of the SquawkFlow GEX Calculator: gamma by strike for any US stock. Compare with SPX GEX.
Net gamma exposure at each strike near AAL's spot price, signed from the dealer perspective, calls positive, puts negative. Green strikes are where hedging tends to dampen moves; red is where it tends to amplify them. Dealer positioning is an assumption rather than an observable, so treat these as a map of where hedging pressure concentrates, not a forecast.
Unit: USD of dealer gamma per 1 percent move in spot. A window of the AAL option chain, not the whole book: the 30 strikes nearest spot out of 31 seen, 122 contract rows spanning 2 expirations. Gamma is taken as the chain publishes it per contract; nothing here is re-priced. Crossed with the open interest carried on that chain.
New to these levels? Start with the call wall and put wall, or the zero gamma level where the sign of dealer hedging flips.
All captured expirations. Chain as of .
| Strike | Net GEX | Call GEX | Put GEX | Concentration |
|---|---|---|---|---|
| 5 | $35 | $39 | -$3 | |
| 6 | $19 | $22 | -$3 | |
| 7 | $12 | $14 | -$2 | |
| 8 | $107 | $149 | -$42 | |
| 8.5 | $141 | $146 | -$5 | |
| 9 | $60 | $133 | -$73 | |
| 9.5 | -$364 | $190 | -$554 | |
| 10 | -$43.6K | $508 | -$44.1K | |
| 10.5 | -$105.1K | $236 | -$105.4K | |
| 11 | -$166.9K | $3.4K | -$170.3K | |
| 11.5 | -$249.2K | $15.1K | -$264.3K | |
| 12SPOTPUT WALL | -$1.5M | $78.2K | -$1.5M | |
| 12.5 | -$170.4K | $105.7K | -$276.2K | |
| 13CALL WALL | -$23.5K | $222.1K | -$245.6K | |
| 13.5GEX FLIP | $74.4K | $102.6K | -$28.2K | |
| 14 | $32.3K | $45.6K | -$13.3K | |
| 14.5 | $19.0K | $19.2K | -$255 | |
| 15 | $32.0K | $32.8K | -$762 | |
| 15.5 | $5.0K | $5.0K | -$3 | |
| 16 | $2.5K | $2.5K | -$13 | |
| 16.5 | $283 | $285 | -$2 | |
| 17 | $295 | $299 | -$4 | |
| 17.5 | $113 | $114 | -$1 | |
| 18 | $5 | $5 | $0 | |
| 18.5 | $3 | $3 | -$1 | |
| 19 | $1 | $1 | $0 | |
| 19.5 | $1 | $1 | $0 | |
| 20 | $0 | $0 | $0 | |
| 21 | $0 | $0 | $0 | |
| 22 | $0 | $0 | $0 |
These levels were captured October 20, 2026 from the open interest carried on the option chain. New levels post before each market open. Today's SPX gamma levels.
ABOUT AAL
American Airlines Group, Inc. is listed on Nasdaq under the symbol AAL. Its SEC filings list its industry as scheduled air transportation. Its business address on file with the SEC is in Fort Worth, TX.
WHY TRACK AAL ON SQUAWKFLOW
AAL has an active listed options market. This page computes AAL dealer gamma by strike from its listed options chain, with the call wall, the put wall and the Flip Line. The chain behind these figures refreshes a few times each session, and every reading carries the time of the chain it came from.
AAL DATA ON SQUAWKFLOW
Options Flow
AAL options flow, unusual activity, and volume concentrations from the session chain
Latest Snapshot
Last AAL price, change, volume, and the current dealer-gamma regime
GEX Dashboard
AAL gamma exposure levels, call/put walls, and GEX flip
AI Narration
AI-powered analysis of AAL market microstructure in real time
News Sentiment
AAL news with AI sentiment scoring and impact analysis
Sector Context
Industrial sector rotation and relative strength vs peers
Track AAL in the Terminal
Options flow, per-strike dealer gamma, key levels, and AI narration, free.
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