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CAT

Caterpillar Inc.
CAT KEY LEVELSCaptured 2026-09-16 05:10 ET
$788.00CAT last price
+0.57%Change on the session
-$68.9MNet dealer gamma, Neutral Gamma: Spot At the Flip
790Largest gamma strike, -$10.7M net
800Call wall
760Put wall

Prices and gamma are point-in-time snapshots taken at the time shown. 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.

IndustrialConstruction & Mining EquipmentMkt Cap: 180BAvg Vol: 3M

LIVE MARKET SNAPSHOT

LAST PRICE
$788.00+0.57%
Volume 2K
DEALER GAMMA (GEX)
Call Wall800
Put Wall760
GEX Flip797.5
Vol Trigger797.5
Net GEX-$68.9M
Neutral Gamma: Spot At the Flip

Cached snapshot as of 2026-09-16 09:10 UTC, live streaming data in the terminal.

CAT 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 CAT'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 CAT option chain, not the whole book: the 30 strikes nearest spot out of 99 seen, 1,440 contract rows spanning 18 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.

StrikeNet GEXCall GEXPut GEXConcentration
735-$2.9M$29.5K-$2.9M
737.5-$66.3K$0-$66.3K
740-$3.8M$2.2M-$6.1M
742.5-$79.8K$3.1K-$82.9K
745-$779.0K$19.0K-$798.0K
747.5-$235.7K$0-$235.7K
750-$10.4M$440.8K-$10.8M
755-$1.1M$41.1K-$1.2M
760PUT WALL-$10.6M$6.7M-$17.3M
765-$689.4K$109.3K-$798.6K
770-$10.5M$574.0K-$11.0M
775-$10.5M$345.6K-$10.8M
780-$4.0M$8.7M-$12.7M
785SPOT-$1.1M$797.4K-$1.9M
790-$10.7M$5.4M-$16.1M
795-$1.0M$472.1K-$1.5M
797.5GEX FLIP$70.0K$128.9K-$58.9K
800CALL WALL-$4.3M$11.8M-$16.1M
805-$60.2K$707.8K-$768.0K
807.5$47.3K$51.6K-$4.3K
810-$413.7K$3.8M-$4.2M
812.5$34.4K$38.7K-$4.3K
815$398.4K$1.4M-$1000.0K
817.5$1.2K$16.6K-$15.3K
820$534.1K$4.1M-$3.6M
822.5$7.4K$11.0K-$3.7K
825$1.9M$2.3M-$436.5K
827.5$53.4K$53.4K$0
830$1.2M$3.2M-$2.0M
832.5$16.0K$16.0K$0

These levels were captured September 16, 2026 from the open interest carried on the option chain. New levels post before each market open. Today's SPX gamma levels.

ABOUT CAT

Caterpillar is the world's largest manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Its iconic yellow machines are a proxy for global infrastructure investment, and its dealer network provides a significant aftermarket parts and services revenue stream.

WHY TRACK CAT ON SQUAWKFLOW

CAT options flow is the primary global infrastructure and construction cycle indicator. Institutional positioning reflects views on China stimulus, U.S. infrastructure spending, and mining capex cycles.

CAT DATA ON SQUAWKFLOW

Options Flow

CAT options flow, unusual activity, and volume concentrations from the session chain

Latest Snapshot

Last CAT price, change, volume, and the current dealer-gamma regime

GEX Dashboard

CAT gamma exposure levels, call/put walls, and GEX flip

AI Narration

AI-powered analysis of CAT market microstructure in real time

News Sentiment

CAT news with AI sentiment scoring and impact analysis

Sector Context

Industrial sector rotation and relative strength vs peers

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